• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessLottery

You could buy a $1 billion Powerball ticket this Labor Day weekend

By
Ed White
Ed White
,
Kendria LaFleur
Kendria LaFleur
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Ed White
Ed White
,
Kendria LaFleur
Kendria LaFleur
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
August 29, 2025, 4:37 PM ET
Powerball
Roslyn Jefferson makes her lottery ticket selections on a self-serve terminal inside a gas station ahead of Saturday's Powerball drawing offering of $1 billion, Friday, Aug. 29, 2025, in Baltimore. AP Photo/Stephanie Scarbrough

This could buy a lot of Labor Day weekend sunblock: Saturday’s Powerball jackpot is estimated at $1 billion, the sixth-largest prize in the game’s history.

Recommended Video

Powerball, which costs $2 per ticket, is played in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The jackpot has been growing each week because no one has matched all six numbers since May 31.

As ticket sales climbed this week, game officials raised the estimated Saturday night jackpot to $1 billion from $950 million, before taxes. Payments would be spread over 30 years, or a winner can choose an immediate lump sum of $453 million, again before taxes.

“We’re bringing extra excitement to Labor Day weekend,” said Matt Strawn, head of the Iowa Lottery and chair of Powerball.

The odds of matching all six numbers, of course, are daunting: 1 in 292.2 million. By comparison, the odds of getting a rare shark bite during a last summer dip in the ocean are much lower, according to the Florida Museum of Natural History.

Angela Schwartz, who sells tickets at City Market in downtown Detroit, said the message Friday was consistent: “Give me a lucky Powerball.”

“I don’t know if that’s enough for me,” she said with a laugh, referring to the lump-sum payout a winner could get. “It could pay a few bills.”

At a Fuel City in Dallas, Duran Hargest let the lottery machine spit out four tickets with random numbers.

“It could be a blessing,” he said of winning the jackpot. “It could also be a curse, depending on how you use it. I just wanted to make sure if I get it, you know, take care of my family and then probably help others that probably need it, too.”

Powerball and Mega Millions are lottery games with potentially huge jackpots because they are played in multiple states. The top Powerball jackpot was $2.04 billion on Nov. 7, 2022. The largest Mega Millions jackpot was $1.6 billion on Aug. 8, 2023.

___

LaFleur reported from Dallas.

At the Fortune Workplace Innovation Summit, Fortune 500 leaders will convene to explore the defining questions shaping the workforce of the future—delivering bold ideas, powerful connections, and actionable insights for building resilient organizations for the decade ahead. Join Fortune May 19–20 in Atlanta. Register now.
About the Authors
By Ed White
See full bioRight Arrow Button Icon
By Kendria LaFleur
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

Allison Ellsworth on Shark Tank as a guest shark
Successsuccess
Poppi’s cofounder pitched her startup on Shark Tank while 9 months pregnant and landed a $400,000 deal—now it’s worth $2 billion
By Katie MooreApril 17, 2026
2 hours ago
Teen boys are dating their AI chatbots—and experts warn opting out of real relationships could hurt their careers in the future
SuccessThe Promotion Playbook
Teen boys are dating their AI chatbots—and experts warn opting out of real relationships could hurt their careers in the future
By Orianna Rosa RoyleApril 17, 2026
2 hours ago
A young person looks at home listings.
Real EstateGen Z
Gen Z is carving a different path in the housing market by doing it alone
By Jake AngeloApril 16, 2026
12 hours ago
Emma Grede says her $5 billion Skims empire started with a cold call to Kris Jenner: ‘The difference between me and someone else is, I made it happen’
SuccessHow I made my first million
Emma Grede says her $5 billion Skims empire started with a cold call to Kris Jenner: ‘The difference between me and someone else is, I made it happen’
By Orianna Rosa RoyleApril 16, 2026
15 hours ago
yale university campus
SuccessColleges and Universities
‘The college grading system [is] almost meaningless’: People see the Ivy League as an easy A and with flawed admissions standards
By Jake AngeloApril 16, 2026
16 hours ago
grad
AIGen Z
Gen Z turning its back on AI isn’t irrational—it’s a verdict on everyone who failed them
By Nick LichtenbergApril 16, 2026
18 hours ago

Most Popular

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
Environment
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
By Sydney LakeApril 15, 2026
2 days ago
A world going broke: IMF says America's $39 trillion national debt is actually a global problem—and AI may be the only rescue
Economy
A world going broke: IMF says America's $39 trillion national debt is actually a global problem—and AI may be the only rescue
By Nick LichtenbergApril 16, 2026
14 hours ago
Germany already told its workers to ditch four-day weeks and work-life balance. Now the government wants to cut their pay for calling in sick, too
Success
Germany already told its workers to ditch four-day weeks and work-life balance. Now the government wants to cut their pay for calling in sick, too
By Orianna Rosa RoyleApril 16, 2026
1 day ago
MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
Politics
MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
By Sydney LakeApril 16, 2026
18 hours ago
Current price of oil as of April 16, 2026
Personal Finance
Current price of oil as of April 16, 2026
By Joseph HostetlerApril 16, 2026
21 hours ago
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
Success
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
By Emma BurleighApril 13, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.