When Is the Billion Dollar Powerball Drawing? Labor Day Jackpot Reaches $1.1 Billion

The next Powerball drawing is set for Monday, September 2, 2025, at 10:59 p.m. ET.

It comes with a jackpot of $1.1 billion, now ranked as the fifth largest in Powerball history.

This huge prize has sparked national excitement heading into the Labor Day holiday.

Labor Day Drawing Offers $1.1 Billion Jackpot

The Powerball jackpot rose to $1.1 billion after no ticket matched all numbers in Saturday’s drawing. This marks the 40th consecutive drawing without a grand prize winner since May 31.

The cash option for Monday’s draw stands at $498.4 million before taxes. Winners can choose between a lump sum or 30 annual payments with a 5% increase each year.

Saturday’s numbers were: 3, 18, 22, 27, 33, with a Powerball of 17 and a Power Play multiplier of 3.

Nine lucky players won $1 million each by matching all five white balls. They were from California (4), Connecticut, Florida, Illinois, Massachusetts, and Pennsylvania. Another three winners in Colorado, Indiana, and New Hampshire doubled their prize to $2 million using the Power Play option.

According to the Associated Press, Monday’s drawing could set the tone for a record-breaking September.

Powerball History and Record Jackpots

This Labor Day jackpot follows a string of historic Powerball wins. The biggest ever was $2.04 billion, won in California in November 2022. Other top prizes include:

$1.765 billion in October 2023 (California)

$1.586 billion in January 2016 (CA, FL, TN)

$1.326 billion in April 2024 (Oregon)

$1.08 billion in July 2023 (California)

Tickets cost $2 and are sold in 45 states, D.C., Puerto Rico, and the U.S. Virgin Islands. The odds of winning the jackpot are 1 in 292.2 million, while the odds of winning any prize are 1 in 24.9.

Drawings are broadcast live from Tallahassee, Florida, and streamed on Powerball.com.

What to Know Before You Play Powerball

To play, choose five numbers from 1 to 69 and one Powerball number from 1 to 26. For an extra $1, players can add the Power Play feature, which multiplies non-jackpot prizes up to 10 times.

Powerball draws take place every Monday, Wednesday, and Saturday at 10:59 p.m. ET. All sales stop 1 to 2 hours before the draw, depending on state rules.

Players must be 18 or older in most states, though some have different minimum age limits.

All winnings are subject to federal and state taxes. Consult with a financial advisor before claiming large prizes.

The next Powerball drawing is this Labor Day, September 2. Don’t miss your chance at $1.1 billion. Play responsibly, and good luck!

FYI (keeping you in the loop)-

Q1: When is the billion dollar Powerball drawing?

The drawing is on Monday, September 2, 2025, at 10:59 p.m. ET.

Q2: How much is the Powerball jackpot for Labor Day?

The jackpot is $1.1 billion with a cash option of $498.4 million before taxes.

Q3: What are the odds of winning Powerball?

The odds of winning the jackpot are 1 in 292.2 million. Odds for any prize are 1 in 24.9.

Q4: How often are Powerball drawings held?

Drawings are held three times a week: Monday, Wednesday, and Saturday at 10:59 p.m. ET.

Q5: What’s the largest Powerball jackpot ever?

The biggest Powerball jackpot was $2.04 billion, won in California in November 2022.