Powerball Jackpot for Tonight’s Drawing Is 10th Richest Ever
Posted on: August 25, 2025, 11:24h.
Last updated on: August 25, 2025, 11:30h.
- Monday night’s Powerball jackpot is $750 million
- The Powerball jackpot hasn’t hit since May 31
- Tonight’s prize is Powerball’s 10th-richest of all time
Powerball dates back to 1998 when the interstate lottery game debuted as Lotto America. Monday night’s drawing comes with the 10th-largest jackpot in the game’s 37-year history.
The Powerball jackpot has been rolling over all summer long. The trend continued on Saturday, August 23, as no ticket matched the winning numbers of 11, 14, 34, 47, 51, and the red Powerball 18.
Tonight’s drawing is the 37th since the jackpot last hit — a $204.5 million annuitized prize won by a single ticket in California on May 31.
The excitement of playing for a colossal Powerball jackpot is back,” said Matt Strawn, Powerball Product Group Chair and CEO of the Iowa Lottery. “It only takes one $2 Powerball ticket to win Monday’s jackpot, and a portion of that sale will go directly to supporting programs and services that benefit local communities.”
Powerball is played in 45 states, plus Washington, DC, Puerto Rico, and the US Virgin Islands. More than half of the price of each ticket stays in the jurisdiction where it is sold.
Since Lotto America became Powerball in 1992, the game has helped generate more than $36 billion for good causes supported by the game’s participating lotteries.
$750 Million Jackpot
The Powerball drawing for Monday, August 25, comes with an estimated jackpot of $750 million. The three quarters of a billion dollars ranks 10th on the all-time Powerball jackpots list.
The winner, should there only be one, will have the option of the full $750 million prize paid out over 30 years, or a one-time cash payment of roughly $338.6 million. Both amounts are before federal and possibly state taxes.
The cash option would be reduced to $213.36 million after federal taxes of 37%. Along with Puerto Rico, eight states don’t tax lottery winnings — California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. The worst places to win a lottery jackpot include New York, with a state tax of 10.9%, and New Jersey and DC, which both take a 10.75% cut.
Powerball tickets start at just $2 for a slim chance at overcoming the 1 in 292.2 million odds of winning the jackpot. An optional $1 Power Play is available in most participating Powerball jurisdictions that stands to multiply nonjackpot prizes by 2, 3, 4, 5, or 10 times.
Saturday Winners
No one won the Powerball jackpot on Saturday, but the draw still delivered some life-changing wins.
Two tickets, sold in Maine and New York, matched all five white numbers to win $1 million. Another ticket, sold in South Dakota, matched all five white numbers and had the Power Play to double their payout to $2 million.
Five tickets, with the Power Play, matched four white balls and the red Powerball to win $100K. Another 31 without the $1 add-on won $50,000 by matching four white balls and the Powerball.
More than one million tickets won by simply matching the Powerball. Of those, 236,650 doubled their prize to $8 by buying the Power Play.
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