$935 MILLION: Powerball lottery jackpot nears billion-dollar milestone

Home » $935 MILLION: Powerball lottery jackpot nears billion-dollar milestone

11th-largest US lottery jackpot in history


By Todd Northrop


After a 37th-consecutive drawing without a winner, the Powerball multi-state lottery game now features a jackpot that will provide multi-generational wealth to the lucky player who eventually wins it all.


After nobody won Wednesday’s $873.1 million grand prize, the Powerball jackpot increased to a staggering $935 million for Saturday’s drawing — the 11th-largest US lottery jackpot of all time, and the 5th-largest Powerball jackpot in the game’s history.


But since most winners choose the lump-sum cash option, the $449.7 million cash value of Saturday’s Powerball jackpot is what many people pay close attention to. It’s the 17th-largest cash value of any jackpot in US lottery history, and the 10th-largest in the game’s history.


The complete top 25 list of United States lottery jackpot annuity and cash values can be found below. Notably, the top jackpot rankings have now reached a point where a lottery jackpot must exceed $1 billion just to enter to the top 10.


Players looking to understand what they would receive after the initial federal and state tax withholdings can find it all pre-calculated for each Powerball jurisdiction on the Jackpot Analysis page at USA Mega, a web site devoted to the Powerball and Mega Millions multi-state lottery games.


Saturday’s mega boatload of cash is the result of 37 consecutive draws without a winner.  The run-up started as a $20 million prize on January 3.


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.


Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs. For example, the original estimate for Wednesday’s drawing was $865 million, but by the time all the proceeds were counted just before draw-time, the jackpot had swelled to $873.1 million.


The winning numbers for Wednesday, March 27, 2024 were 37, 46, 57, 60, and 66, with Powerball number 8.  The Power Play number was 2.


The Wednesday Double Play drawing results were 31, 47, 52, 53, and 57, with Powerball number 23. Double Play is a game option currently available in 22 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 and a list of states that offer the add-on game.


Although nobody won the jackpot Wednesday night, 3 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Arizona, 1 from Pennsylvania, and 1 from Texas.


None of the second-prize tickets were purchased with the Power Play option, which would have doubled the prize to $2 million. Power Play is available in all jurisdictions except California, where the fixed nature of the prize increase offered in Power Play is not compatible with California’s pari-mutuel payout regulations, meaning the prizes will change each drawing based on the number of tickets sold and the number of tickets that won at each prize level within the state of California.


Also in the drawing, 51 tickets matched four white numbers plus the Powerball and won $50,000.  Of those tickets, 7 were purchased with the Power Play option, increasing the prize to $100,000, and 7 were purchased in California where the prize was $18,724 this drawing


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 USA Mega page also includes the official drawing videos.


Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $61.9 million from its previous amount of $873.1 million. The cash value was raised by $29.8 million from its previous amount of $419.9 million.


The next Powerball drawing will take place Saturday night at 10:59 pm Eastern Time.


Powerball is played in 45 states, plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.  Drawings are Mondays, Wednesdays, and Saturdays at 10:59 p.m. 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


Saturday’s Powerball jackpot currently stands as the 11th-largest lottery jackpot of all time.  The amount of the jackpot may rise even further by the time the drawing takes place, as lotteries are typically conservative in their initial estimates.


  1. Powerball: $2.0401 billion, Nov. 7, 2022 (40 rollovers, starting at $20 million) – California

  2. Powerball: $1.7649 billion, Oct. 11, 2023 (35 rollovers, starting at $20 million) – California

  3. Mega Millions: $1.602 billion, Aug. 8, 2023 (31 rollovers, starting at $20 million) – Florida

  4. Powerball: $1.5864 billion, Jan. 13, 2016 (19 rollovers, starting at $40 million) – California, Florida, Tennessee

  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. Mega Millions: $1.13 billion, Mar. 26, 2024 (30 rollovers, starting at $20 million) – New Jersey

  9. Powerball: $1.0798 billion, Jul. 19, 2023 (38 rollovers, starting at $20 million) – California

  10. Mega Millions: $1.05 billion, Jan. 22, 2021 (36 rollovers, starting at $20 million) – Michigan

  11. Powerball: $935 million, Mar. 30, 2024 (37 rollovers, starting at $20 million) – Preliminary estimate, not won yet

  12. Powerball: $842.4 million, Jan. 1, 2024 (34 rollovers, starting at $20 million) – Michigan

  13. Powerball: $768.4 million, Mar. 27, 2019 (25 rollovers, starting at $40 million) – Wisconsin

  14. Powerball: $758.7 million, Aug. 23, 2017 (20 rollovers, starting at $40 million) – Massachusetts

  15. Powerball: $754.6 million, Feb. 6, 2023 (33 rollovers, starting at $20 million) – Washington

  16. Powerball: $731.1 million, Jan. 20, 2021 (35 rollovers, starting at $20 million) – Maryland

  17. Powerball: $699.8 million, Oct. 4, 2021 (40 rollovers, starting at $20 million) – California

  18. Powerball: $687.8 million, Oct. 27, 2018 (21 rollovers, starting at $40 million) – Iowa, New York

  19. Mega Millions: $656 million, Mar. 30, 2012 (18 rollovers, starting at $12 million) – Illinois, Kansas, Maryland

  20. Mega Millions: $648 million, Dec. 17, 2013 (21 rollovers, starting at $12 million) – California, Georgia

  21. Powerball: $632.6 million, Jan 5, 2022 (39 rollovers, starting at $20 million) – California, Wisconsin

  22. Powerball: $590.5 million, May 18, 2013 (13 rollovers, starting at $40 million) – Florida

  23. Powerball: $587.5 million, Nov. 28, 2012 (15 rollovers, starting at $40 million) – Arizona, Missouri

  24. Powerball: $564.1 million, Feb. 11, 2015 (20 rollovers, starting at $40 million) – North Carolina, Puerto Rico, Texas

  25. Powerball: $559.7 million, Jan. 6, 2018 (20 rollovers, starting at $40 million) – New Hampshire


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


  • Powerball: 17

  • Mega Millions: 8


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.


The new Powerball jackpot ranks as the 17th-largest lump-sum cash value jackpot in 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. Powerball: $774.1 million cash, Oct. 11, 2023 ($1.7649 billion annuity) – California

  8. Mega Millions: $723.5 million cash, Jan. 13, 2023 ($1.348 billion annuity) – Maine

  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. Mega Millions: $525.8 million cash, Mar. 26, 2024 ($1.13 billion annuity) – New Jersey

  12. Powerball: $496 million cash, Oct. 4, 2021 ($699.8 million annuity) – California

  13. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) – Massachusetts

  14. Powerball: $477 million cash, Mar. 27, 2019 ($768.4 million annuity) – Wisconsin

  15. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) – Illinois, Kansas, Maryland

  16. Powerball: $450.2 million cash, Jan. 5, 2022 ($632.6 million annuity) – California, Wisconsin

  17. Powerball: $449.7 million cash, Mar. 30, 2024 ($935 million annuity) – Preliminary estimate, not won yet

  18. Powerball: $425.2 million cash, Jan. 1, 2024 ($842.4 million annuity) – Michigan

  19. Powerball: $407.2 million cash, Feb. 6, 2023 ($754.6 million annuity) – Washington

  20. Powerball: $396.2 million cash, Oct. 27, 2018 ($687.8 million annuity) – Iowa, New York

  21. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) – Arizona, Missouri

  22. Powerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) – North Carolina, Puerto Rico, Texas

  23. Mega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) – Indiana

  24. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) – Florida

  25. Powerball: $352 million cash, Jan. 6, 2018 ($559.7 million annuity) – New Hampshire


The number of jackpot cash values in the top 25, by lottery game, are:


  • Powerball: 17

  • Mega Millions: 8

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