Summary
The next Powerball drawing will be held on Monday, March 2, 2026, with an estimated jackpot of $249 million and a cash value of $117.2 million. After another drawing passed without a grand-prize winner, the game heads into the new week with a prize that is once again large enough to draw national attention from casual players and regular lottery followers alike.
For anyone planning to play, the most important detail is the timing. Powerball drawings are held every Monday, Wednesday and Saturday at 10:59 p.m. ET, and the next live drawing will come from the Florida Lottery draw studio in Tallahassee. Powerball also confirms that the drawing can be watched live on its official website, which gives players a direct way to follow the result as it happens.
When is the next Powerball drawing?
The next drawing takes place on Monday night, March 2, and it arrives with the usual Powerball rhythm: one of three weekly drawings that keep the jackpot moving quickly whenever nobody lands all six numbers. Powerball’s official schedule continues on Mondays, Wednesdays and Saturdays, which is one reason the prize can build momentum in a relatively short stretch.
That schedule matters for readers because the lottery’s pace is part of the appeal. A missed jackpot on Saturday immediately rolls attention into Monday, and a fresh estimate is already in place. In this case, the jump sets the next annuitized prize at $249 million, while the one-time cash value is listed at $117.2 million before taxes.
Where to watch the Powerball drawing live
The next Powerball drawing will be held at 10:59 p.m. ET on Monday, March 2, and anyone who wants to watch it live can follow it on the official Powerball website. The broadcast comes from the Florida Lottery draw studio in Tallahassee, where the drawings are held three times a week.
For those who just want the numbers fast, N10 News will also publish the result after the draw, with the winning numbers, jackpot update and the main details readers usually look for right away. The official Powerball channels remain the reference point for the final confirmation of the result.
What happened in the last Powerball drawing?
The most recent drawing was held on Saturday, February 28, 2026, and it ended without a jackpot winner. The winning numbers were 6, 20, 35, 54, 65, with Powerball 10, while the Power Play multiplier was 4x. Powerball’s official results page also shows there were no Match 5 + Power Play winners worth $2 million and no Match 5 winners worth $1 million in that draw.
That result is exactly why Monday’s jackpot moved higher. The Saturday drawing had been listed with an estimated jackpot of $237 million and a cash value of $111.5 million, and because no ticket matched all five white balls plus the red Powerball, the prize rolled forward to Monday’s larger estimate.
How to play Powerball
Powerball keeps its format simple enough that most readers understand it quickly, but service coverage still works better when the mechanics are spelled out clearly. A standard Powerball play costs $2, and players must choose five white-ball numbers from 1 to 69 and one red Powerball number from 1 to 26. Players can choose those numbers manually or let the lottery terminal generate them randomly.
There is also the optional Power Play add-on, which costs $1 extra per play and multiplies non-jackpot prizes by 2x, 3x, 4x, 5x or 10x, depending on the multiplier selected before the drawing. Powerball notes that the Match 5 prize with Power Play is always $2 million, while the 10x multiplier is only available when the advertised jackpot annuity is $150 million or less.
Powerball is available in 45 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands, though ticket sales cut-off times vary by jurisdiction and usually close one to two hours before the drawing. That means readers should always check their own state lottery’s deadline if they plan to buy a ticket late on Monday.
What are the odds of winning?
Like every big multistate lottery, Powerball sells a dream while also making the odds very clear. The official prize chart lists the chance of winning the grand prize at 1 in 292,201,338, while the overall odds of winning any prize are 1 in 24.87. Those numbers help explain why jackpots can climb so quickly, but they also explain why smaller secondary wins remain an important part of the game’s appeal.
Players do not need the jackpot to walk away with a prize. Powerball says there are nine ways to win, and the jackpot itself goes only to tickets that match all five white balls in any order plus the red Powerball. That structure is one reason lottery coverage performs so well in service-driven news sections: even when the top prize survives, readers still want to know whether other winning tiers paid out and what happened in the last drawing.
Lump sum or annuity?
If Monday’s drawing produces a jackpot winner, Powerball says that winner may choose between an annuity paid in 30 graduated payments over 29 years or a lump-sum cash option. Both advertised amounts are shown before federal and jurisdictional taxes, which is a key detail readers often look for as soon as the jackpot starts climbing into nine figures.
That distinction also shapes how the headline number is understood. The $249 million figure is the annuitized jackpot, while the $117.2 million figure reflects the current advertised cash value. For many readers, that cash figure is the more practical reference point, even if the larger jackpot number is what drives most of the public attention.
A $249 million Powerball drawing is not one of the game’s all-time monster jackpots, but it is still big enough to sit comfortably inside the range that attracts casual conversation, last-minute purchases and search spikes across news platforms. The fact that Saturday ended with no jackpot winner and no $2 million or $1 million top secondary winners only adds to the sense that Monday’s drawing has fresh momentum behind it.
