Retirement Planning

Powerball Jackpot & Drawing Information - May 31, 2025

Powerball Jackpot & Drawing Information - May 31, 2025

Is today your lucky day? The Powerball jackpot was an estimated $207 million with a cash option of $92.7 million for Saturday night’s drawing, according to the Powerball website. The jackpot was last won on April 27 when a Kentucky lottery player won $167.3 million Powerball jackpot. Meanwhile, the Mega Millions jackpot is at $202 million with a cash option of $90 million, according to the Mega Millions website.

Winning Numbers for Saturday, May 31, 2025 Looking for an edge? These are the luckiest Powerball numbers **Powerball Drawing Schedule** Powerball drawings are held three times a week – Monday, Wednesday and Saturday at 10:59 p.m. Monday drawings were added in 2021. **Where to Play Powerball** You can play the game in 45 states plus the Washington DC, Puerto Rico and the U.S. Virgin Islands. **How to Play Powerball** The cost is $2 per ticket, but you can add the Power Play for $1, which will increase the amount of your potential prize up to five times the original prize (except for the jackpot and Match 5). There is also a 10x Power Play possibility when the jackpot is less than $150 million. Each player selects five numbers from 1 to 69 for the white balls and one number from 1 to 26 for the red Powerball. However, you can also have the lottery machine generate a quick pick ticket with random numbers for you. Prizes vary from $4 for the matching the Powerball to $1 million for matching all five white balls (except in California) to the jackpot for matching all six balls. You can check all the prize payouts on the Powerball website here.

Odds of Winning Playing the Powerball can be exciting, but just don’t go spending those millions before you win. The odds of winning the jackpot are 292,201,338-to-1. The odds to match all five white balls are 11,688,053-to-1. Unlucky? Here are 13 crazy things more likely to happen than winning the lottery.

Payout Options: Lump Sum vs. Annuity The major lotteries in the United States offer two jackpot payout options: annuity and cash. The annuity option is paid out over time. There is an immediate payment and then 29 annual payments after that, increasing by 5% each year. The cash option is significantly lower than the advertised jackpot, but it is paid in a lump sum. You don’t have to wait decades for all the money.

Anonymity in Lottery Wins In some states, like New Jersey, you can win a lottery anonymously. That wasn’t always the case, but now winners are able to stay anonymous under a law that was signed by Gov. Phil Murphy. In other states, a winner’s name and hometown are a matter of public record. Check with your state lottery for more information.

Top 10 Largest Powerball Jackpots Here are the Top 10 jackpots since the Powerball lottery began in 1992.

Largest U.S. Lottery Jackpot Ever? Here’s a look at the top jackpots won in the United States, between the Powerball and the Mega Millions lotteries.

Gambling Problem? If you need help with a gambling problem, you can get help by calling 1800-GAMBLER or clicking on www.800gambler.org

Official Digital Lottery Courier Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. Must be 18+, 21+ in AZ and 19+ in NE. Not affiliated with any State Lottery. Gambling Problem? Call 1-877-8-HOPE-NY (NY); 1-800-327-5050 (MA); 1-877-MYLIMIT (OR); 1-800-GAMBLER (all others). Visit jackpocket.com/tos for full terms and conditions.