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Powerball Jackpot Soars to $905 Million Ahead of Drawing

No winners emerged from the last drawing, raising excitement for Monday's estimated prize

Category: Business

The Powerball jackpot has surged to an estimated $905 million for the upcoming drawing on Monday, August 10, 2026. This marks a substantial increase from the previous drawing, where no one won the top prize of $864 million.

Why it matters: The growing jackpot has captured the attention of millions, with players eager for a chance at life-changing winnings. This is the largest Powerball jackpot since a record $1.817 billion was won in Arkansas on Christmas Eve 2025.

  • The current estimated cash value for the jackpot is $391.9 million for those opting for a lump-sum payment.
  • The odds of winning the Powerball jackpot remain extremely low, at 1 in 292.2 million.
  • Powerball drawings occur every Monday, Wednesday, and Saturday at 10:59 p.m. ET, allowing frequent opportunities for players.

Driving the news: No one matched all the winning numbers in the last drawing held on Saturday, August 8, 2026. The numbers drawn were 5, 9, 35, 54, 63, with the Powerball being 7. The absence of a jackpot winner contributed to the massive prize increase.

  • Four tickets matched all five white balls, earning $1 million each; one of these winning tickets was sold in New York.
  • A ticket that matched all five white balls and the Power Play was sold in Texas, worth $2 million.
  • The Power Play multiplier for the last drawing was 3x, adding additional excitement for non-jackpot winners.

State of play: The Powerball game is played across 45 U.S. states, along with Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. Each player selects five numbers from a pool of 1 to 69 and one Powerball number from 1 to 26.

  • Powerball tickets are priced at $2 per play, with an optional Power Play feature available for an extra $1.
  • The game has seen increased ticket sales as jackpots rise, attracting more players eager for a chance at the big prize.
  • In 2026, the Powerball jackpot was last won on May 2, when two tickets from Florida and Texas split a $20 million prize.

The big picture: The current jackpot of $905 million places it among the largest in Powerball history. The record remains a staggering $2.040 billion won on November 7, 2022, in California.

  • Following the Christmas Eve 2025 win of $1.817 billion, this jackpot is the second-largest ever offered.
  • As excitement builds, more players are expected to participate in the upcoming drawing, potentially leading to even larger jackpots in the future.
  • The expansion of Powerball to include players from the U.K. is anticipated to drive ticket sales and increase jackpot sizes.

What they're saying: Lottery officials have noted that the expanded player base allows for quicker jackpot growth, which may encourage more participation.

  • "The odds of winning are the same for U.S. and U.K. players, but the larger player pool can lead to faster jackpot increases," a lottery spokesperson said.
  • Experts suggest that the thrill of large jackpots can lead to increased spending on tickets, especially as jackpots reach record levels.

What's next: The next Powerball drawing is scheduled for 10:59 p.m. ET on Monday, August 10, 2026. Players across the country will follow closely closely as the numbers are drawn, hoping to become the next big winner.

  • Tickets for the drawing can be purchased until shortly before the drawing time, giving last-minute players a chance to join in.
  • For those looking to check their winning numbers, results can be found on the official Powerball website and state lottery sites.
  • As the jackpot continues to grow, the anticipation surrounding the drawing will likely bring in even more players hoping for a shot at the life-changing prize.

The excitement surrounding the Powerball jackpot is building, with millions of hopefuls ready to tune in for the drawing. The stakes are high, and the potential rewards are even higher.