The Powerball jackpot has climbed to an estimated $905 million after no ticket matched all six numbers in Saturday night’s drawing, extending the game’s current streak without a grand-prize winner to 42 drawings.
The next drawing is scheduled for Monday, Aug. 10, at approximately 10:59 p.m. Eastern time. A winner who chooses the lump-sum option would receive an estimated $391.1 million before federal and, where applicable, state taxes.
The annuity prize, the headline $905 million figure, would be paid in 30 graduated installments over 29 years. Both the annuity and cash options are pretax estimates, and the actual payout can change based on ticket sales and other factors before the drawing.
At its current estimate, the prize ranks as the eighth-largest jackpot in Powerball history, according to the game’s official website.
Saturday’s winning numbers
The numbers drawn Saturday, Aug. 8, were:
5, 9, 35, 54 and 63
Powerball: 7
Power Play: 3x
No ticket matched all five white balls and the red Powerball to claim the estimated $864 million jackpot available in the drawing.
The result pushed the prize beyond the $900 million threshold for Monday’s drawing, making it the largest Powerball jackpot of 2026 so far.
Powerball jackpots begin at $20 million after a win and grow every time no player matches all six numbers. The prize grows faster during periods of heavy ticket sales, which often increase as jackpots enter the hundreds of millions of dollars.
The last Powerball jackpot was won on May 2, when two tickets sold in Florida and Texas split a $20 million prize. Since then, 42 straight drawings have passed without a jackpot winner. Monday’s drawing will be the 43rd of the current rollover run.
Million-dollar tickets sold in five states
Although the grand prize went unclaimed, Saturday’s drawing created several high-value winners.
Four tickets sold in Arizona, Florida, Michigan, and New York matched all five white balls but missed the red Powerball. Each ticket won $1 million.
A fifth ticket, sold in Texas, also matched all five white balls without matching the Powerball. Because the buyer added the Power Play option, its standard $1 million prize was doubled to $2 million.
The Power Play multiplier was 3x for Saturday’s drawing. The multiplier can increase prizes for lower-tier winners, but it does not multiply the jackpot. For Match 5 prizes, however, buying Power Play can raise the payout from $1 million to $2 million regardless of the multiplier drawn.
Powerball officials urged players to check tickets carefully, noting that smaller prizes are awarded for several other number combinations. The overall odds of winning any Powerball prize are about 1 in 24.9.
$905 million annuity versus $391.1 million cash
The large difference between the $905 million jackpot and the $391.1 million cash option often causes confusion.
The advertised jackpot represents an annuity value. If a player chooses that option, the prize is paid in one immediate installment followed by 29 annual payments. Those payments increase by 5% each year, a structure intended to account for inflation and provide a rising long-term income stream.
The cash option is the amount available immediately, based on the money in the prize pool and the estimated cost of funding the annuity. It is lower because it reflects the present value of the future payments.
For Monday’s drawing:
| Option | Estimated value | Payment structure |
| Annuity | $905 million | 30 graduated payments over 29 years |
| Cash option | $391.1 million | One lump-sum payment |
Both choices are before taxes.
A winner’s actual after-tax amount would depend on federal withholding, final federal income-tax liability, residency and any state or local taxes. Some states, including Texas, do not tax lottery winnings at the state level, while others do.
Financial advisers commonly recommend that major lottery winners avoid making immediate decisions, secure the ticket, consult an attorney, and tax professional, and develop a long-term plan before publicly claiming the prize where state law permits.
The odds remain extremely long
The jackpot’s size does not improve a ticket’s chance of winning.
The odds of matching all five white balls and the red Powerball are approximately 1 in 292.2 million.
To play Powerball, players select five white numbers from 1 through 69 and one red Powerball number from 1 through 26. Tickets cost $2, with the optional Power Play add-on costing an additional $1 in participating jurisdictions.
The probability of winning a smaller prize is much better than the jackpot odds, but still modest for the larger secondary prizes. Matching the five white balls without the red Powerball, the result achieved by the five major non-jackpot winners Saturday, has odds of about 1 in 11.7 million.
The game’s basic structure explains why jackpots can become so large. Each ticket has the same low probability of matching every number, even when ticket sales surge. The overwhelming majority of tickets do not win the grand prize, allowing the jackpot to roll into the next drawing.
Lottery officials and responsible-gambling organizations emphasize that Powerball should be treated as entertainment, not as an investment strategy or a financial plan. A larger jackpot may attract more players, but it does not change the mathematical odds for any individual ticket.
Largest Powerball jackpots
Monday’s estimated $905 million prize is enormous, but it remains below the largest jackpots in the game’s history.
Powerball’s official jackpot list includes several prizes above $1 billion, led by a $2.04 billion jackpot won in California in November 2022. Other record prizes include a $1.765 billion jackpot won in California in October 2023 and a $1.586 billion prize shared by winners in California, Florida, and Tennessee in January 2016.
The current jackpot is larger than the $842.4 million Powerball prize won by a single ticket in Michigan on Jan. 1, 2024, and larger than the $768.4 million prize won in Wisconsin in 2019.
The current run is also the largest Powerball jackpot since an estimated $1.817 billion prize was won in Arkansas on Christmas Eve 2025, according to ABC7 New York.
These record totals have transformed Powerball from a multistate lottery product into a national consumer event. When prizes pass $500 million or $1 billion, ticket sales often increase sharply as people who rarely participate decide to buy one or two tickets.
That sales surge can accelerate jackpot growth, creating a cycle in which public attention, news coverage and rising prize estimates attract more players ahead of the next drawing.
How and when to watch
Powerball drawings are held three times each week:
- Monday
- Wednesday
- Saturday
Drawings take place at approximately 10:59 p.m. Eastern time.
The Aug. 10 drawing will be broadcast and streamed through participating lottery organizations and local television outlets. Players can also check official state lottery websites or Powerball.com for confirmed winning numbers after the drawing.
Tickets must generally be purchased before a state-specific sales cutoff, which may be one or two hours before the drawing. Deadlines vary by jurisdiction, so players should check their local lottery’s rules rather than assume that sales remain open until the draw begins.
What Monday’s drawing means
The $905 million estimate is not guaranteed to remain fixed. If ticket sales are particularly strong before Monday night, the jackpot could rise before the balls are drawn. Conversely, if a player wins, the next jackpot would reset to its starting level.
For now, the central facts are straightforward: Saturday’s drawing produced no jackpot winner, five tickets won prizes of at least $1 million, and one ticket in Texas is worth $2 million.
The next chance to win comes Monday night, when players across 45 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands will compete for an estimated $905 million annuity prize or a $391.1 million cash option before taxes.
The prize may be headline-grabbing, but the odds remain unchanged: approximately 1 in 292.2 million for the jackpot.