$1.55 BILLION: Powerball continues historic jackpot climb

Oct 8, 2023, 12:29 am (62 comments)


4th-largest lottery jackpot in world history set for Monday drawing

By Todd Northrop

Following the massive Powerball drawing worth $1.43 billion Saturday night, get ready to head back to your local lottery retailer, because things have gotten even more interesting.

That's because nobody won that Powerball lottery jackpot Saturday night, sending the Monday jackpot to heights only seen three times previously in world lottery history.

Monday's Powerball jackpot is currently estimated at $1.55 billion, with a lump-sum cash value of $679.8 million. And based on past multi-state lottery jackpots, that estimate may get bigger by the time the drawing kicks off Monday night.

To get to this size, the jackpot has been growing since it started on July 22 as a $20 million prize — now 34 consecutive drawings without a winner.

Monday's $1.55 billion Powerball jackpot is the 3rd-largest in the game's history, and the 4th-largest lottery jackpot in world history.

The lump-sum cash value of $679.8 million is the 8th-largest on the all-time lottery jackpot cash value rankings (see full list below).

Lottery players dreaming what all the cash will look like in their bank account after federal and state taxes are taken out can see an after-tax analysis of the current Powerball jackpot by visiting USA Mega's Powerball Jackpot Analysis page. Rather than simply showing the initial withholdings a lottery winner would face like other "copy cat" websites, the Jackpot Analysis page also includes the additional taxes that will be due after the initial withholdings, and will even allow players to see the taxes due under different filing statuses.

The rush of ticket sales over the next few days likely will propel the jackpot to an even higher amount before the drawing takes place Monday. Lottery Post and USA Mega will update the jackpot tallies displayed if such an increase occurs.

The largest Powerball jackpot ever awarded was on Nov. 7, 2022, when one ticket sold in California won a $2 billion grand prize.  The incredibly lucky winner was Edwin Castro, who claimed the prize in February of 2023, providing minimal public information about himself.  What little is known about Castro comes from public filings, and includes the purchases of houses onetwo, and three, as well as being the subject of dubious lawsuits that are unfortunately predictable these days.

Players looking for a nearby lottery retailer — or that out-of-the-way retailer with a smaller line — are encouraged to use Lottery Places, the only app for iOS, Android, and Windows that can locate the nearest lottery retailers in every jurisdiction that sells Powerball and Mega Millions. The helpful app can locate lottery stores in the United States, the United Kingdom, Mexico, much of Canada, and the Caribbean.

Some states offer direct online sales, allowing players to bypass the store and purchase tickets from home. Players can see if they can play Powerball online by tapping the link. Depending on the physical location of the person, the link will either provide access via a licensed butler service or the official state lottery itself.

Butler services provide scanned copies of the purchased lottery tickets securely held on behalf of the customer. In the past, such lottery ticket services were used by people out side the USA to win big jackpots in Oregon and Florida.

The quickest way to find the winning numbers after the drawing Monday will be by visiting USA Mega (www.usamega.com) at 10:59 pm Eastern Time (7:59 pm Pacific), when the winning numbers will be published live as they are drawn.

In Saturday night's Powerball drawing, there was no jackpot winner, but 12 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from California, 1 from Iowa, 1 from Kansas, 1 from Louisiana, 1 from Maine, 2 from Massachusetts, 1 from Michigan, 1 from Ohio, 2 from Texas, and 1 from Wisconsin.

The California second-prize winner will be awarded $1,311,695 instead of the fixed $1 million prize awarded in the other states. By law, California awards all lottery prizes on a pari-mutuel basis, meaning the prizes will change each drawing based on the number of tickets sold within California and the number of tickets that won at each prize level in the state.

Out of all the second-prize tickets, only two tickets sold in Iowa and Maine were purchased with the Power Play option, doubling their prizes to $2 million.

When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, a second-prize win is doubled and any other non-jackpot prize is multplied by the Power Play number drawn that evening. A complete list of prizes available for matching various numbers can be found on the Powerball Drawing Detail page at USA Mega, as well as on the Powerball Prize Payouts and the Powerball Double Play Prize Payouts pages at Lottery Post.

The official drawing videos can also be found on the Powerball Drawing Detail page at USA Mega.

The Power Play option is not available in California, because the fixed nature of the prize increase offered with the Power Play is not compatible with California's pari-mutuel payouts.

Also, a total of 112 tickets matched four of the first five numbers plus the Powerball to win a $50,000 prize. Of those tickets, 27 were purchased with the Power Play option, increasing the prize to $150,000, and 10 were sold in California, where the prize awarded this drawing is $33,579.

The Powerball winning numbers for Saturday, October 7, 2023, were 47, 54, 57, 60, and 65, with Mega Ball number 19. The Power Play number was 3.

The Saturday Double Play drawing results were 13, 31, 51, 55, and 66, with Powerball number 23. Double Play is a game option currently available in 18 states that lets you play your numbers in a second drawing for an extra $1 per play, with a chance to win up to $10 million in cash. See How to Play Powerball at USA Mega for more information about Double Play.

Following the Saturday drawing, the Powerball annuity jackpot estimate was raised $127.5 million from its previous amount of $1.4225 billion. The cash value was raised by $55.9 million from its previous amount of $623.9 million.

Powerball is currently offered for sale in 45 states, plus Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. Drawings are Mondays, Wednesdays, and Saturdays at 10:59 pm Eastern Time. Tickets cost $2 each.

Powerball lottery results are published within minutes of the drawing at USA Mega (www.usamega.com).  The USA Mega Web site provides lottery players in-depth information about the United States's two biggest multi-state lottery games, Mega Millions and Powerball.

Top 25 United States lottery jackpots of all time

Monday's Powerball jackpot currently stands as the 4th-largest lottery jackpot in world history.  That position may rise before the drawing, as lotteries are typically conservative in their initial estimates, and brisk sales may push the jackpot estimate higher by draw time.

  1. Powerball: $2.0401 billion, Nov. 7, 2022 (40 rollovers, starting at $20 million) - California
  2. Mega Millions: $1.602 billion, Aug. 8, 2023 (31 rollovers, starting at $20 million) - Florida
  3. Powerball: $1.5864 billion, Jan. 13, 2016 (19 rollovers, starting at $40 million) - California, Florida, Tennessee
  4. Powerball: $1.55 billion, Oct. 9, 2023 (34 rollovers, starting at $20 million) - Preliminary estimate, not won yet
  5. Mega Millions: $1.537 billion, Oct. 23, 2018 (25 rollovers, starting at $40 million) - South Carolina
  6. Mega Millions: $1.348 billion, Jan. 13, 2023 (25 rollovers, starting at $20 million) - Maine
  7. Mega Millions: $1.337 billion, Jul. 29, 2022 (29 rollovers, starting at $20 million) - Illinois
  8. Powerball: $1.0798 billion, Jul. 19, 2023 (38 rollovers, starting at $20 million) - California
  9. Mega Millions: $1.05 billion, Jan. 22, 2021 (36 rollovers, starting at $20 million) - Michigan
  10. Powerball: $768.4 million, Mar. 27, 2019 (25 rollovers, starting at $40 million) - Wisconsin
  11. Powerball: $758.7 million, Aug. 23, 2017 (20 rollovers, starting at $40 million) - Massachusetts
  12. Powerball: $754.6 million, Feb. 6, 2023 (33 rollovers, starting at $20 million) - Washington
  13. Powerball: $731.1 million, Jan. 20, 2021 (35 rollovers, starting at $20 million) - Maryland
  14. Powerball: $699.8 million, Oct. 4, 2021 (40 rollovers, starting at $20 million) - California
  15. Powerball: $687.8 million, Oct. 27, 2018 (21 rollovers, starting at $40 million) - Iowa, New York
  16. Mega Millions: $656 million, Mar. 30, 2012 (18 rollovers, starting at $12 million) - Illinois, Kansas, Maryland
  17. Mega Millions: $648 million, Dec. 17, 2013 (21 rollovers, starting at $12 million) - California, Georgia
  18. Powerball: $632.6 million, Jan 5, 2022 (39 rollovers, starting at $20 million) - California, Wisconsin
  19. Powerball: $590.5 million, May 18, 2013 (13 rollovers, starting at $40 million) - Florida
  20. Powerball: $587.5 million, Nov. 28, 2012 (15 rollovers, starting at $40 million) - Arizona, Missouri
  21. Powerball: $564.1 million, Feb. 11, 2015 (20 rollovers, starting at $40 million) - North Carolina, Puerto Rico, Texas
  22. Powerball: $559.7 million, Jan. 6, 2018 (20 rollovers, starting at $40 million) - New Hampshire
  23. Mega Millions: $543 million, Jul. 24, 2018 (22 rollovers, starting at $40 million) - California
  24. Mega Millions: $536 million, Jul. 8, 2016 (34 rollovers, starting at $15 million) - Indiana
  25. Mega Millions: $533 million, Mar. 30, 2018 (23 rollovers, starting at $40 million) - New Jersey

For those keeping score, the number of jackpots in the top 25, by lottery game, are:

  • Powerball: 15
  • Mega Millions: 10

Top 25 cash value jackpots

Since many lottery winners collect their winnings in cash, the lump-sum payout is an important measure of what a winning ticket could be worth.

Looking at the cash value, the upcoming Powerball jackpot ranks as the 8th-largest cash value in world history.

  1. Powerball: $997.6 million cash, Nov. 7, 2022 ($2.0401 billion annuity) - California
  2. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
  3. Mega Millions: $877.8 million cash, Oct. 23, 2018 ($1.537 billion annuity) - South Carolina
  4. Mega Millions: $794.2 million cash, Aug. 8, 2023 ($1.602 billion annuity) - Florida
  5. Mega Millions: $780.5 million cash, Jul. 29, 2022 ($1.337 billion annuity) - Illinois
  6. Mega Millions: $776.6 million cash, Jan. 22, 2021 ($1.05 billion annuity) - Michigan
  7. Mega Millions: $723.5 million cash, Jan. 13, 2023 ($1.348 billion annuity) - Maine
  8. Powerball: $679.8 million cash, Oct. 9, 2023 ($1.55 billion annuity) - Preliminary estimate, not won yet
  9. Powerball: $558.1 million cash, Jul. 19, 2023 ($1.0798 billion annuity) - California
  10. Powerball: $546.8 million cash, Jan. 20, 2021 ($731.1 million annuity) - Maryland
  11. Powerball: $496 million cash, Oct. 4, 2021 ($699.8 million annuity) - California
  12. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) - Massachusetts
  13. Powerball: $477 million cash, Mar. 27, 2019 ($768.4 million annuity) - Wisconsin
  14. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  15. Powerball: $450.2 million cash, Jan. 5, 2022 ($632.6 million annuity) - California, Wisconsin
  16. Powerball: $407.2 million cash, Feb. 6, 2023 ($754.6 million annuity) - Washington
  17. Powerball: $396.2 million cash, Oct. 27, 2018 ($687.8 million annuity) - Iowa, New York
  18. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  19. Powerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
  20. Mega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) - Indiana
  21. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  22. Powerball: $352 million cash, Jan. 6, 2018 ($559.7 million annuity) - New Hampshire
  23. Mega Millions: $349.3 million cash, May 21, 2021 ($516 million annuity) - Pennsylvania
  24. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($648 million annuity) - California, Georgia
  25. Powerball: $341.7 million cash, Jul. 30, 2016 ($487 million annuity) - New Hampshire

The number of cash value jackpots in the top 25, by lottery game, are:

  • Powerball: 16
  • Mega Millions: 9

Lottery Post Staff


mightwin1's avatarmightwin1

Just wanted to say great job to Todd posting a new article this late......keeps the energy going.....onward to Monday, good luck to everyone 🍻

wander73's avatarwander73

I think next sat


Well well well...

I knew there wasn't gonna be a winner last night when I didn't feel like eating my deviled ham, onion, yellow mustard on wonder bread sandwich.

Boy,  I'm getting powerball fatigue.

I usually buy one ticket w/ powerplay for every 100 million on the annuity but $$$ lost are adding up so I might base my buying formula next time on the cash value instead.


PU who brought the olive loaf?


If so maybe a new record

golfer1960's avatargolfer1960

Mo money, mo money....

TheMeatman2005's avatarTheMeatman2005

I will definitely be in it to win it!

Round and round she goes, where it stops nobody knows.


Quote: Originally posted by mightwin1 on Oct 8, 2023

Just wanted to say great job to Todd posting a new article this late......keeps the energy going.....onward to Monday, good luck to everyone 🍻

Thanks Todd for burning the midnight oil tonight!


What's more exciting to you:

A. Watching the powerball jackpot slowly roll again

B. Watching paint dry

C. Watching the Carolina panthers

D. Watching your gal getting her nails done

golfer1960's avatargolfer1960

Quote: Originally posted by ShagE3 on Oct 8, 2023

What's more exciting to you:

A. Watching the powerball jackpot slowly roll again

B. Watching paint dry

C. Watching the Carolina panthers

D. Watching your gal getting her nails done


Asked Alexa @ 0100 for the #'s and said to myself no way anybody won.   She wouldn't give me an updated jackpot @ that hour.   Now @ 0400 she's still not up to date.


Thanks Todd for posting the standings so early in the a.m.


This is the time everyone jumps in.  Only got one number last draw . Fingers 🤞 for next draw. Good luck to everyone 👍

CDanaT's avatarCDanaT

2 numbers correct on 1 line( 47 & 60)....<big sigh>...Onward and upward we go 

Cash Value take home after Fed Taxes$428 Million( and change)

Good luck to all that are participating on Monday. 


"The jackpot has been growing since it started on July 22 as a $20 million prize — now 34 consecutive drawings without a winner. "

 34 continuous drawings, no jackpot winner!  started July 22nd,  now into the 3rd month! 

more and more 2nd place and 3rd place prize winners and the rest. Which means millions more players. I wonder what was the total spent for last night Powerball. 


$2 💰💰💰🍀

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