Powerball jackpot rises to $748 million for August 3 drawing - Here's what Monday night's winner could take home

No one matched all six numbers in Saturday night's Powerball drawing, causing the jackpot to climb once again. The estimated top prize for the next drawing on Monday, August 3, now stands at $748 million, offering lottery players another shot at one of the biggest jackpots of the year. The lucky winner will have two payout options. They can choose the full $748 million annuity, paid in annual installments over 30 years, or take a lump-sum cash option of about $325.1 million before federal taxes and any applicable state taxes.

Although the prize continues to grow, the odds of winning the Powerball jackpot remain extremely slim. Players have roughly a 1 in 292.2 million chance of matching all six winning numbers. Powerball tickets are sold in 45 states, as well as Washington, DC, Puerto Rico, and the US Virgin Islands.

Powerball has already crowned several jackpot winners in 2026. A ticket sold in North Carolina won $209.3 million in January, followed by a $250.8 million jackpot winner in Arkansas in March. Another lucky player in Delaware claimed a $231 million jackpot in April. In addition to these massive prizes, dozens of players have won $1 million or more by matching five numbers throughout the year.


If no one wins Monday night's jackpot, the prize will roll over again and grow even larger. As the jackpot rises, ticket sales typically increase, with millions of hopeful players dreaming of becoming Powerball's next multimillionaire - or possibly the next lottery billionaire if the grand prize continues to climb.

Powerball winning numbers for August 1

The winning numbers for August 1 (Saturday): 06-17-27-48-50 and the Powerball is: 05. The Powerplay was 3X.

When is the next Powerball drawing?

The next drawing will take place August 3, Monday. Drawings are held three times per week at approximately 10:59 PM ET every Monday, Wednesday, and Saturday.

What is the Powerball payout?

• Match 5 White Balls + Powerball: Jackpot
• Match 5 White Balls: $1 million
• Match 4 White Balls + Powerball: $50,000
• Match 4 White Balls: $100
• Match 3 White Balls + Powerball: $100
• Match 3 White Balls: $7
• Match 2 White Balls + Powerball: $7
• Match 1 White Ball + Powerball: $4
• Match Powerball: $4
• Match 5 White Balls with Power Play: $2 million
• Match 4 White Balls + Powerball with Power Play: $200,000
• Match 4 White Balls with Power Play: $400
• Match 3 White Balls + Powerball with Power Play: $400
• Match 3 White Balls with Power Play: $28
• Match 2 White Balls + Powerball with Power Play: $28
• Match 1 White Ball + Powerball with Power Play: $16
• Match Powerball with Power Play: $16

Deadline to buy Powerball tickets

The Powerball ticket purchase deadline varies by state, so one shouldn’t wait until the last minute. In New Jersey, sales close at 9:59PM on the day of the drawing, while in New York, the cutoff is 10PM.

How to play Powerball?

Powerball tickets cost $2 each, with an optional Power Play for an additional $1, which can multiply non-jackpot prizes by up to 5x (except for the jackpot and Match 5), and up to 10x if the jackpot is under $150 million.

Each player chooses five numbers from 1 to 69 for the white balls and one number from 1 to 26 for the red Powerball. A quick pick option is also available by the lottery machine which randomly generates numbers.

Prizes range from $4 for matching only the Powerball to $1 million for matching all five white balls (except in California), and the jackpot for matching all six numbers.

How many states have Powerball?

Powerball is available in 45 states, along with Washington, DC, Puerto Rico, and the US Virgin Islands, making it one of the most widely played lottery games in the United States.

How to buy Powerball tickets?

Powerball tickets can be bought in person at gas stations, convenience stores, grocery stores, and some airport terminals.

Alternatively, tickets can be purchased online through the Jackpocket app in select states: Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, Washington DC, and West Virginia.

The Jackpocket app lets players choose their game and numbers, place orders, view tickets, and collect winnings directly from their phone or home computer, providing a convenient digital alternative to in-person purchases.