Tags: powerball | lottery | jackpot

A Massive $1.4B Powerball Jackpot Is up for Grabs

A Massive $1.4B Powerball Jackpot Is up for Grabs
A woman waves her tickets for the $1.1 billion Powerball jackpot as people line up to buy theirs ahead of the Labor Day drawing at Bluebird Liquor Store in Hawthorne, California, on September 1, 2025. (Patrick T. Fallon/Getty Images)

Wednesday, 03 September 2025 10:28 AM EDT

An estimated $1.4 billion lottery jackpot will be up for grabs Wednesday night thanks to dozens of drawings without a big winner.

The massive Powerball prize is the sixth-largest U.S. lottery jackpot. It's a result of 40 consecutive drawings stretching over the summer without anyone matching all of the game's six numbers.

No one has won the grand prize since May 31, and the 41st drawing on Wednesday will be just one fewer than the record set last year.

All of that losing stems from Powerball's abysmal odds of 1 in 292.2 million, though lottery officials note that the odds are far better for the game's many smaller prizes. There are three drawings each week.

The $1.4 billion jackpot is for a winner who opts to receive 30 payments over 29 years through an annuity. Winners almost always choose the game's cash option, which for this drawing would be an estimated $634.3 million.

Powerball tickets cost $2, and the game is offered in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.


StreetTalk
An estimated $1.4 billion lottery jackpot will be up for grabs Wednesday night thanks to dozens of drawings without a big winner.
powerball, lottery, jackpot
175
2025-28-03
Wednesday, 03 September 2025 10:28 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved