{"id":28056,"date":"2025-09-05T18:45:19","date_gmt":"2025-09-05T22:45:19","guid":{"rendered":"https:\/\/design-providers.com\/rise\/what-a-1-8b-powerball-jackpot-would-pay-in-pa-nj\/"},"modified":"2025-09-05T18:45:19","modified_gmt":"2025-09-05T22:45:19","slug":"what-a-1-8b-powerball-jackpot-would-pay-in-pa-nj","status":"publish","type":"post","link":"https:\/\/design-providers.com\/rise\/what-a-1-8b-powerball-jackpot-would-pay-in-pa-nj\/","title":{"rendered":"What a $1.8B Powerball jackpot would pay in PA, NJ"},"content":{"rendered":"

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The Powerball jackpot<\/a> for Saturday night has soared to a whopping $1.8 billion after no one won the big prize Wednesday.\u00a0<\/p>\n

The Powerball prize is the second-largest U.S. lottery jackpot, behind the $2.04 billion Powerball jackpot won on Nov. 7, 2022 in California<\/a>.\u00a0<\/p>\n

No one has won the grand prize since May 31, and the 42nd drawing on Saturday will set the record for the most consecutive drawings without a big winner.<\/p>\n

SUGGESTED: <\/strong>Powerball jackpot jumps to $1.8B; now second-largest ever<\/strong><\/p>\n

The $1.8 billion is for a winner who opts to receive 30 payments over 29 years through an annuity. Jackpot winners almost always choose the game’s cash option, which for this drawing would be an estimated $826.4 million, before taxes.<\/p>\n

RELATED: <\/strong>Powerball jackpot jumps to $1.8B; now second-largest ever<\/strong><\/a><\/p>\n

How Powerball works<\/h2>\n

The backstory:<\/p>\n

Powerball tickets cost $2, and the game is offered in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands. The odds of winning the jackpot are 1 in 292.2 million.<\/p>\n

Powerball drawings are broadcast live every Monday, Wednesday, and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee. Powerball drawings are also live streamed on Powerball.com.<\/p>\n

Powerball jackpot payouts by state<\/h2>\n

Local perspective:<\/p>\n

If you hit it big and win the jackpot, the amount of money you get will depend on where you live. According to the\u00a0USA Mega<\/a> website, lottery winnings aren\u2019t subject to state taxes in eight states: California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.\u00a0<\/p>\n

RELATED: <\/strong>Man scores 2 wins from one Powerball lottery drawing, landing him $2M<\/strong><\/a><\/p>\n

Meanwhile, other states like New Jersey and Oregon tax lottery winnings at 10.75% and 9.9%, respectively.\u00a0<\/p>\n

Powerball is not played in Alabama, Alaska, Hawaii, Nevada and Utah.<\/p>\n

Here\u2019s a breakdown of what you would get paid in each state if you won the $1.8-billion Powerball jackpot.\u00a0<\/p>\n

Pennsylvania<\/h3>\n