If you've ever stopped at a convenience store, deli, or gas station in New Jersey, you've probably seen someone picking up a Powerball ticket. So I probably will grab a Powerball ticket for Saturday's drawing. What Is The Current Powerball Lottery Jackpot? The current Powerball jackpot is approaching nearly 1 Billion Dollars! According to ABC Newx, "The Powerball jackpot has continued its summer surge, reaching an estimated $856 million ahead of Saturday night's drawing.