Powerball Jackpot Hits $1.3 Billion After No Saturday Winner

The Powerball jackpot has surged to an estimated $1.3 billion after no ticket matched all six numbers in Saturday night's drawing. The winning numbers were 12, 24, 35, 48, 61, and Powerball 8. This marks the eighth-largest lottery prize in U.S. history.

The jackpot has been growing since January 3, with 38 consecutive drawings without a grand prize winner. Lottery officials confirmed the next drawing will occur Monday night at 10:59 p.m. ET. The cash option is valued at $608.9 million before taxes.

Players across 45 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands are rushing to buy tickets. The current frenzy comes just seven months after a California player won the $1.765 billion Powerball prize in October 2025.

Security experts warn winners to sign tickets immediately and consult financial advisors. The odds of winning remain 1 in 292.2 million. Retailers selling winning tickets typically receive $1 million bonuses.

This jackpot is trending nationally as Americans debate whether such massive prizes help or hurt lower-income players. Economists note lottery spending typically increases when jackpots cross the billion-dollar threshold.