$1 billion Powerball jackpot on the line in tonight's drawing. Here's what to know.

By Mark Osborne August 12, 2026 / 10:24 AM EDT / CBS News Add CBS News on Google The Powerball jackpot drawing on Wednesday has crossed the $1 billion mark. The jackpot, which reached the sum after no one won in Monday's drawing, is the eighth-largest Powerball prize of all time. This is the 15th time a $1 billion priz

For the eighth time, the Powerball jackpot has been valued at at least $1 billion, but taxes would cut your payout to far less.

Powerball hits $1 billion for tonight’s drawing, the biggest US lottery jackpot of the year | CNN Business  CNN

The prize has increased by $70 million ahead of the next draw

Powerball Jackpot Nears $1 Billion—Here’s What The Winner Could Take Home  Forbes

The Powerball jackpot is at an estimated US$905 million ahead of tonight’s drawing after there were no big winners in Saturday night’s drawing.

Powerball winning numbers for August 2026: Results for Monday, August 10 drawing for the $905 million jackpot  MARCA