The Powerball jackpot has climbed to an estimated $674 million after no ticket matched all the numbers drawn on Wednesday, October 21, 2026. With the top prize rolling over, players across the country are turning their attention to the next drawing scheduled for Saturday, October 24, 2026.
Players who opt for the lump-sum payment will receive an estimated cash option of $283.9 million before federal and state taxes. This grand prize run has now reached 30 consecutive drawings without a winner. The last major jackpot hit occurred on August 12, 2026, in Illinois for $1.04 billion.
Recap of the Wednesday, October 21 Drawing
The October 21 drawing offered a previous top prize of $639 million. The winning numbers were 1, 21, 44, 50, and 57. The red Powerball number was 5, and the Power Play multiplier was 2x, according to official results from the Multi-State Lottery Association.
No single ticket matched all six numbers to claim the jackpot. However, several players won substantial secondary prizes:
- Ohio: One ticket matched all five white balls and included the Power Play option, securing a $2 million prize.
- Pennsylvania: One ticket matched all five white balls with the Power Play option, also winning $2 million.
- New Jersey: One ticket matched all five white balls without the Power Play, winning a standard $1 million prize.
The $674 Million Payout Options
The advertised $674 million jackpot is an annuity estimate. Winners who choose this option receive one immediate payment followed by 29 annual payments. Each annual payment increases by 5 percent until the full amount is distributed.
Most major lottery winners choose the cash option instead. The estimated single lump-sum payout of $283.9 million is subject to mandatory federal withholding taxes. This includes a top bracket rate of 37 percent, with 24 percent withheld immediately at the time of payout. Winners are also responsible for state and local taxes based on where they purchased the ticket.
Powerball Schedule and Odds
Powerball holds drawings three times a week on Mondays, Wednesdays, and Saturdays at 10:59 PM Eastern Time. Ticket sales usually close one to two hours before the drawing, depending on local state lottery regulations.
The overall odds of winning any prize in the Powerball game are 1 in 24.87. The odds of matching all five white balls and the red Powerball to win the jackpot are 1 in 292,201,338. Lottery officials remind participants to play responsibly and verify all winning tickets through official state lottery channels.
Frequently Asked Questions
What is the current Powerball jackpot?
The estimated Powerball jackpot for the Saturday, October 24, 2026, drawing is $674 million.
What is the cash value option?
The estimated one-time cash option for the $674 million jackpot is $283.9 million before federal and state taxes.
When is the next Powerball drawing?
The next drawing is scheduled for Saturday, October 24, 2026, at 10:59 PM Eastern Time.
What were the winning numbers for the last drawing?
The winning numbers for the Wednesday, October 21, 2026, drawing were 1, 21, 44, 50, and 57. The Powerball number was 5, and the Power Play was 2x.
How much did secondary ticket holders win on October 21?
Three tickets matched all five white numbers to win major prizes: $2 million each for tickets in Ohio and Pennsylvania using the 2x Power Play, and $1 million for a ticket in New Jersey.
