— A $1.4 billion Powerball jackpot, the sixth-largest U.S. lottery prize on record, carries into Wednesday’s drawing after 40 consecutive drawings this summer produced no grand-prize winner.
Key Takeaways
- The jackpot stands at an estimated $1.4 billion annuity; the cash option is about $634.3 million.
- No ticket has matched all six numbers since May 31, 2025, producing 40 straight rollovers.
- The upcoming drawing is the 41st in the current sequence, one fewer than last year’s streak.
- Powerball odds of winning the jackpot are 1 in 292.2 million; smaller prizes have better odds.
- Powerball holds three drawings per week; tickets cost $2 and the game is available in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Verified Facts
The advertised jackpot — $1.4 billion — refers to the annuity payout, paid as 30 graduated payments over 29 years. Most winners select the cash option instead; for this drawing the lump-sum cash estimate is roughly $634.3 million.
Powerball has not produced a grand-prize winner since May 31, 2025. The machine has generated 40 consecutive drawings without a top-prize match, and the next drawing will be the 41st in that run, falling one short of the prolonged streak recorded last year.
The mathematical odds against winning the Powerball jackpot are 1 in 292.2 million. Lottery officials emphasize those odds apply only to the top prize; the game also awards multiple lower-tier prizes with substantially higher chances of winning.
Powerball tickets are sold for $2 each. The game is operated across 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Drawings occur three times weekly, which is the mechanism that enabled the jackpot to roll over through the summer.
Context & Impact
A jackpot of this size tends to increase public attention and ticket sales, which in turn can enlarge prize pools when no top prize is claimed. Large rollovers also draw media coverage and prompt discussions about responsible play.
State lotteries typically direct a portion of ticket revenue to education and other public programs; higher jackpots can therefore translate into larger contributions for those purposes, though allocations vary by jurisdiction.
- Record context: last year’s longest streak reached 42 drawings without a grand-prize winner.
- Practical impact: a single winning ticket claiming the annuity would receive 30 payments over nearly three decades unless the winner selects the cash option.
Official Statements
Officials note the steep odds of 1 in 292.2 million for the jackpot while reminding players that smaller prizes remain more attainable.
Powerball officials
Unconfirmed
- Exact ticket sales figures for the current drawing and whether any single retailer has sold tickets sufficient to guarantee a jackpot win are not publicly confirmed.
- No information is available about where a potential winning ticket might be sold until a claim is filed and verified.
Bottom Line
The $1.4 billion Powerball jackpot keeps building public interest as the game approaches its 41st drawing in a streak without a grand-prize winner. While the odds of winning the top prize remain extremely low, the prize continues to capture attention and drive ticket purchases across participating jurisdictions.