Powerball jackpot surges to $416 million for July 6 drawing – What the winner could actually take home on Monday night

Powerball players across the United States are keeping a close eye on the growing jackpot after no ticket matched all six numbers in Saturday night’s drawing. The rollover has pushed the estimated grand prize for the July 6 drawing to $416 million, adding fresh excitement for lottery players nationwide. The next winner will have two payout choices. The first is the annuity option, which delivers the full estimated jackpot through annual payments over 30 years. The second option is a lump-sum cash payment, currently estimated at about $186.6 million before federal and state taxes are applied.

Even with the huge prize, the odds of winning remain extremely slim. The chance of matching all six Powerball numbers is approximately 1 in 292.2 million. Tickets are available in most US states, along with Washington, DC, Puerto Rico, and the US Virgin Islands.

Powerball has continued to draw strong interest throughout 2026, partly due to several major winners earlier in the year. A player in North Carolina won a $209.3 million jackpot in January, followed by a $250.8 million winning ticket in Arkansas in March. In April, a ticket sold in Delaware claimed a $231 million prize.
Additional large payouts and shared winnings in recent months have also kept excitement high among players.

With no jackpot winner in the latest drawing, the prize pool continues to grow. Bigger jackpots often bring increased attention, encouraging more people to buy tickets and imagine the possibility that one lucky purchase could completely change their lives.

Powerball winning numbers for July 4
The winning numbers for July 4 (Saturday): 17-38-46-50-69 and the Powerball is: 20. The Powerplay was 2X.When is the next Powerball drawing?

The next drawing will take place July 6, Monday. Drawings are held three times per week at approximately 10:59 PM ET every Monday, Wednesday, and Saturday.

What is the Powerball payout?

• Match 5 White Balls + Powerball: Jackpot
• Match 5 White Balls: $1 million
• Match 4 White Balls + Powerball: $50,000
• Match 4 White Balls: $100
• Match 3 White Balls + Powerball: $100
• Match 3 White Balls: $7
• Match 2 White Balls + Powerball: $7
• Match 1 White Ball + Powerball: $4
• Match Powerball: $4
• Match 5 White Balls with Power Play: $2 million
• Match 4 White Balls + Powerball with Power Play: $200,000
• Match 4 White Balls with Power Play: $400
• Match 3 White Balls + Powerball with Power Play: $400
• Match 3 White Balls with Power Play: $28
• Match 2 White Balls + Powerball with Power Play: $28
• Match 1 White Ball + Powerball with Power Play: $16
• Match Powerball with Power Play: $16

Deadline to buy Powerball tickets

The Powerball ticket purchase deadline varies by state, so one shouldn’t wait until the last minute. In New Jersey, sales close at 9:59PM on the day of the drawing, while in New York, the cutoff is 10PM.

How to play Powerball?

Powerball tickets cost $2 each, with an optional Power Play for an additional $1, which can multiply non-jackpot prizes by up to 5x (except for the jackpot and Match 5), and up to 10x if the jackpot is under $150 million.

Each player chooses five numbers from 1 to 69 for the white balls and one number from 1 to 26 for the red Powerball. A quick pick option is also available by the lottery machine which randomly generates numbers.

Prizes range from $4 for matching only the Powerball to $1 million for matching all five white balls (except in California), and the jackpot for matching all six numbers.

How many states have Powerball?

Powerball is available in 45 states, along with Washington, DC, Puerto Rico, and the US Virgin Islands, making it one of the most widely played lottery games in the United States.

How to buy Powerball tickets?

Powerball tickets can be bought in person at gas stations, convenience stores, grocery stores, and some airport terminals.

Alternatively, tickets can be purchased online through the Jackpocket app in select states: Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, Washington DC, and West Virginia.

The Jackpocket app lets players choose their game and numbers, place orders, view tickets, and collect winnings directly from their phone or home computer, providing a convenient digital alternative to in-person purchases.