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Powerball jackpot reaches $905M for tonight's drawing as prize surges

From CBS News · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • The Powerball jackpot has climbed to an estimated $905 million for Monday night's drawing.
  • This prize is the eighth largest in Powerball history and the 16th largest including Mega Millions.
  • The odds of winning the grand prize are 1 in 292,201,338, with tickets sold in 45 U.S. states and internationally.

The Powerball jackpot has surged to an estimated $905 million for Monday night's drawing, marking the largest prize of 2026 and the eighth largest in the game's history. The substantial increase is due to no winner having claimed the grand prize since May.

Should a winner opt for a lump-sum payment, the estimated cash value stands at $391.9 million. When considering Mega Millions jackpots, this prize ranks as the 16th largest in U.S. history. Lottery officials anticipate increased player participation as the jackpot enters the top 10.

While no one has won the jackpot since two tickets split a $20 million prize on May 2, four tickets matched five white balls in Saturday's drawing, each winning $1 million. Powerball tickets are sold in 45 U.S. states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. Recently, ticket sales expanded to the U.K., though these tickets only qualify for the main jackpot.

The odds of winning the grand prize remain steep at 1 in 292,201,338. The next drawings are scheduled for Wednesday and Saturday, with the potential for even larger jackpots if the prize remains unclaimed. The largest Powerball jackpot on record was $2.04 billion, sold in California in November 2022.

Entering the top 10 largest Powerball jackpots is when we historically see a lot of players join in the game

โ€” Stephen DurrellStatement from the Powerball Product Group chair and Kansas Lottery executive director on increased player interest.
DistantNews Editorial

Originally published by CBS News. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.