Record Streak of 42 Jackpotless Draws Fuels $1.7B Powerball Prize

The Powerball jackpot has reached a staggering $1.7 billion, marking the third-largest prize in U.S. lottery history and the second-highest in Powerball’s record. This follows a continued rise after no ticket matched all six numbers in the previous drawing. The estimated cash value for the jackpot stands at $770.3 million. The prize ranks only behind the world-record $2.04 billion Powerball jackpot won on November 7, 2022, and the $1.765 billion jackpot won on October 11, 2023, both in California [2].

The Powerball jackpot has grown after the most recent draw failed to produce a winner, with the last draw matching white balls 3, 16, 29, 61, 69 and red Powerball 22. The Power Play multiplier was 2 in that drawing. Despite no jackpot winner, numerous prizes were awarded. Nationally, 11 tickets matched all five white balls for $1 million prizes, with two of those sold in California. Four tickets, which included the Power Play option, each won $2 million. A total of 117 tickets won $50,000 prizes, and 36 tickets claimed $100,000 prizes [2].

In the Double Play drawing, two tickets—sold in Pennsylvania and Maine—each won $500,000 by matching all five black balls. Double Play is a $1 add-on feature that offers players an additional chance to win up to $10 million in a separate drawing following each Powerball draw. Overall, more than 6.3 million tickets won cash prizes in the last Powerball drawing [2].

The Saturday drawing will be the 42nd consecutive Powerball drawing since the jackpot was last won in California on May 31, 2025. This streak is now the record for the most consecutive drawings without a jackpot winner, surpassing the previous record of 41 drawings that occurred with the $1.326 billion jackpot won in Oregon on April 6, 2024 [2]. If a player wins the jackpot, they may choose between an annuitized prize of $1.7 billion or a lump sum of $770.3 million. The annuitized option provides 30 annual payments, with the first payment issued immediately and subsequent payments increasing by 5% each year. The odds of winning the jackpot remain at 1 in 292.2 million [2].

Powerball tickets are sold for $2 each across 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. More than half of the proceeds from each ticket stay in the jurisdiction where it was purchased. Since its inception in 1992, the game has generated over $36 billion for various charitable causes supported by U.S. lotteries [2]. The drawing will be broadcast live on Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee and will also be available via live stream on Powerball.com [2].

The current Powerball jackpot is the second-largest in the game’s history and represents the latest milestone in a series of record-breaking jackpots. The top ten Powerball jackpots now include the $2.04 billion (2022), $1.765 billion (2023), and the current estimated $1.7 billion [2].

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[1] Powerball jackpot increased to $1.40 billion ahead of tonight's drawing (https://www.powerball.com/powerball-jackpot-increased-to-1.40-billion-ahead-of-tonights-drawing)

[2] Powerball jackpot skyrockets to $1.70 billion for Saturday's drawing (https://www.powerball.com/powerball-jackpot-skyrockets-to-1.70-billion-for-saturdays-drawing)

[3] Powerball Draw Result - Mon, Sep 1, 2025 (https://www.powerball.com/draw-result?date=2025-09-01&gc=powerball)