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Powerball Jackpot Crosses $850 Million-Here’s What The Winner Could Take Home
Forbes • • business
Key Points:
- The Powerball jackpot has climbed to $856 million, marking the largest lottery prize of the year so far, following a drawing with no winning tickets; however, the eventual winner's payout will be reduced after taxes and deductions.
- Since last month, UK players have been eligible to participate in the Powerball jackpot, contributing to faster-growing prize pools; UK winners receive their prize in 30 annual installments without a lump-sum cash option, with the advertised UK jackpot at £444 million ($597.6 million) after taxes and exchange rates.
- This jackpot surpasses the recent $800 million Mega Millions prize won in Florida and is the biggest Powerball jackpot claimed in 2026 so far, with the largest previous prize at $250.8 million won by an Arkansas player.
- The next Powerball drawing is scheduled for Saturday night, offering another chance at the jackpot with odds of 1 in 292.2 million, which are slightly longer than the Mega Millions odds of 1 in 290.4 million.
