When Is the Next Powerball Drawing and What Are the Odds of Winning?

The Powerball jackpot has soared to one of the largest in history. No tickets matched all numbers in the last two draws. The prize now stands at $1.8 billion. The next Powerball drawing is set for Saturday, September 6, 2025, at 9:12 p.m. MT / 10:12 p.m. CT.

The huge jackpot grew by more than $100 million in just one day. The winner can choose a lump sum payment of about $826.4 million before taxes. According to Reuters, this is the second biggest jackpot in Powerball history, just below the record $2 billion in November 2022.

Powerball Jackpot and Odds Explained

Powerball tickets cost $2 each. In Idaho and Montana, the minimum play is $3 with Power Play included. Tickets are sold in convenience stores, gas stations, and online in certain states. Digital purchases are available in states such as New Jersey, New York, and Oregon through official lottery couriers.

The odds of winning the jackpot are 1 in 292,201,338. Matching all five numbers without the Powerball wins $1 million. The odds there are 1 in 11,688,053. Smaller prizes range from $4 to $50,000, depending on the numbers matched. The overall chance of winning any prize is about 1 in 24.87. All odds are based on a $2 play.

The draw will be broadcast live, and numbers will be posted shortly after. Millions of players are expected to join in, hoping to claim the life-changing prize. With excitement building, ticket sales are surging nationwide.

What Players Need to Know Before the Draw

The current jackpot is the biggest since April 2024, when $1.326 billion was offered. It highlights the strong interest in multi-state lottery games. Players must buy tickets before the cut-off time, which varies by state. Most states stop sales about one to two hours before the draw.

Winners can claim the jackpot as a lump sum or as an annuity paid over 29 years. Tax rules apply at both federal and state levels. Experts often remind players that the lottery is a game of chance, and large prizes come with long odds. Still, the excitement of a historic jackpot keeps drawing people in.

The next Powerball drawing could make someone a billionaire overnight. Many will watch closely as the winning numbers are revealed.

FYI (keeping you in the loop)-

Q1: When is the next Powerball drawing?

The next drawing is Saturday, September 6, 2025, at 9:12 p.m. MT / 10:12 p.m. CT. Numbers will be posted soon after.

Q2: How much is the Powerball jackpot now?

The jackpot is $1.8 billion as of Friday, September 5. The lump sum option is about $826.4 million before taxes.

Q3: What are the odds of winning Powerball?

The odds of hitting the jackpot are 1 in 292,201,338. The odds of winning any prize are about 1 in 24.87.

Q4: Where can I buy Powerball tickets?

Tickets are sold at stores and gas stations in most states. Online sales are available in some states through official couriers.

Q5: What is the biggest Powerball jackpot ever?

The largest was $2 billion in November 2022. The current $1.8 billion jackpot is the second biggest in the game’s history.