Powerball Jackpot Update
Powerball Jackpot Rises to $119 Million Ahead of Saturday Drawing
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A $1.04 billion Powerball jackpot was won on August 12, 2026, with tickets sold in Illinois and Florida Herald Tribune. The Illinois winner bought their ticket in Quincy. The next drawing on Saturday, August 29 offers a jackpot of $119 million, up from $96 million the week before Tallahassee.
Players matching all six numbers have a 1 in 292.2 million chance to win, no matter the jackpot size Gainesville. The cash option for Saturday's drawing is $51.1 million, up from $41.2 million previously.
How To Play Saturday's $119 Million Drawing
Powerball drawings happen every Monday, Wednesday, and Saturday at 11 p.m. ET FloridaToday. Players pick five numbers from 1 to 69, then one Powerball from 1 to 26. Matching all six wins the jackpot. Drawings include holidays and holidays with no breaks in the schedule.
Florida's Recent Powerball Success
Florida had a secondary prize winner in the August 12 drawing Jacksonville. The state regularly produces Powerball winners across its cities. Saturday's $119 million jackpot may attract more players hoping to match Florida's recent luck.
Cash Option Grows With Jackpot
Winners can take the full jackpot over time or choose a lump-sum cash option DailyCommercial. For Saturday's drawing, the cash option is $51.1 million. This jumped from $41.2 million previously as the jackpot grew PensacolaNewsJournal.
Next Drawing Follows On Monday
If no one wins Saturday's $119 million drawing, the jackpot continues to grow NewsJournal. The next Powerball drawing after Saturday is Monday, August 31. Jackpots typically increase $10 to $20 million per drawing when no winner claims the prize.
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