One lucky winner stood to take home a one-time cash prize worth $689.3 million if they chose a one-time payout. To win Powerball, players have to buy a ticket matching all five numbers and the Powerball — the odds of winning were 1 in 292,201,338 ...

Christmas Eve Powerball win in Arkansas nearly broke the record of Edwin Castro of California, who won $2.04 billion Powerball in November 2022.

The newest Powerball jackpot headline number is staggering, but the life-changing figure that really matters is the amount that lands in the winner's bank account after taxes and payout choices. A $1.