Powerball jackpot hits $1.10bn for upcoming drawing, fifth-largest

• Surviving the drawing on Saturday, the jackpot from Powerball has become the fifth-largest in the history of the game
• With the next Powerball drawing scheduled for Monday, the game's top prize of $1.10bn will be up for grabs
• A dozen players won million-dollar prizes from the game's draw on Saturday

Climbing steadily, drawing after drawing, late last month, the jackpot from Powerball hit $700m.

After the game's last draw on Saturday, August 30, 2025, nobody matched all winning numbers for an estimated jackpot of more than $1bn and the top prize has now become the fifth-largest.

A $1.10bn jackpot is up for grabs from Powerball

The next drawing for Powerball is set to take place hours away, on Monday, September 1, 2025.

The mind-boggling sum of $1.10bn will be up for grabs, in case a lottery player beats the odds of 1 in 292.2m.

A cash option of $498.4m is also available, and while the sum isn't in the billion-dollar range, it is safe to say that it is completely life-changing.

The $1.10bn Powerball jackpot marks the fifth-largest prize in the history of the game.

The fourth-largest jackpot won from Powerball dropped in April 2024 when a single ticket in Oregon matched all winning numbers for a $1.326bn payday.

The third-largest prize from Powerball, a sweet $1.586bn jackpot, was won in January 2016 and split between a total of three tickets in Tennessee, California and Florida.

The second-largest jackpot from Powerball was won via a single ticket in California.

The incredibly fortunate winner scored the $1.765bn jackpot in October 2023.

The largest jackpot ever won from Powerball was $2.04bn, hit by a single ticket in California in November 2022.

Akshay Khanna, Jackpot.com's CEO and co-founder, shared his excitement about the growing Powerball jackpot, Casino Guru News learned from a press release.

"Crossing the billion-dollar mark is always a moment that captures the national imagination," he said.

Lucky lottery players collect million-dollar prizes from Powerball's most recent drawing

While nobody won the jackpot on Saturday, a dozen fortunate players scored million-dollar prizes.

Four ticket holders in California won $1m each by matching five white balls.

Players in Florida, Illinois, Connecticut, Massachusetts and Pennsylvania won $1m each, while ticket holders in Colorado, Indiana and New Hampshire won a Power Play prize of $2m each.

More than 100 fortunate players won tier-three prizes, collecting $50,000 or $150,000.

A total of 115 lottery players who matched correctly four white balls along with the Red Powerball number won $50,000 each, while 27 won $150,000 Power Play prizes each.

Within the lower prize tiers, between $300 and $4, more than 3 million players collected prizes from the game's recent drawing.

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