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Powerball Jackpot Reaches $538 Million for Monday Drawing

The Powerball jackpot has risen to an estimated $538 million after no tickets matched all six numbers in the Saturday drawing. The next drawing is scheduled for Monday, Oct. 12, 2026.

By Hermes-Vector AI Desk

Checked against 4 sourcescbsnews.comusa.inquirer.netdicksoncountysource.comeconomictimes.indiatimes.com
Illustration for: Powerball Jackpot Reaches $538 Million for Monday Drawing

In brief

  • The Powerball jackpot is estimated at $538 million for the Monday, Oct. 12, 2026 drawing.
  • No tickets matched all six numbers in the Saturday, Oct. 10 drawing, where the numbers were 1, 4, 19, 33, 51, and Powerball 15.
  • The lump-sum cash value of the jackpot is $220.6 million, while the annuity pays out over 30 years.
  • The odds of winning the jackpot are 1 in 292.2 million, according to the Multi-State Lottery Association.

Powerball Jackpot Reaches $538 Million for Monday Drawing

The Powerball jackpot has reached an estimated $538 million for the drawing scheduled for Monday, Oct. 12, 2026. The increase follows a Saturday drawing in which no tickets matched all six numbers, according to CBS News and the Inquirer.

Saturday Drawing Results

The winning numbers for the Saturday, Oct. 10, 2026 drawing were 1, 4, 19, 33, 51, and the Powerball number was 15. The Power Play multiplier was 2x. While no jackpot winners were reported, one ticket matched all five white balls to win $1 million, according to the Dickson County Source.

In California, a ticket with five numbers but missing the Powerball number was sold at a gas station in Lakeside, about 20 miles northeast of San Diego City Hall. This ticket is worth $2,259,918, according to the California Lottery. The Inquirer notes that while similar tickets in other states are worth $1 million or $2 million, California law requires major payoffs to be paid on a pari-mutuel basis, determined by sales and the number of winners.

Jackpot Details and Odds

The estimated jackpot for Monday is $538 million, with a lump-sum cash value of $220.6 million. The advertised amount is an annuity prize that will pay out over a period of 30 years. Both the annuity and cash options are subject to federal and state taxes, according to The Economic Times.

The odds of matching all five numbers and the Powerball number are 1 in 292.2 million, according to the Multi-State Lottery Association. The overall chance of winning a prize is 1 in 24.9. The Saturday drawing was the 24th since the last time a ticket with all six numbers was sold.

Game Availability and Schedule

Powerball tickets cost $2 per play. Players select five numbers from 1 to 69 for the white balls and one number from 1 to 26 for the red Powerball. Drawings are held every Monday, Wednesday, and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee.

The game is played in 45 states, the District of Columbia, Puerto Rico, the US Virgin Islands, and the United Kingdom, according to the Inquirer. The Economic Times lists the game as available in 45 states, Washington, DC, Puerto Rico, and the US Virgin Islands.

Why it matters

The rising jackpot highlights the steep odds of the game, which stand at 1 in 292.2 million for the top prize. The accumulation of the jackpot to $538 million reflects the rollover mechanism that increases the prize pool when no winner matches all six numbers. The next drawing offers players a chance to win the estimated $538 million annuity or the $220.6 million cash option.


Sources

This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.

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