Powerball jackpot rises to $88 million for March 16 drawing - Here's what the winner could actually pocket on Monday night

The jackpot for Powerball has climbed to an estimated $88 million for the March 16 drawing after no ticket matched all six numbers in Saturday night’s draw. With the prize rolling over once again, anticipation is building as millions of players across the United States are expected to purchase tickets before the next drawing.

The eventual winner will have two payout choices. One option is the annuity, valued at about $88 million, which is paid out in annual installments over 30 years. These payments gradually increase by about 5 percent each year, offering a larger amount over time. The second option is a lump-sum cash payout, which is currently estimated at roughly $40 million before taxes.

Even with the extremely slim odds of hitting the jackpot - about 1 in 292.2 million - the lottery continues to attract massive participation. Powerball tickets are available in 45 states, along with Washington, DC, Puerto Rico, and the US Virgin Islands, giving millions of Americans the chance to try their luck.


The latest rollover comes not long after a major prize was claimed. On March 2, a lucky ticket holder in Arkansas won a $250.8 million jackpot through the Arkansas Scholarship Lottery. The prize became the second-largest Powerball jackpot ever won in the state.

Arkansas also holds the record for the state’s biggest win, when a staggering $1.817 billion Powerball jackpot was claimed in December 2025. Another significant win occurred earlier this year when a ticket sold in North Carolina landed an estimated $209 million jackpot on January 21, highlighting a recent run of major lottery wins across the United States.

Powerball winning numbers for March 14

The winning numbers for March 14 (Saturday): 09-30-42-50-52 and the Powerball is: 21. The Powerplay was 3X.

When is the next Powerball drawing?

The next drawing will take place Monday, March 16. 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.