It's the eighth biggest Powerball prize in history and the largest lottery jackpot of 2026.
The estimated cash value would come into play if the holder of a winning ticket chooses a lump-sum payout rather than 30 annuity payments spanning 29 years, according to the Multi-State Lottery Association. Both options are before taxes.
This is just the 15th time that a $1 billion prize level has been reached in U.S. lottery history, and the eighth for Powerball.
Powerball tickets cost $2. They were sold in 45 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands until last month, when tickets also went on sale in the U.K. However, tickets bought there only count toward the Powerball jackpot, and lower-tier prizes are structured differently.
Powerball drawings are held Mondays, Wednesdays and Saturdays at 10:59 p.m. ET.
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