The Powerball jackpot has climbed to an estimated $419 million for the upcoming draw on Monday, November 3, 2025. This increase comes after no ticket matched all six numbers in the previous draw, causing the top prize to roll over and grow. The size of this jackpot has captured attention across the U.S. as many players look ahead to the draw and the possibility of a life-changing win.
Powerball Jackpot Cash and Annuity Options
The Powerball jackpot winner will have two payout options for the $419 million prize: either an annuity or the cash value.
- The annuity option will pay $419 million over 30 annual payments, increasing each year.
- The cash option will pay the winner an estimated $198 million before taxes.
Winners need to realize that federal taxes will impact the final amount they will receive and, depending on the state, possible state taxes may also apply. The decision to choose between either option should take into consideration personal objectives.
Powerball Jackpot Odds and Prize Breakdown
Winning the Powerball jackpot is unlikely, but not impossible. The odds of winning with five white balls, plus matching the red Powerball, are 1 in 292.2 million. Below are the payout levels:
- Jackpot (Match 5 + Powerball) – $419 million (annuity)
- Match 5 (without Powerball) – $1 million
- Match 4 + Powerball – $50,000
- Match 4 (without Powerball) – $100
- Match 3 + Powerball – $100
- Match 3 (without Powerball) – $7
- Match 2 + Powerball – $7
- Match 1 + Powerball – $4
- Match Powerball only – $4
While the jackpot odds are very small, millions will win smaller prizes after every drawing and this prize structure keeps the game fun for regular players.
Where to Purchase Powerball Tickets
You can find Powerball tickets at grocery stores, gas stations, and local lottery retailers located in participating states.For those that want to play the lottery online, many states also allow players to purchase tickets using the state lottery's official website or mobile app. Just be sure to stick to reliable sites and never purchase from unknown sellers or sites. Once you buy a ticket, keep it safe and signed so that there are no worries once you have purchased it.
Powerball Old Jackpots
The Powerball Jackpot has seen many high amounts over the years. You can explore past jackpot figures to see how prizes have grown and rolled over in previous draws. This gives players an idea of the game’s history and the potential size of future jackpots.
Powerball Draw Schedule
The Powerball draw takes place three times a week on Monday, Wednesday, and Saturday at 10:59 p.m. ET. Draw results are available shortly after the draw takes place on the Powerball website, lottery apps and authorized retailers. Even if there is not a jackpot winner there could still be smaller prizes to win, so pay attention.
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Why This Jackpot Is So Exciting
Powerball jackpots always have a way of getting people talking about them all over the country, and this one is no different.When jackpots are over $200 million, players seem to have an excitement to them, and now that it is $419 million, there is no mistaking the excitement of it.Even if you do not hit the jackpot, there are plenty of other smaller prizes to be won — and along with the Power Play multiplier, you can multiply those winnings also.