The Powerball jackpot has surged to $643 million (with a cash option of approximately $290.6 million) for Wednesday, August 20, 2025—the largest prize of the year so far.
What started as a modest $20 million jackpot back in June has steadily rolled over, climbing past half a billion in mid-August before landing at tonight’s staggering total.
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Jackpot Growth Leading to Tonight
| Date | Jackpot Amount | Notes |
|---|---|---|
| June 2, 2025 | $20 million | Cycle restarted after last jackpot was won. |
| Saturday, Aug 2 | $409.8 million | Jackpot crosses $400M. |
| Wednesday, Aug 6 | $451.2 million | Another rollover. |
| Monday, Aug 11 | $502.8 million | Breaks half a billion. |
| Wednesday, Aug 13 | $565 million (annuity), ~$258.8M cash | Still no winner. |
| Monday, Aug 18 | $605 million, ~$273.4M cash | Becomes 2025’s highest jackpot to date. |
| Wednesday, Aug 20 (Tonight) | $643 million, ~$290.6M cash | Biggest prize of the year so far. |
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When Is the Powerball Jackpot Drawing?
- Date: Wednesday, August 20, 2025
- Time: 10:59 p.m. ET (9:59 p.m. CT)
- Where to Watch: Local lottery broadcasts, the official Powerball website, or state lottery channels.
Cash or Annuity?
If a winner emerges tonight, they’ll face a huge decision:
- Annuity: Full $643 million paid over 30 years.
- Cash Option: Lump-sum payout of about $290.6 million (before taxes).
What Have Been the Biggest Powerball Jackpots?
Tonight’s $643 million prize is huge, but it’s not the biggest in Powerball history. Here are the all-time record jackpots:
| Jackpot Amount | Date Won | Winning State(s) |
|---|---|---|
| $2.04 billion | Nov. 7, 2022 | California |
| $1.765 billion | Oct. 11, 2023 | California |
| $1.586 billion | Jan. 13, 2016 | California, Florida & Tennessee (shared) |
| $1.08 billion | July 19, 2023 | California |
| $768.4 million | March 27, 2019 | Wisconsin |
Tonight’s jackpot at $643 million would rank just outside the Top 5 all-time Powerball prizes, but still makes it one of the largest in recent years.
Don’t miss your shot—get your ticket securely with Jackpocket before the 10:59 p.m. ET cutoff.
Get the Results on DraftKings Network
As soon as the numbers are drawn, you can find the official winning results right here on DraftKings Network.
