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Home»Business»$1.7 billion Powerball jackpot up for grabs in Saturday evening drawing
Business

$1.7 billion Powerball jackpot up for grabs in Saturday evening drawing

VernoNewsBy VernoNewsSeptember 4, 2025No Comments3 Mins Read
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.7 billion Powerball jackpot up for grabs in Saturday evening drawing
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Take a look at what’s clicking on FoxBusiness.com.

The Powerball jackpot sits at an estimated $1.7 billion forward of Saturday evening’s drawing, making it the third-largest prize within the recreation’s historical past.

The pot grew after no ticket matched all six numbers from Wednesday evening’s drawing. It now has an estimated money worth of $770.3 million, in line with the lottery.

The white balls drawn on Wednesday have been 3, 16, 29, 61 and 69. The pink Powerball was 22.

VIRGINIA WOMAN TAKES HOME SEVEN-FIGURE SUM AFTER PURCHASING ‘WRONG’ LOTTERY TICKET

The Powerball jackpot has risen to an estimated $1.7 billion after no tickets matched the numbers drawn for the $1.4 billion grand prize on Wednesday. (Picture Illustration by Thomas Fuller/SOPA Photos/LightRocket by way of Getty Photos / Getty Photos)

Eleven winners nationwide scored a $1-million prize after matching all 5 white balls. These tickets have been offered in California (two), Colorado, Florida, Georgia (two), Illinois, Maryland, Minnesota, Ohio and Pennsylvania. 

4 gamers in Michigan, Oregon, Texas and Wyoming elevated their winnings to $2 million by choosing the Energy Play choice for $1 extra.

When a fortunate participant does win the jackpot, they’ll obtain the cash in annual installments or a lump sum cost. If the annuity choice is chosen, the participant receives a right away cost adopted by 29 annual funds that enhance by 5% yearly.

Powerball ticket seen in store

Whereas the grand prize was not received on Wednesday, 11 individuals nationwide received $1 million prizes for matching all 5 white balls and 4 individuals nationwide received $2 million prizes for doing the identical with the Energy Play choice chosen. (William Thomas Cain/Getty Photos / Getty Photos)

The winner will stroll away with a lot much less after a 37% federal tax fee, based mostly on IRS estimates.

LOTTERY COMPANY SENT INACCURATE NOTIFICATIONS OF MASSIVE WINNINGS TO ‘THOUSANDS’

Some winners will even face a state tax starting from 3% to 11%, although California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming do not tax lottery winnings. 

The jackpot was most just lately received on Could 31, 2025, in California. There have been 33 consecutive drawings and not using a grand prize winner since then.

2025 Powerball jackpots

  • Could 31: $204.5 million in California
  • April 26: $167.3 million in Kentucky
  • March 29: $526.5 million in California
  • Jan. 18: $328.5 million in Oregon
Powerball

The following Powerball drawing will happen on Saturday, Sept. 6. Gamers have a 1 in 292.2 million probability of profitable the grand prize. (GIORGIO VIERA/AFP by way of Getty Photos / Getty Photos)

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The chances of profitable a prize are 1 in 24.9, whereas the chances of profitable the jackpot are 1 in 292.2 million, in line with Powerball.

The following drawing is on Saturday, Sept. 6, at 10:59 p.m. ET.

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