The Powerball jackpot has leaped to $1.3 billion after there were no big grand prize winners in Monday’s drawing.

Monday’s winning numbers were 8, 23, 25, 40, 53 WITH A RED POWERBALL OF 5 AND A POWERPLAY MULTIPLIER OF 3. That resulted in two $2 million winners across Montana and North Carolina and ten $1 million winners from Florida, California, New Jersey (two), Kentucky, Massachusetts, Michigan, New York, Pennsylvania and Virginia.

The $1.3 billion jackpot is for an annuity option, paid over 30 years. Winners almost always opt for the lump-sum cash prize, which for Powerball would be $589 million cash.

The prize is subject to taxes, which includes an automatic withholding tax of 24% levied against the winnings, and another 13% in federal taxes when you file your 2025 return.

There ar

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