Powerball jackpot nears $1 billion

How much could the winner receive?

stack of money stock photo (Volodymyr Shevchuk - stock.adobe)
By JoJo

The Powerball jackpot rolled over once again and is now approximately $950 million!

If one ticket wins the next drawing, the ticket holder(s) can pick between taking the $950 million prize spread over 30 annualized payments or a one-time lump sum cash payout of $428.9 million. Of course, taxes must be paid, but that is still a substantial sum to pocket!

Which would you choose?

The next draw for the Powerball jackpot will be Saturday night. If it rolls over again, this would become the first billion-dollar jackpot of 2025!

Powerball Jackpot Nears $1 Billion—Here’s How Much The Winner Could Take Home After Taxes

stack of money stock photo (Volodymyr Shevchuk - stock.adobe)

Money state income tax

Blue Bird Liquor sells Powerball tickets Powerball play tickets on display at Blue Bird Liquor in Hawthorne, CA, Tuesday, Oct. 10, 2023. Jay L. Clendenin / Los Angeles Times via Getty Images (Jay L. Clendenin/Los Angeles Times via Getty Imag)

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