The Powerball jackpot reached an estimated $905 million for a drawing scheduled for Monday, August 10. The prize represents the largest Powerball jackpot of 2026 and the eighth largest in the game's history, according to the Multi-State Lottery Association.
The jackpot has been growing since May 2, when two tickets sold in Florida and Texas split a $20 million prize. Since that date, there have been no grand prize winners. While the jackpot remained unclaimed through the previous Saturday drawing, four tickets matched all five white balls to win $1 million each.
The estimated $905 million prize applies to winners who select an annuity paid over 30 years. For winners who choose a single lump-sum payment, the estimated cash value is $391.9 million. Powerball tickets cost $2 per play and are sold in 45 U.S. states, Washington, D.C., Puerto Rico, the U.S. Virgin Islands, and recently the United Kingdom.
The expansion of ticket sales to the United Kingdom last month introduced a new group of participants, though U.K. players are subject to different rules for lower-tier prizes. While U.K. tickets contribute to the overall jackpot pool, the day-to-day experience for those international players differs from U.S. players due to the distinct prize structure for non-jackpot wins. For U.S. states that participate, lottery revenues typically fund specific state-level programs, though the source does not detail the exact allocation of funds from this specific $905 million pool.
If the Monday night drawing does not result in a jackpot winner, the prize will continue to increase for the next scheduled drawings on Wednesday and Saturday. This cycle continues until a player matches all required numbers, as occurred during the record $2.04 billion win in California in November 2022. The results of the Monday night drawing will determine whether the jackpot resets to its starting amount or continues to climb toward higher historical rankings.