Powerball Jackpot Reaches $1.25 Billion Ahead of December 17 Drawing

The Powerball jackpot has surged to an estimated $1.25 billion for the drawing scheduled on December 17, 2025, with a cash option of $572.1 million. This marks the second-largest Powerball prize this year, following the $1.787 billion jackpot won on September 6 in Missouri and Texas. The upcoming drawing will be the 44th in the current jackpot run, setting a game record for the most consecutive drawings without a jackpot winner. The last jackpot was claimed on September 6, 2025. Powerball drawings occur every Monday, Wednesday, and Saturday at 10:59 p.m. ET. Tickets are available in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The odds of winning the jackpot are 1 in 292.2 million. Players can choose between an annuitized prize, consisting of 30 payments over 29 years, or a lump sum payment. Both options are before taxes. The largest Powerball jackpot to date was $2.04 billion, won on November 7, 2022, in California.