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Powerball Jackpot Reaches $1.2 Billion

Powerball Jackpot Reaches $1.2 Billion

The third-largest jackpot in Powerball history will be on offer in Wednesday night’s drawing, after it rolled over again on Monday. The estimated annuity value of the grand prize currently stands at $1.2 billion.

It has been two and a half months since the jackpot was last won, dating back to the $1.079 billion payout that went to a Californian player on July 19.

There has been a steady rise over the past few weeks, and the jackpot topped $1 billion again on Monday night. This made it the first time in Powerball history that the grand prize had reached 10 figures twice in a row, following the big win in July.

The winning numbers for Monday were 12, 26, 27, 43 and 47, with a Powerball of 5. More than 2.7 million prizes were won, including two payouts of $1 million (to players in Delaware and Michigan). Another two ticket holders - from New York and South Carolina - also matched all five main numbers without the Powerball, but they had added the Power Play option so their prize was doubled to $2 million.

Go to the Powerball Numbers page to see more draw information, including all the payouts. Pick your state to find out how many winners there were in your location.

If anyone had matched all the numbers, they would have been rewarded with $1.066 billion and become the fourth-biggest winner of all time. Instead, the jackpot is now into the top three. The advertised $1.2 billion has a cash value of $551.7 million.

Powerball jackpots are subject to federal and state taxes, so the final take-home amount may be much lower, but the winner will still have wealth beyond their wildest dreams. You can use the Tax Calculator to discover how much of the money you would get your hands on.

If the jackpot rolls again on Wednesday, it will move closer towards the record for the biggest lottery prize ever. For several years, this belonged to the three winners who split a $1.586 billion jackpot in January 2016.

This record was broken in November 2022 when the jackpot powered past $2 billion before eventually being won by Edwin Castro of Altadena in California. Find out more about Powerball’s Biggest Winners.

It is shaping up to be one of the most exciting weeks in Powerball history, so make sure to get involved now and then check the numbers afterwards to find out if you have won a prize.

Page Last Updated: 10/3/2023 5:57:31 AM ET