Lottery Powerball Jackpot With the Powerball jackpot now estimated at $950 million, lottery watchers are looking back at how this prize ranks in history.
The current jackpot is the third-largest in Powerball history, just shy of the record-setting $2.04 billion prize won in California in 2022. It also marks one of the top ten largest jackpots ever across all U.S. lotteries.
The key driver behind these record figures is a rule change made in 2015, which lengthened the odds to create bigger rollovers. Since then, billion-dollar jackpots have become more common.
Lottery historians note that while record jackpots generate massive attention, the winners often face intense media scrutiny and financial challenges after their sudden windfall.
Still, as the jackpot climbs, the thrill of chasing history continues to draw millions of hopefuls to gas stations, corner stores, and online platforms across the nation.
