Powerball jackpot climbs to $119 million for August 29 drawing - Here's what Saturday night's winner could take home
Powerball jackpot August 29: The Powerball jackpot now stands at $119 million for Saturday's drawing. No winner matched all numbers in Wednesday's drawing, increasing the prize. Previous large jackpots were won in Illinois, North Carolina, Arkan...
By Mukesh Thapliyal, Global Desk |
AP
The Powerball jackpot is now estimated at $119 million for Saturday night’s drawing after no player matched all six numbers in Wednesday’s drawing. The advertised prize is based on the annuity option, which is paid in installments over 30 years. Winners who want their money upfront can choose the estimated $51.1 million cash option instead. Taxes would reduce either payout. Federal taxes apply to Powerball winnings, while additional state and local taxes may depend on where the winning ticket was purchased.
Winning the jackpot is exceptionally rare. Players must correctly match five white balls and the red Powerball, with jackpot odds of approximately 1 in 292.2 million. Still, 2026 has already delivered several enormous Powerball prizes. The year's biggest jackpot was won on August 12, when a ticket sold in Illinois matched all six numbers and secured an estimated $1.04 billion prize. The jackpot had rolled over for 44 consecutive drawings before the winning ticket ended the streak. The prize ranks as the eighth-largest jackpot in Powerball history. The Illinois winner has a choice between the full $1.04 billion annuity, distributed over three decades, or an estimated $450.5 million lump sum. Taxes apply to both options.
Several other major jackpots have been claimed this year. A North Carolina ticket won $209.3 million in January, followed by a $250.8 million jackpot claimed in Arkansas in March. In April, a Delaware ticket won an estimated $231 million. Powerball prizes can grow rapidly when drawings pass without a jackpot winner. The game's all-time record stands at $2.04 billion, won in 2022. The next two biggest jackpots reached $1.817 billion and $1.787 billion, both in 2025.
The jackpot is not the only way to win. Players who match all five white balls can receive a $1 million prize, before taxes and subject to applicable Power Play rules. Powerball tickets are sold in 45 states, Washington, DC, Puerto Rico and the US Virgin Islands, making the game one of America's most widely played lottery draws.
Powerball winning numbers for August 26
The winning numbers for August 26 (Wednesday): 12-32-45-50-58 and the Powerball is: 02. The Powerplay was 2X.
When is the next Powerball drawing?
The next drawing will take place on August 29, Saturday. 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.
Winning the jackpot is exceptionally rare. Players must correctly match five white balls and the red Powerball, with jackpot odds of approximately 1 in 292.2 million. Still, 2026 has already delivered several enormous Powerball prizes. The year's biggest jackpot was won on August 12, when a ticket sold in Illinois matched all six numbers and secured an estimated $1.04 billion prize. The jackpot had rolled over for 44 consecutive drawings before the winning ticket ended the streak. The prize ranks as the eighth-largest jackpot in Powerball history. The Illinois winner has a choice between the full $1.04 billion annuity, distributed over three decades, or an estimated $450.5 million lump sum. Taxes apply to both options.
Several other major jackpots have been claimed this year. A North Carolina ticket won $209.3 million in January, followed by a $250.8 million jackpot claimed in Arkansas in March. In April, a Delaware ticket won an estimated $231 million. Powerball prizes can grow rapidly when drawings pass without a jackpot winner. The game's all-time record stands at $2.04 billion, won in 2022. The next two biggest jackpots reached $1.817 billion and $1.787 billion, both in 2025.
The jackpot is not the only way to win. Players who match all five white balls can receive a $1 million prize, before taxes and subject to applicable Power Play rules. Powerball tickets are sold in 45 states, Washington, DC, Puerto Rico and the US Virgin Islands, making the game one of America's most widely played lottery draws.
Powerball winning numbers for August 26
The winning numbers for August 26 (Wednesday): 12-32-45-50-58 and the Powerball is: 02. The Powerplay was 2X.
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When is the next Powerball drawing?
The next drawing will take place on August 29, Saturday. 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
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Match 5 White Balls: $1 million
Match 4 White Balls + Powerball: $50,000
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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.
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