What happens if no one wins again

The jackpot continues to roll over making the next prize even larger

How long do winners have to claim their prize

It depends on the state typically anywhere from 90 days to a year

Which option should a jackpot winner choose annuity or cash

It depends on individual goals Annuity provides longterm financial security the cash grants immediate access to funds

Powerball Jackpot Draw 27 August, 2025 Rises Upto $815M

Massive $815 Million Powerball Jackpot Up for Grabs Tonight

The Powerball jackpot has skyrocketed to an estimated $815 million for the next draw on Wednesday, August 27, after Monday night’s game failed to produce a grand prize winner. The draw marks the 38th consecutive Powerball game without a top-tier winner.

The winning numbers from Monday’s drawing were 16, 19, 34, 37, 64, with the Powerball numbered 22 and the Power Play® multiplier at 3×. Two players, from Georgia and Texas, matched all five white balls and each won $1 million.

Annuity or Lump Sum? What Winners Can Choose

If someone hits the jackpot tonight, they’ll have two prize options:

Annuity: The full $815 million paid in 30 installments over 29 years, increasing by 5% annually.
Cash Option: One-time payment of approximately $367.9 million, before taxes.

How This Ranks in Powerball History

This jackpot is now the 7th largest in Powerball’s history, behind massive drawings like:

$2.04 billion – Nov 7, 2022
$1.765 billion – Oct 11, 2023
$1.586 billion – Jan 13, 2016
$1.326 billion – April 6, 2024
$1.08 billion – July 19, 2023
$842.4 million – Jan 1, 2024
$815 million – Aug 27, 2025 (estimated)

Powerball product chair and Iowa Lottery CEO Matt Strawn remarked, “The excitement of playing for a colossal Powerball jackpot is back!”

Powerball Drawing Tonight’s Details

Next Drawing: Wednesday, August 27, at 10:59 p.m. ET
Ticket Price: $2 (or $3 with Power Play®)
Available In: 45 states, D.C., Puerto Rico, and U.S. Virgin Islands
Odds of Winning Jackpot: Approximately 1 in 292.2 million

Power Play & Double Play Explained

Power Play® (extra $1): Multiplies non-jackpot winnings by up to 10× (Match 5 always becomes $2 million)
Double Play® (optional add-on): Enter same numbers for a separate drawing and additional prize opportunities — for example, someone from Maryland won $500 K recently.

Powerball Estimated Jackpot for 08/27/2025: AP: $815 Million, CVO: $367.9 Million https://t.co/pOrxtkbVPb
— Texas Lottery (@TexasLottery) August 26, 2025