articleThe Brief Powerball jackpot surges to an estimated $1 billion ahead of the next drawing. The Powerball jackpot has reached an estimated $1 billion ahead of the next drawing, according to lottery officials. It's currently the eighth-largest in the game's history and the largest Powerball jackpot of 2026, according to lottery officials. The largest Powerball jackpot ever was a massive $2.04 billion won by a single ticket sold in California on Nov. 7, 2022. The 10 largest Powerball jackpots$2.04 billion – Nov. 7, 2022 – California $1.817 billion – Dec. 24, 2025 - Arkansas $1.787 billion – Sept. 6, 2025 – Missouri, Texas $1.765 billion – Oct. 11, 2023 - California $1.586 billion – Jan. 13, 2016 – California, Florida, Tennessee $1.326 billion – April 6, 2024 – Oregon $1.08 billion – July 19, 2023 – California $1 billion (est.)