What are your chances of winning powerball jackpot? Next drawing date, prize amount and other key details

The Powerball jackpot has soared to $1.7 billion after there were no big grand prize winners in Wednesday's drawing. Winning numbers were drawn in the fourth-largest Powerball drawing ever on Wednesday night, Sept. 3, and there was once again no jackpot winner.

The Powerball jackpot continues to rise into life-changing figures, which means more eyes are on the lottery. The jackpot is now the third-highest in Powerball history as well as US lottery history.

Did anyone win the Powerball last night?

No one claimed the winning numbers on Wednesday, Sept. 3 when the jackpot reached $1.4 billion.


Players in the following states won the $2 million prize for Match 5 + Power Play:

Michigan

Oregon

Texas

Wyoming

Players in the following states won the $1 million prize for Match 5:

California (2)

Colorado

Florida

Georgia (2)

Illinois

Maryland

Minnesota

Ohio

Pennsylvania

Powerball winning numbers 8/27/2025

Winning numbers: 3-16-29-61-69

Powerball: 22

Power Play: 2x

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How much is the Powerball jackpot now?

As of 6 a.m. Thursday, the estimated jackpot was up to $1.7 billion, with a cash value of $770.3 million.

When is the next Powerball drawing?

The next drawing is at 10:12 p.m. CT on Saturday, Sept. 6. Powerball drawings occur every Monday, Wednesday and Saturday.

Where can I buy Powerball tickets?

You can buy Powerball tickets at authorized lottery retailers, like gas stations, convenience stores, and grocery stores. Some states also allow online ticket purchases through official lottery websites or third-party apps like Jackpocket.

The standard cost for a Powerball ticket is $2 per play, according to the Powerball website.

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What are my chances of winning the Powerball jackpot?

The odds of scoring the jackpot prize are 1 in 292,201,338. There’s a 1 in 24.87 chance at any prize, ranging from $4 to the jackpot.

How can I watch the Powerball drawing?

Here are some ways you can watch the live drawing of the Powerball:

The Powerball “Watch the Drawing” page on the official website livestreams the event live. You can also view recorded clips afterward.

Texas has local broadcasts that air the drawing.

Powerball often posts draw videos on its YouTube channels, where you can rewatch past draws.

The $1.7 billion jackpot is for an annuity option, paid over 30 years. Winners almost always opt for the lump-sum cash prize, which for Powerball would be $770.3 million cash.

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Is it tax free?

Lottery winnings don’t come tax-free. By law, 24% of your prize is automatically withheld for federal taxes, and you’ll likely owe another 13% when filing your 2025 return.

On top of that, state taxes can take an additional bite—ranging from 2.9% to 10.9% depending on where you live. However, residents of California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming are spared state taxes on lottery winnings.

The biggest jackpot in U.S. history—a staggering $2.04 billion Powerball prize—was claimed by a single ticket in California on November 7, 2022. After months of speculation, Edwin Castro was revealed as the winner in early 2023.

Jackpots reach such record-breaking levels because the odds of winning the grand prize are astronomically slim: just 1 in 292.2 million. Those long odds keep the top prize rolling over, growing bigger with each drawing, and fueling massive public excitement.

Powerball is available in 45 states, plus Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. Drawings take place three times a week at 10:59 p.m. ET from the Florida Lottery studio in Tallahassee.