The Powerball jackpot hits $565 million. Here's how to tune into the next drawing and where to check winning numbers.

The jackpot is now estimated to be $565 million, with a cash value of $258.8 million. The next Powerball drawing will take place on Saturday, Aug. 16, according to Powerball.com. Although no tickets sold before the Wednesday drawing matched the numbers drawn to claim the $526 million jackpot, there were $1 million prize winners in three states.

After 32 Powerball drawings without any jackpot winners, the prize is the largest its been in over a year. The Powerball jackpot for the Aug. 16 drawing is an estimated $565 million. The cash option on the prize is an estimated $258.8 million.

ATLANTA — Today could be the day! Hundreds of millions of dollars are up for grabs in Saturday night’s Powerball drawing. The Powerball jackpot is the largest it’s been all year long at $565 million. Catch the Powerball drawing LIVE on Channel 2 just before WSB Tonight at 11 p.m.

The current jackpot is estimated to be worth $526 million, with a cash value of $241 million, according to Powerball.com. The next drawing is on Wednesday, Aug. 13.

CLEVELAND, Ohio — The Powerball jackpot is continuing its steady climb upward, sitting at $565 million for the drawing on Saturday, Aug. 16, 2025. Despite the impressive number, it still doesn’t crack the top 10 for largest Powerball jackpots in history. The largest was a $2.04 billion prize won in California in November 2022.

The victory was initially worth $50,000, but the truck driver purchased the Power Play option, a 2X multiplier that instantly turned the prize into $100,000. Power Play is an optional add-on that can increase non-jackpot prizes depending on the multiplier randomly chosen during a Powerball drawing.

The largest Powerball jackpot ever was upwards of $2 billion in November 2022. Copyright 2025 CNN Newsource. All rights reserved.