Powerball Jackpot Rolls Over to $1 Billion, Creating the Biggest Prize of the Year

The Powerball draw on the evening of August 10 in the United States did not produce any jackpot winners. After recalculating the final sales figures, the official announcement on August 11 revealed that the jackpot for the evening of August 12 has been raised from the initial estimate of $975 million to $1 billion, with a cash option of approximately $433.1 million.

This marks the largest lottery jackpot in the United States so far in 2026 and the 8th largest jackpot in Powerball history.

The numbers drawn on the evening of August 10 were 6, 37, 54, 55, 64, with the red Powerball number being 10 and a Power Play multiplier of 3. No ticket matched all six numbers, leading to the continuous accumulation of the jackpot.

However, several players still won significant prizes. A ticket each from California and Maryland matched all 5 white balls to win $1 million each. Additionally, a Tennessee ticket with the Power Play option also matched 5 white balls, increasing the prize to $2 million.

The last time the Powerball jackpot was won was on May 2, 2026, when tickets from Florida and Texas split a $20 million jackpot. Since then, the jackpot has been steadily growing to reach $1 billion.

The Powerball draw for Wednesday will take place at 10:59 PM Eastern Time. If there are no jackpot winners again, the prize money will continue to grow.

Each Powerball ticket costs $2. Players must choose 5 white ball numbers from 1 to 69 and 1 red Powerball number from 1 to 26. The odds of winning the jackpot are approximately 1 in 292.2 million, while the overall odds of winning any prize are about 1 in 24.9.

Winners can choose to receive their prize as a lump sum or opt for an annuity. The annuity amount equals the published jackpot amount and is paid out in 30 installments over 29 years, with a 5% increase in subsequent payments each year. Both amounts are pre-tax figures.

Powerball tickets are currently sold in 45 states in the U.S., Washington D.C., Puerto Rico, the U.S. Virgin Islands, and the UK. The UK market joined Powerball on July 21, 2026, marking the game’s first expansion into sales outside the U.S.

With the jackpot for Wednesday now standing at $1 billion, here are the top 10 largest Powerball jackpots and the states where they were won:

1. $20.4 billion – November 7, 2022, California;
2. $18.17 billion – December 24, 2025, Arkansas;
3. $17.87 billion – September 6, 2025, Missouri, Texas;
4. $17.65 billion – October 11, 2023, California;
5. $15.86 billion – January 13, 2016, California, Florida, Tennessee;
6. $13.26 billion – April 6, 2024, Oregon;
7. $10.8 billion – July 19, 2023, California;
8. $1 billion (estimated) – August 12, 2026, pending draw;
9. $8.424 billion – January 1, 2024, Michigan;
10. $7.684 billion – March 27, 2019, Wisconsin.