Today : Mar 19, 2025
U.S. News
18 March 2025

Powerball Jackpot Hits $398 Million; Next Drawing Promises $416 Million

St. Patrick’s Day drawing results yield no jackpot winner, keeping the buzz alive for another massive payday.

The Powerball jackpot for Monday, March 17, 2025, reached $398 million, but the grand prize remains unclaimed as nobody matched all six winning numbers drawn during the latest round. The delay has kept the excitement alive, with the next drawing poised to increase the jackpot to $416 million.

Lottery enthusiasts were anticipating potential luck on St. Patrick's Day, with many believing the day could bring some fortune. The numbers drawn were 11, 18, 23, 38, 60, and the Powerball was 9, with Power Play set at 2x. This combination, alas, failed to generate a jackpot winner, continuing the streak of unclaimed prizes.

The prizes from the previous draw still offered plenty of winnings. While the jackpot rolled over to the upcoming drawing, there were notable payouts for other players across the nation. For example, two tickets from Colorado and Pennsylvania matched five numbers and won $1 million each. A Texas ticket also matched five numbers with the Power Play option to win $2 million.

This positive trend reflects the lottery's fluctuative nature. Just earlier this year, on January 20, 2025, the jackpot reset to $20 million after being won at $331 million by a lucky player from Oregon. Over recent weeks, the jackpot has skyrocketed from this modest amount, continuing to draw interest.

The Powerball lottery, which conducts its drawings three times weekly, at 11 p.m. EST on Mondays, Wednesdays, and Saturdays, is known for its eye-popping sums. The upcoming drawing on Wednesday, March 19, promises an exciting opportunity for players, as it offers rich chances against the backdrop of colossal wins.

Typically, winners face difficult financial decisions when selecting how to receive their windfall. For the illustration of the new potential jackpot, players can opt for the full $416 million paid over 30 years, or the significantly smaller lump-sum option. Should they choose the latter, they will only walk away with about $194.1 million before taxes—once the lottery commission holds back mandatory federal tax withholdings, their sums may plummet even more to approximately $122.3 million.

The tax consequences are certainly staggering. The cash payout diminishes by 24% immediately, meaning winning amounts are subject to future taxation, which plays havoc on the overall earnings for the winner. Winning tickets also carry varied state-imposed taxes. Some states exempt lottery winnings entirely, such as Texas and Florida, whereas others can impose as much as 10.9% tax, like New York.

With odds of winning the Powerball jackpot standing at 1-in-292.2 million, it’s no wonder ticket sales are popular, as players dream of what they would do with their winnings. Historical records show the Powerball has produced some of the largest jackpots ever seen. Recently, the Powerball list includes the most sizable winnings, like $2.04 billion won on November 7, 2022, by Edwin Castro from California. Other hefty payouts were $1.33 billion on April 6, 2024, and $1.586 billion awarded on January 13, 2016, round out the highest totals.

This year has witnessed its own rapid growth. The jackpot surged to reach heights unprecedented for 2025. The increase began with Martin Luther King Jr. Day, when the jackpot rose from its supportable entry points on January 20, reaching $20 million before clocking higher than the $300 million mark.

With the current drawing reaching its anticipated heights, the Powerball’s allure remains as potent as ever. Their calculation of winners has proved hearty. Records from the Ohio Lottery detailed winners, citing 15 individuals claimed $200, 19 took home $100, 398 won $14, followed by 4,569 with $8, 789 at $7 and 8,988 more snagged $4. Such speculation keeps players urging for their piece of fortune.

Moving forward to Wednesday from St. Patrick's Day, as the lottery remains hot, participants will look to speculation about whether the jackpot will finally be claimed or continue its creep upwards with another enormous rollover.

More than just numbers, the excitement over this lottery entwines with community spirit, impacting local economies. Lotteries have their origins steeped in charity; these games have seeded opportunities to support community projects through proceeds from the sales of tickets. Reports clarify how many local states direct their revenue to educational purposes among others.

So when players swipe their fingers penning their lucky number combinations or racing to their local stores to purchase tickets, it is about more than standing to become whole life-changers; it’s really also about contributing to larger societal needs. With millions on the line and local stakes tied to the thrill of winning, the Powerball remains one of the most enticing forms of entertainment today.