The Powerball jackpot has reached $605 million for Monday night’s drawing, marking the largest lottery prize of 2025. This follows nearly three months without a grand prize winner, offering a life-changing payout to potential winners across 45 U.S. states and Washington D.C.
The Powerball jackpot surged to $605 million ahead of Monday night’s drawing, setting a new high for 2025. This substantial prize resulted from 25 consecutive drawings without a top winner since late May, allowing the jackpot to accumulate through rollovers. Powerball remains one of America’s two major national lottery games, with drawings held three times weekly.
Players have until Monday at 11 p.m. Eastern Time to purchase $2 tickets for a chance at the grand prize. Winners face a critical choice: accept a one-time lump sum payment of $273.4 million or receive the full $605 million through annuity payments distributed over 30 years. The annuity option provides long-term financial security but requires tax planning.
Despite the jackpot’s headline-grabbing size, the odds of winning remain exceptionally slim at approximately 1 in 292 million. However, Powerball offers eight additional prize tiers ranging from $4 to $1 million, with significantly better odds that attract casual players. About 1 in every 25 tickets wins some level of prize.
This jackpot milestone occurs amid robust U.S. lottery sales, which first surpassed $100 billion annually in 2023. Major jackpots like Powerball’s 2022 record $2.1 billion prize continue driving participation, with surveys indicating nearly 25% of Americans regularly purchase tickets. Unlike Mega Millions, which recently increased ticket prices, Powerball has maintained its $2 base cost since 2012.
The growing jackpot generates significant economic ripple effects. Retailers experience increased foot traffic and commissions from ticket sales, while states allocate lottery proceeds to public education and social programs. However, critics note lotteries disproportionately impact lower-income communities, where players spend higher percentages of earnings on tickets.
Looking ahead, Monday night’s drawing could produce the first Powerball grand prize winner of 2025 or trigger another rollover. If won, the jackpot resets to $20 million for Wednesday’s drawing. Should no one claim the top prize, the jackpot would continue climbing toward historic levels, potentially rivaling Powerball’s all-time record of $2.04 billion set in November 2022.