Powerball jackpot reaches $815 million – NBC New York

The Powerball jackpot has leaped to $815 million after there have been no massive grand prize winners in Monday’s drawing. The jackpot is the seventh largest within the sport’s historical past.

Monday’s successful numbers are 16, 19, 34, 37, 64 with a pink Powerball of twenty-two and a PowerPlay multiplier of three. That netted two $1 million winners in Georgia and Texas.

The $815 million jackpot is for an annuity possibility, paid over 30 years. Winners nearly all the time go for the lump-sum money prize, which for Powerball could be $3679 million money.

The prize is topic to taxes, which incorporates an computerized withholding tax of 24% levied towards the winnings, and one other 13% in federal taxes whenever you file your 2025 return.

There are additionally state taxes in some jurisdictions, which vary from 2.9% to 10.9% relying on the state you reside in. However if you happen to’re fortunate sufficient to dwell in California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you will not pay taxes in your winnings.

The subsequent Powerball drawing is on Wednesday, Aug. 27, 2025.

Nobody has gained Powerball’s jackpot since Might 31, 2025, a stretch of 38 consecutive drawings with out anybody matching the sport’s six numbers. Earlier than that, the jackpot was hit eleven instances, nevertheless, the winnings had been all below $600 million.

Wednesday’s $815 million prize is critical — marking the seventh largest in Powerball historical past — however would not crack the highest 10 of the most important lottery jackpots within the U.S. when together with Mega Thousands and thousands.

The most important lottery jackpot in U.S. historical past stands at $2.04 billion and was gained by a single Powerball ticket in California on Nov. 7, 2022. The winner, Edwin Castro, got here ahead in early 2023 after months of hypothesis.

The rationale for the jackpot drought is easy: The chances of successful the highest prize are depressing, at 1 in 292.2 million. It is these odds that create the massive jackpots which are designed to draw consideration and drive up gross sales.

Powerball is performed in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Drawings are held at 10:59 p.m. EST on the Florida Lottery studio in Tallahassee.

“The lesson didn’t actually go in response to plan.” Math professor Nicholas Kapoor purchased a Powerball ticket to exhibit how inconceivable it’s to win the lottery – after which he gained $100,000. Right here’s what he desires you to find out about taking part in the Powerball.