The Powerball jackpot has climbed to an estimated $707 million ahead of the Saturday, August 1 drawing, making it one of the biggest lottery prizes of the year. Winners can also choose a cash option worth approximately $307.3 million before taxes.
The jackpot has been growing for nearly three months after no ticket matched all six numbers in recent drawings. As excitement builds, millions of players across the United States—and now the United Kingdom—are hoping to land the life-changing prize.
Why Is the Powerball Jackpot So High?
The jackpot continues to increase because no one has claimed the top prize since May 2. On that date, winning tickets sold in Texas and Florida shared a $20 million jackpot.
Every time the jackpot goes unclaimed, the prize money rolls over into the next drawing. After weeks of rollovers, the jackpot has now reached an impressive $707 million, attracting even more ticket buyers.
When Is the Next Powerball Drawing?
The next Powerball drawing is scheduled for Saturday, August 1, at approximately 11:00 p.m. ET.
If the jackpot is not won, the following drawing will take place on Monday, August 3, at around 10:59 p.m. ET.
Powerball drawings are held three times every week:
- Monday
- Wednesday
- Saturday
Players can watch the live drawing on the official Powerball website or catch replay clips on the game's YouTube channel.
How to Play Powerball
Playing Powerball is simple.
Each ticket costs $2, and players must choose:
- Five white ball numbers from 1 to 69
- One red Powerball number from 1 to 26
Players who prefer not to pick their own numbers can choose the Quick Pick option, allowing the computer to generate random numbers.
For an additional $1, players can add the Power Play feature, which multiplies most non-jackpot prizes by 2X, 3X, 4X, 5X, or 10X. The jackpot itself is not affected by the Power Play option.
To win the jackpot, all five white balls and the red Powerball must match the winning numbers.
Can Non-U.S. Citizens Play Powerball?
Yes. You do not need to be a U.S. citizen or permanent resident to play Powerball.
Anyone who is legally old enough to purchase lottery tickets can buy one from an authorized retailer while visiting one of the participating jurisdictions, including 45 U.S. states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
The minimum legal age is generally 18 years, although it may vary depending on local laws.
Powerball Expands to the United Kingdom
Powerball has recently expanded into the United Kingdom, marking one of the biggest changes in the game's history.
For the first time, players in the U.K. can enter drawings for the same growing jackpot as U.S. participants. However, there are a few important differences.
Tickets in the U.K. cost £4, which is higher than the $2 ticket price in the United States. While both countries compete for the same jackpot, lower-tier prize structures differ.
Another key difference is how jackpot winnings are paid. U.S. winners can choose between a lump-sum cash payment or 30 annual installments. In the U.K., jackpot winners receive their prize through annual payments over 30 years under the U.K. National Lottery system.
Biggest Powerball Jackpots Ever Won
The current $707 million Powerball jackpot is substantial, but it still falls short of the largest prizes in the game's history.
The biggest Powerball jackpot ever won was $2.04 billion in California in November 2022. Other billion-dollar jackpots have also been claimed in Arkansas, Missouri, Texas, California, Oregon, and several other states over the past few years.
With no winner in recent drawings, the jackpot could continue climbing if Saturday night's numbers go unmatched.
For anyone planning to play, remember that Powerball is a game of chance. While the massive jackpot is exciting, the odds of winning the grand prize remain extremely low. Play responsibly and only spend what you can afford to lose.
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