AP
Powerball Jackpot
The jackpot for the Powerball lottery game is displayed outside Ted's State Line Mobil station, Wednesday, Dec. 24, 2025, in Methuen, Mass.
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The Powerball jackpot now stands at an estimated $1.7 billion and is one of the largest lottery prizes in U.S. history. The lottery group will be drawing the 4th-largest jackpot ever on Christmas Eve. The record U.S. jackpot is $2.04 billion from back in 2022. The odds of winning Wednesday's jackpot are 1 in 292.2 million. One math professor says those odds are equivalent to selecting one marked dollar bill from a stack 19 miles high. Those unfavorable odds are by design to help the lottery create billion-dollar jackpots. There are still other million-dollar prizes that players can win.
