how much is the powerball jackpot

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how much is the powerball jackpot

The current Powerball jackpot as of August 29, 2025, is approximately $950 million. This is the sixth-largest jackpot in the game's history, with the option for the winner to receive either an annuitized prize of $950 million or a lump sum payment of about $428.9 million before taxes.

For reference, in South Africa, the PowerBall jackpot is separate and currently stands at R37 million, with the combined PowerBall and PowerBall Plus jackpot being R85 million. However, the main U.S. Powerball jackpot is $950 million.