Updated Aug 31, 2025 - Economy

Powerball jackpot increases to $1 billion for Saturday's drawing

Add Axios as your preferred source to

see more of our stories on Google.

Screen showing a red background with yellow text "JACKPOT ALERT!" and white text "$1 Billion" for Florida Powerball lottery, with lottery balls faintly visible behind.

The Powerball jackpot grew to an estimated $1 billion on Aug. 29, 2025. Photo: Courtesy of Bruce Tyko

What to read next