How to play Powerball? Jackpot soars to $526 million for August 13 draw
The Powerball ticket purchase deadline varies by state, so one shouldn't wait until the last minute. In New Jersey, sales close at 9:59PM on the day of the drawing, while in New York, the cutoff is 10PM. (Image Credit: X)
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
The Powerball jackpot has soared to an estimated $526 million, with a cash option of $241 million, ahead of Wednesday night's (August 13) drawing. Powerball drawings are held three times a week - Monday, Wednesday, and Saturday at 10:59PM ET - with the Monday drawing added in 2021 to give players more opportunities to win.The Powerball ticket purchase deadline varies by state, so one shouldn't wait until the last minute. In New Jersey, sales close at 9:59PM on the day of the drawing, while in New York, the cutoff is 10PM.Powerball tickets cost $2 each, with an optional Power Play for an additional $1, which can multiply non-jackpot prizes by up to 5x (except for the jackpot and Match 5), and up to 10x if the jackpot is under $150 million.Each player chooses five numbers from 1 to 69 for the white balls and one number from 1 to 26 for the red Powerball. A quick pick option is also available by the lottery machine which randomly generates numbers.Prizes range from $4 for matching only the Powerball to $1 million for matching all five white balls (except in California), and the jackpot for matching all six numbers.Powerball is available in 45 states, along with Washington, DC, Puerto Rico, and the US Virgin Islands, making it one of the most widely played lottery games in the United States.Powerball tickets can be bought in person at gas stations, convenience stores, grocery stores, and some airport terminals.Alternatively, tickets can be purchased online through the Jackpocket app in select states: Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, Washington DC, and West Virginia.The Jackpocket app lets players choose their game and numbers, place orders, view tickets, and collect winnings directly from their phone or home computer, providing a convenient digital alternative to in-person purchases.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
4 hours ago
- Economic Times
Powerball Jackpot hits $565 million for August 16 drawing; Check winning numbers here
Synopsis The Powerball jackpot has surged to $565 million for the drawing on Saturday, August 16, 2025, after no one matched all the numbers on Wednesday. Four Powerball jackpots have already been won in 2025, with winners in Oregon, Kentucky and California. The next drawing is scheduled for Monday, August 18, offering players another chance to win. The Powerball jackpot increased to $565 million for the Saturday (August 16, 2025) The Powerball jackpot increased to $565 million for the Saturday (August 16, 2025) drawing after no one bagged the top prize on Wednesday (August 13, 2025). The person who matches all five numbers and the Powerball can choose a one-time cash payment of $255.3 far in 2025, there have been four Powerball jackpot winners. The most recent was on May 31, when a person in California won the $204.5 million prize, according to media reports. The other three jackpot winners emerged in January, March, and April 2025, respectively. According to USA Today, a player in Oregon had the first jackpot-winning Powerball ticket of 2025, garnering $328.5 million on January 18, 2025. On March 29, a second Powerball jackpot winner matched all six numbers and took home $527 million. Then, on April 26, a third winner from Kentucky claimed the $167.3 million winning numbers for Saturday, August 16, 2025, are 23-40-49-65-69, and the Powerball is 23. If anyone wins the Powerball lottery, the names of the winners will be announced by lottery next drawing will take place on Monday, Aug. 18, just after 11 p.m. ET. For those who want to play the Powerball, they have to purchase a ticket for $2. The ticket can be bought from several locations, and they are also available online. The places from where tickets can be bought include local convenience stores, gas stations, or grocery stores. In some states, Powerball tickets can be bought buying the ticket, the person needs to pick six numbers. Five of them will be white balls with numbers from 1 to 69. The red Powerball ranges from 1 to 26. People can also add a 'Power Play' for $1, which increases the winning for all non-jackpot prizes.
Time of India
4 hours ago
- Time of India
Powerball Jackpot hits $565 million for August 16 drawing; Check winning numbers here
Powerball winning numbers for 16 August 2025 Live Events Did anyone win the Powerball When is the next Powerball drawing How to play the Powerball (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Powerball jackpot increased to $565 million for the Saturday (August 16, 2025) drawing after no one bagged the top prize on Wednesday (August 13, 2025). The person who matches all five numbers and the Powerball can choose a one-time cash payment of $255.3 far in 2025, there have been four Powerball jackpot winners. The most recent was on May 31, when a person in California won the $204.5 million prize, according to media reports. The other three jackpot winners emerged in January, March, and April 2025, to USA Today, a player in Oregon had the first jackpot-winning Powerball ticket of 2025, garnering $328.5 million on January 18, 2025. On March 29, a second Powerball jackpot winner matched all six numbers and took home $527 million. Then, on April 26, a third winner from Kentucky claimed the $167.3 million winning numbers for Saturday, August 16, 2025, are 23-40-49-65-69, and the Powerball is anyone wins the Powerball lottery, the names of the winners will be announced by lottery next drawing will take place on Monday, Aug. 18, just after 11 p.m. those who want to play the Powerball, they have to purchase a ticket for $2. The ticket can be bought from several locations, and they are also available online. The places from where tickets can be bought include local convenience stores, gas stations, or grocery stores. In some states, Powerball tickets can be bought buying the ticket, the person needs to pick six numbers. Five of them will be white balls with numbers from 1 to 69. The red Powerball ranges from 1 to 26. People can also add a 'Power Play' for $1, which increases the winning for all non-jackpot prizes.
Time of India
3 days ago
- Time of India
Powerball Numbers: Jackpot climbs to $565 Million, next draw date and post-tax payout revealed
The Powerball jackpot has surged to an estimated $565 million ahead of Saturday night's draw, marking the largest lottery prize of the year so far. The prize has crossed the half-billion-dollar mark after weeks without a jackpot winner, generating heightened anticipation among players nationwide. The winning numbers in Wednesday's draw were 4, 11, 40, 44, 50, and the red Powerball 4. No ticket matched all six numbers, pushing the top prize higher for the upcoming draw. Two Payout Options for the Powerball Winner If a Powerball winner emerges in the next draw, they will be faced with two payment options: by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This new air conditioner cools down a room in just seconds News of the Discovery Undo Annuity option: $565 million spread over 30 annual installments. Cash option: A one-time lump sum estimated at $258.8 million. Historically, most winners opt for the cash payout, which offers immediate access to the prize but at a reduced amount after taxes. Tax Deductions on Lump Sum Payout If the lump sum route is chosen, the mandatory 24% federal tax withholding would immediately reduce the $258.8 million payout to about $196.7 million. Live Events The Internal Revenue Service (IRS) could then impose a federal marginal tax rate as high as 37%, depending on the winner's taxable income, cutting the amount further to an estimated $163 million. Impact of State Taxes The winner's state of residence will also influence their final take-home amount. Some states, such as New York, impose additional taxes on lottery winnings at rates as high as 10.9%. Others, including Texas, Florida, and California, do not levy state income taxes on lottery prizes. For winners in high-tax states, the final payout could shrink substantially. In low- or no-tax states, the post-tax amount will remain closer to the federal-adjusted figure. Annuity Payments and Tax Implications If the annuity option is chosen, the winner would receive around $18.8 million annually before taxes. At a 37% top federal rate, the annual payment could drop to approximately $11.8 million. State taxes, if applicable, would reduce this amount further. While the annuity offers long-term security and the full advertised jackpot over time, the cash option remains more popular among winners seeking immediate access to funds. Next Draws: Powerball and Mega Millions The next Powerball jackpot draw is scheduled for Saturday night. A day earlier, the Mega Millions lottery will hold a draw for a $198 million jackpot. Odds of Winning Remain Extremely Low The likelihood of hitting the Powerball jackpot is 1 in 292.2 million, marginally worse than the Mega Millions jackpot odds of 1 in 290.4 million. Earlier this year, Mega Millions adjusted its format, slightly improving the odds for both the jackpot and smaller prizes. Record-Breaking Background The current jackpot surpasses the $526.5 million Powerball prize claimed in California in March. The largest Mega Millions jackpot in 2025 was $349 million, won by an Illinois resident, also in March. Last year's biggest lottery prize was a $1.326 billion Powerball jackpot, claimed by a ticket buyer in Oregon. FAQs How much would the Powerball winner take home after taxes if they choose the lump sum? If the winner takes the $258.8 million lump sum, federal taxes would reduce it to about $163 million. Additional state taxes may further lower the amount. What are the odds of winning the Powerball jackpot? The odds of winning the jackpot are approximately 1 in 292.2 million.
