Powerball Jackpot Surges to Over $700 Million Amid No Recent Winners
TL;DR Summary
The Powerball jackpot has increased to $700 million after no winner was found in the latest draw, but the actual take-home amount for a winner will be significantly less due to federal and possibly state taxes, with options for a lump sum of around $240 million or annual payments totaling $700 million over 30 years. The odds of winning are 1 in 292.2 million, making it a highly unlikely but life-changing event.
- Powerball Jackpot Rises To $700 Million—Here’s How Much The Winner Could Take Home After Taxes Forbes
- Powerball jackpot reaches $700 million after no big winners from Wednesday night's drawing WPBF
- Powerball winning numbers for Aug. 20 drawing: $650 million jackpot USA Today
- Mega Millions numbers for Tuesday, Aug. 19, 2025: No jackpot winner Detroit Free Press
- Powerball jackpot climbs to estimated $643 million CNN
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