Powerball Drawing Expected for $1.8 Billion Jackpot

The Powerball drawing on Saturday, September 6, will determine if a new billionaire is crowned with an estimated jackpot of $1.8 billion, the second-largest in U.S. lottery history after a $2.04 billion prize in 2022. The jackpot has grown after more than 40 consecutive drawings without a winner, with tickets costing $2 and available in 45 states plus Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. Winners can opt for a 30-payment annuity over 29 years or a cash lump sum estimated at $826.4 million, which is the more popular choice. The odds of winning remain extremely low at 1 in 292.2 million, designed to generate massive jackpots and excitement nationwide. The drawing will be broadcast live at 10:59 p.m. ET from Florida, with ticket sales closing one to two hours prior depending on the state. If no winner emerges, the jackpot will roll over, potentially increasing further for the next drawing.