91³Ô¹ÏÍø

Watch CBS News
U.S.

Powerball jackpot rises to estimated $1.3 billion for Wednesday after no tickets won Monday's $1.2 billion pot of gold

By
Kiki Intarasuwan
News Editor
Kiki Intarasuwan is a news editor for CBS News & Stations.
Read Full Bio
Kiki Intarasuwan

/ CBS News

Powerball's jackpot will be at least an estimated $1.3 billion for the next drawing on Wednesday night after no tickets sold for Monday's drawing came up winners. The cash value of Wednesday's pot of gold will be roughly $589 million.

The winning numbers for Powerball's estimated $1.2 billion Monday night jackpot — the game's fifth-largest ever at the time — were 8, 23, 25, 40, 53 with a Powerball of 5.

Wednesday's grand prize is now the one in the No. 5 spot and could well be in fourth place by the time Wednesday's balls come up: Jackpots rise as more and more tickets are sold as drawings approach and the current holder of fourth place is a $1.326 billion jackpot won in Oregon in April 2024.

That one was captured after a record 42 straight Powerball drawings with no winners. Wednesday's drawing will be Powerball's 41st since the jackpot was last won,  on May 31, 2025. That jackpot was an estimated $204.5 million and had a cash value of some $91.6 million. 

Wednesday's jackpot would also come in as the ninth largest winner among all U.S. lottery jackpot games, according to Powerball. 

There have been six jackpots of more than $1 billion in Powerball's 33-year history.

As things stand now, a single winner of Wednesday's jackpot would have a choice between a lump-sum payment of an estimated $589 million before taxes — the prize's cash value — or an annuity for approximately $1.30 billion that would be received in one immediate payment followed by 29 annual ones that increase by 5% each year, all also before taxes.

Four of the five previous billion-plus-jackpot-winning tickets were sold in California, including a single ticket sold in Altadena in 2022 that claimed a $2.04 billion jackpot, the largest in both Powerball and lottery history.

The next drawing, in the Florida Lottery studio in Tallahassee, will be on Wednesday at 10:59 p.m. ET. Tickets are $2 and are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

The odds of winning a Powerball jackpot are 1-in-292.2 million. 

Kierra Frazier contributed to this report.

In:

© 2025 91³Ô¹ÏÍø. All Rights Reserved.

View CBS News In
CBS News App Open
Chrome Safari Continue
const link = doc.createElement('link'); link.rel = 'stylesheet'; link.href = '/fly/fly/bundles/cbsnewscontent/css/cmp-banner.min.css?v=50747257b890e014813016b79ece0fb2'; doc.head.appendChild(link); doc.body.innerHTML = CONSENT_MESSAGE; } else { el.insertAdjacentHTML('afterend', CONSENT_MESSAGE); } }); } function hidePrivacyMessage() { // Remove from the main document document.querySelectorAll(`.${CONSENT_MESSAGE_CLASS}`).forEach(el => el.remove()); // Remove from inside any iframes document.querySelectorAll('iframe').forEach(iframe => { const doc = iframe.contentDocument || iframe.contentWindow.document; doc.querySelectorAll(`.${CONSENT_MESSAGE_CLASS}`).forEach(el => el.remove()); }); } function activateGatedScripts() { // Handle both new format (cmp-gated-script) and old OneTrust/Ketch format (optanon-category-4) const gatedScripts = Array.from(document.querySelectorAll('script.cmp-gated-script, script.optanon-category-4')); // Activate scripts sequentially with a small delay to avoid timing issues let delay = 0; gatedScripts.forEach(function(placeholder, index) { setTimeout(function() { // Skip if already processed if (placeholder.hasAttribute('data-cmp-processed')) { return; } placeholder.setAttribute('data-cmp-processed', 'true'); const newScript = document.createElement('script'); newScript.type = 'text/javascript'; // Try new format first (data-cmp-src), then fall back to old format (data-src) const src = placeholder.getAttribute('data-cmp-src') || placeholder.getAttribute('data-src'); if (src) { newScript.src = src; } else if (placeholder.textContent) { // Inline script - just copy the content newScript.textContent = placeholder.textContent; } // Handle new format attributes (data-cmp-attrs) - for both inline and external scripts const attrs = placeholder.getAttribute('data-cmp-attrs'); if (attrs) { const tempDiv = document.createElement('div'); tempDiv.innerHTML = '
<\/div>'; const tempAttrs = tempDiv.firstChild.attributes; for (let i = 0; i < tempAttrs.length; i++) { // For external scripts, allow defer/async. For inline scripts, skip them (not valid) if (src || (tempAttrs[i].name !== 'async' && tempAttrs[i].name !== 'defer')) { newScript.setAttribute(tempAttrs[i].name, tempAttrs[i].value); } } } // Copy other attributes from old OneTrust format for (let i = 0; i < placeholder.attributes.length; i++) { const attr = placeholder.attributes[i]; // Skip attributes we've already handled or don't want to copy if (!['class', 'data-src', 'data-type', 'data-cmp-src', 'data-cmp-attrs', 'data-cmp-processed', 'type', 'async', 'defer', 'src'].includes(attr.name)) { newScript.setAttribute(attr.name, attr.value); } } placeholder.parentNode.replaceChild(newScript, placeholder); // If external script, manually trigger window.onload handlers after it loads // This handles widgets that use window.onload for initialization if (src) { newScript.addEventListener('load', function() { // If page already loaded and script set a new onload handler, trigger it if (document.readyState === 'complete' && window.onload) { const originalOnload = window.onload; window.onload = null; // Clear temporarily to prevent loops originalOnload(); // Execute the handler } }); } }, delay); delay += 500; // 500ms delay between each script to allow full loading }); } cbsoptanon.onScriptsReady(function(cmp) { cmp.ot.targetingAllowed(function(allowed) { if (!allowed) { showPrivacyMessage(); } else { activateGatedScripts(); } }); cmp.ot.awaitInitialConsent(function(consent_model) { cmp.ot.addOnConsentChangedHandler(function() { cmp.ot.targetingAllowed(function(allowed) { if (allowed) { hidePrivacyMessage(); activateGatedScripts(); } else { showPrivacyMessage(); } }); }); }); });