Powerball jackpot resets to $20 million for November 7 drawing after lucky New Jersey ticket wins massive $847 million top prize

The Powerball jackpot has been reset to $20 million for the upcoming Saturday drawing (November 7), following the luckiest draw in New Jersey, where a ticket holder has won the record breaking $847 million top prize on Wednesday night. The ticket was able to match all six numbers, thus putting an end to a series of 35 draws in a row without a winner of the grand prize. According to Powerball, the $847 million jackpot ranks as the ninth-largest prize in the lottery's history.

The winner is left with a difficult choice of either collecting all $847 million using the annuity method or opting for a lump-sum payment of $363.1 million. Under the annuity option, the winner would receive 30 payments spread over 29 years, with the amount increasing annually. Both options are subject to federal and state taxes.

The identity of the lucky winner is still unknown since there has been no disclosure from Powerball about who bought the ticket. The winning ticket was bought at a Wegmans store located in Montvale, New Jersey. The state law allows lottery winners to remain anonymous.


Wednesday's massive win comes less than three months after an Illinois ticket holder claimed a $1.04 billion jackpot in August, the eighth-largest in Powerball history. Meanwhile, four additional tickets reportedly matched all five white balls to claim secondary prizes.

POWERBALL'S MASSIVE JACKPOTS CONTINUE IN 2026

Winning the jackpot is highly impossible due to the low probability of winning which has a mere 1 out of 292.2 million chances of picking the right six numbers. But this fact never stopped people from getting lucky and winning the jackpots in the year 2026. The largest Powerball Jackpot that was ever won occurred in Illinois on August 12, where one lucky person was able to pick all the six numbers right thus winning an unbelievable jackpot prize amount of $1.04 billion dollars. This massive jackpot was built through 44 drawings straight without any winner.

Apart from Illinois, there were other states which produced winners of the Powerball in 2026. In January of the same year, a Powerball lottery winner in North Carolina earned about $209.3 million and in March, a lucky winner in Arkansas won a whopping $250.8 million. This is just a way of reminding everyone that even if the probability of winning the Powerball lottery is very slim, one can still strike it rich.

HOW HIGH CAN THE POWERBALL JACKPOT GO?

This is due to the reason that the jackpot rises rapidly because of the failure of any individual to get the six numbers. The jackpot rises because it goes into the next round until it becomes millions or even billions of money. In the history of the Powerball game, the maximum amount of jackpot that has been ever won is around $2.04 billion in the year 2022. There have also been two jackpots of over $1.7 billion; one was $1.817 billion in 2025 and another one was $1.787 billion.

The winners need not necessarily pick all the six numbers to win big. The winner who picks all the five white balls but does not pick the red ball gets a prize of one million dollars before taxes. There is another option known as Power Play, which multiplies most of the non-jackpot prizes.

It is possible to buy tickets for the Powerball lottery in 45 states of the US along with Washington DC, Puerto Rico, and the US Virgin Islands. Powerball continues to be popular for the reason that its large player base, large jackpots, and rollover feature. People who have bought their Powerball tickets develop anticipation for larger jackpots in each successive draw.

Powerball winning numbers for November 4

The winning numbers for November 4 (Wednesday): 15-34-41-53-56 and the Powerball is: 21. The Powerplay was 2X.

When is the next Powerball drawing?

The next Powerball drawing is scheduled for Saturday, November 7. Powerball drawings take place three times a week - every Monday, Wednesday and Saturday - at approximately 10:59 PM ET.

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

Powerball ticket buying times vary from one state to another and, therefore, one should not take any chances. In New Jersey, ticket sales will end at 9:59 PM, but in New York, the sales will end at 10 PM.

How to play Powerball?

A ticket purchase for the Powerball game costs two dollars, whereas one more dollar is needed to participate in the Power Play, where the prizes other than the jackpot will be multiplied five and ten times if the jackpot is below 150 million dollars.

Each participant selects his/her numbers ranging from 1 to 69 for the five white balls and one number from 1 to 26 for the Powerball. Alternatively, quick picks are made by lottery machine.

The amounts of prizes differ from four dollars when matching just the Powerball to one million dollars when five white balls are matched (except for California).

How many states have Powerball?

The Powerball ticket is available in 45 states in the USA, along with Washington, D.C., Puerto Rico, and U.S. Virgin Islands. It is considered one of the most popular lottery games in America.

How to buy Powerball tickets?

The lottery tickets for the Powerball game can be bought physically from gasoline stations, convenience stores, supermarkets, and some airport terminal stores.

The other way of buying the Powerball game tickets is via an online Jackpocket app in selected states such as Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, Washington DC, and West Virginia.

Through the Jackpocket app, one can select the game of choice, pick numbers, order the ticket, and claim any winnings directly from the mobile phone or desktop computer.