The Powerball jackpot has hit $1.8 billion for the drawing on Saturday, marking it the second largest Powerball jackpot ever in U.S. history.
Saturday’s Powerball drawing will be broadcast live at 9:59 p.m. CT, and it will be live streamed here.
No one has won Powerball’s jackpot since May 31, 2025, a stretch of 40-plus consecutive drawings without anyone matching the game’s six numbers.
Whoever the lucky jackpot winner is will have options for how they collect the prize.
One option is one immediate payment, followed by 29 annual payments that increase by 5 percent each year, according to Powerball.
The $1.8 billion jackpot is for an annuity option that is paid over 30 years. If winners opt for the cash prize, it would currently be worth $826.4 million.
Both prize options are before taxes.
With the prize now at over $1.8 billion, it has officially risen among the top 10 highest ever in the U.S., a list that includes Mega Millions numbers. If there is no winner again on Saturday, the new amount could become a record breaker.
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