When is the Powerball drawing tonight at 10:59 PM ET with $1.1 billion jackpot on the line, and what are your real odds of winning?

The Powerball drawing tonight at 10:59 PM ET offers a life-changing chance to win the $1.1 billion jackpot, the sixth largest in the game’s history. With a cash value of $503.4 million, this massive prize comes after no winner emerged from Saturday’s drawing. Players across 45 states and territories will be watching as the numbers are drawn live from the Florida Lottery draw studio in Tallahassee.

Understanding Your Powerball Odds Tonight

The odds of winning the $1.1 billion Powerball jackpot stand at an astronomical 1 in 292.2 million, but that hasn’t stopped millions from trying. Players must match five white ball numbers between 1 and 69, plus the red Powerball number between 1 and 26 to claim the grand prize.

Despite the incredibly slim odds, the overall odds of winning any prize are much more favorable at 1 in 24.9. This means many players will win smaller prizes, ranging from $4 for matching just the Powerball to $1 million for matching five white balls without the Powerball number.

Tonight’s Powerball Drawing: Numbers, Time, and How to Play

The drawing takes place every Monday, Wednesday, and Saturday at 10:59 PM ET, with live streaming available at Powerball.com. Tickets cost just $2 per play and must be purchased before 10:00 PM ET on the night of the drawing, though cutoff times vary by state and retailer.

To play Powerball, select five numbers from 1-69 for the white balls and one number from 1-26 for the red Powerball. You can choose your own numbers or opt for Quick Pick to have the terminal randomly select them. The optional Power Play multiplier (this drawing features 2x) can boost non-jackpot winnings significantly.

Prize Level	Numbers Matched	Base Prize
Jackpot	5 + Powerball	$1.1 billion
Second Prize	5 Numbers	$1 million
Third Prize	4 + Powerball	$50,000
Lowest Prize	Powerball Only	$4

How the $1.1 Billion Jackpot Grew After Saturday’s Drawing

The $1.1 billion prize represents the second billion-dollar jackpot of 2025, accumulating after no ticket matched all six winning numbers in Saturday’s December 13 drawing. Those numbers were 1, 28, 31, 57, and 58 with a Powerball of 16, suggesting players should diversify their selections tonight.

The jackpot has grown steadily through multiple non-winning draws, making tonight’s drawing especially attractive for players. While the odds remain unchanged at 1 in 292.2 million, the massive prize pool means even partial matches could yield significant secondary prizes across multiple winning tickets nationwide.

“Powerball drawings are held every Monday, Wednesday and Saturday at 10:59 pm ET from the Florida Lottery draw studio in Tallahassee.”

— Powerball Official, Drawing Operator

What Happens if You Win the $1.1 Billion Powerball Tonight?

Winners have 60 days from the drawing to decide between an immediate lump-sum cash payment of $503.4 million or the annuity option paying $1.1 billion over 30 years. Federal taxes will claim approximately 37% of the prize, with an additional state income tax depending on where the ticket was purchased.

The cash value option provides instant access to funds, making it popular among winners who want immediate purchasing power. The annuity option, paid in annual installments with growth built in, appeals to those seeking guaranteed long-term financial security.

Will You Try Your Luck in Tonight’s Powerball Drawing at 10:59 PM ET?

With the sixth largest jackpot in Powerball history on the line, millions of players will purchase tickets before the 10:00 PM ET cutoff today. Remember that while the odds of winning are slim at 1 in 292.2 million, someone eventually wins these massive prizes, and it could be the holder of any ticket purchased tonight.

Whether you play for the dream of life-changing wealth or simply enjoy the entertainment value, Powerball remains one of America’s most popular lotteries. Draws happen three times weekly, offering consistent chances to participate in the excitement of possibly winning big.

Sources

• Powerball Official Website – Official drawing information and rules
• NBC Miami – December 15, 2025 jackpot and odds verification
• NC Lottery – Verified jackpot amounts and cash value details