The Powerball jackpot has reached an estimated $1.6 billion, the fourth-largest prize in the game's history. No tickets matched all six winning numbers in the latest drawing, but eight tickets won $1 million prizes. The next drawing will be held on Monday, December 22, 2025.
U.S. Powerball jackpot climbs to estimated 1.6 billion ahead of next drawing By Kierra Frazier Kierra Frazier News Editor Kierra Frazier is a news editor for CBS News Stations. Read Full Bio Kierra Frazier Updated on December 21 2025 10 54 AM EST CBS News Add CBS News on Google The Powerball jackpot climbed to an estimated 1.6 billion the game's fourth-largest prize ever after another drawing passed Saturday night without a winner. The winning numbers were 4 5 28 52 and 69 with a Powerball of 20.The jackpot now has an estimated cash value of 735.3 million Powerball said. In addition to the fourth-largest Powerball prize it's also the fifth-largest among U.S. lottery jackpots.Although no tickets were sold that matched all six winning numbers at Saturday night's drawing there were eight tickets that matched five of them Powerball said. The prize for those tickets is 1 million each except for ones sold in California where one of the eight tickets was purchased. Another 112 tickets purchased ahead of the drawing won 50 000 prizes and 22 tickets won 150 000 prizes according to the game. Powerball is giving players a chance to dream bigger than ever this holiday season said Matt Strawn Powerball Product Group chair and Iowa Lottery CEO. Monday's drawing will be the 46th since the last time a jackpot was won the longest such Powerball run. A 1.787 billion jackpot was hit Sept. 6 in Missouri and Texas. To win the grand prize a ticket must match the five white balls pulled during the drawing as well as the red Powerball. A single jackpot winner would have the choice of taking a lump sum payment estimated at 735.3 million or opting for a payout via an annuity which would consist of one immediate payment followed by 29 annual payments that increase by 5 each year. The odds of winning the top prize are 1 in 292.2 million according to Powerball but lottery jackpots have exploded in size over the last decade. Drawings take place every Monday Wednesday and Saturday at 11 p.m. ET. In 2022 a single ticket sold in Altadena California claimed a 2.04 billion jackpot the largest in both Powerball and lottery history. The first Powerball drawing was in 1992.Powerball tickets are sold in 45 states the District of Columbia Puerto Rico and the U.S. Virgin Islands and cost 2 each. More from CBS News Jackpot-winning lottery ticket worth 770K sold in Allegheny County 2 1 million Powerball tickets sold in Michigan Cunningham Duren lead Pistons to 112-86 win over Hornets What does Bears win means for ticket prices stadium negotiations? Go deeper with The Free Press Mark Zuckerbergs Vibe Shift. Plus. . . Is Anyone Worth a Billion Dollars? In Powerball Lottery 2025 CBS Interactive Inc. All Rights Reserved