Powerball Payout Soars to $815 Million After No Jackpot Winner on Monday Night Draw

The Powerball jackpot has skyrocketed once again—this time hitting an estimated $815 million ahead of the next drawing on Wednesday night, August 28, 2025. This comes after no winning ticket was sold for Monday’s $750 million draw, which held the distinction of being the 10th largest jackpot in the history of the game.

The winning numbers drawn on Monday were 16, 19, 34, 37, and 64, with a Powerball of 22. However, no one matched all six numbers, pushing the next prize pool even higher. As ticket sales increase in anticipation of the upcoming draw, the payout could climb further.

What is the current Powerball payout and how does it work?

The current Powerball payout stands at a staggering $815 million, making it the seventh-largest in Powerball history. For those lucky enough to win, there are two payout options:

• Lump Sum: A one-time payment estimated at $367.9 million before taxes.

• Annuity Option: Paid over 30 years, starting with an immediate payment followed by 29 annual installments, each increasing by 5%.

These payout options allow winners to choose between immediate financial gain or long-term security. However, both are subject to federal and state taxes, significantly reducing the final amount pocketed.

Why the Powerball jackpot keeps growing

No one has claimed the Powerball jackpot since May 31, 2025, when a ticket sold in California matched all numbers to win $204.5 million. The lack of winners has allowed the prize to snowball, drawing more attention and boosting ticket sales nationwide.

Powerball tickets are sold in 45 U.S. states, as well as the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Each ticket costs $2, and drawings are held three times a week—on Mondays, Wednesdays, and Saturdays at 11 p.m. Eastern Time.

According to Powerball officials, the odds of winning the jackpot are 1 in 292.2 million. This astronomical difficulty is why jackpots often roll over for weeks or even months.

Past Powerball records and history

The current prize pool might be massive, but it still falls short of the all-time record. The largest Powerball jackpot ever was a mind-blowing $2.04 billion, won by a single ticket sold in Altadena, California, in 2022. That win remains not just a Powerball record, but the largest lottery jackpot in U.S. history.

Since its first draw in 1992, Powerball has become synonymous with life-changing payouts and nationwide lottery fever. Each record-breaking jackpot fuels more public interest, creating a feedback loop that pushes the prize pool even higher.

How winners can claim and manage their Powerball payout

Winners of large jackpots must take several steps before receiving their payout:

• Validate the ticket through their state’s lottery office

• Decide on the payout method (lump sum vs. annuity)

• Consult legal and financial experts for asset protection and tax strategies

Most winners opt for the lump sum despite the tax hit, preferring immediate control over their earnings.

What to know before the next Powerball draw

With $815 million now on the line, excitement is surging. Experts recommend purchasing tickets early to avoid last-minute rushes. Players should also double-check their numbers after each draw—even non-jackpot prizes can range from $4 to $2 million.

The next drawing is scheduled for Wednesday, August 28, 2025, at 11:00 p.m. ET.

For your information:

What are the odds of winning the Powerball jackpot?
The odds of winning the grand prize are 1 in 292.2 million. However, smaller prizes are more common, with better odds for matching fewer numbers.

How does the Powerball annuity payout work?
The annuity option includes one immediate payment and 29 annual payments that increase by 5% each year. This offers financial security for three decades.

What states do not sell Powerball tickets?
Only Alabama, Alaska, Hawaii, Nevada, and Utah do not participate in Powerball. All other U.S. states and territories offer ticket sales.

When is the next Powerball drawing?
The next Powerball drawing is scheduled for Wednesday, August 28, 2025, at 11 p.m. ET.

What happens if no one wins the Powerball jackpot?
If there’s no jackpot winner, the prize rolls over and increases in value for the next drawing.

Can Powerball prizes be claimed anonymously?
Some states allow winners to remain anonymous, while others require public disclosure. Check local laws before claiming your prize.