Illinois Powerball Player Wins $1 Billion Jackpot—Here’s What They Could Take Home

Aug 13, 2026 11:58 AM - 1 hour ago 1

Topline

A Powerball summons purchaser from Illinois won the $1.04 cardinal jackpot connected Wednesday night—the biggest lottery prize of 2026 truthful far—although they are group to return location a overmuch smaller magnitude aft taxes and deductions.

A advertisement displays the estimated Powerball jackpot, successful Philadelphia.

Copyright 2026 The Associated Press. All authorities reserved.

Key Facts

The six winning numbers drawn connected Wednesday nighttime were 4, 26, 66, 67, 69 and Red Powerball 9.

After the victor comes forward, they will person to take betwixt receiving the $1.04 cardinal payout dispersed crossed 30 yearly installments aliases a one-time rate prize of $450.5 million—the preferred prime for astir winners.

If they take the lump-sum payment, the winnings will first driblet to astir $342.4 cardinal aft a mandatory 24% national withholding.

The victor is past apt to look a national marginal complaint arsenic precocious arsenic 37%, depending connected their wide taxable income, further cutting their winnings to $283.8 million.

If they prime the installment route, the winner’s yearly payments of astir $34.7 cardinal would driblet to $21.8 cardinal aft the 37% national marginal taxation complaint is applied.

Illinois is among the states that taxation lottery winnings and the victor will person to salary a level 4.95% complaint connected the full winnings—which for the lumpsum salary retired would beryllium $22.3 million—which will beryllium automatically withheld erstwhile they cod their prize.

Key Background

This is the biggest lottery prize of the twelvemonth truthful far, pipping an $800 million Mega Millions jackpot that was won by a Florida summons purchaser past Tuesday. Among Powerball jackpots 2026’s biggest 1 anterior to this was a $250.8 cardinal prize won by a lottery subordinate from Arkansas.

Big Number

1-in-292.2 million. Those are the abysmal likelihood the Illinois summons purchaser had to flooded to triumph the Powerball jackpot connected Wednesday night. This is moreover worse than the Mega Millions lottery’s already mediocre likelihood of 1-in-290.4 million.

Tangent

Last month, the Powerball Jackpot was expanded to see players from the U.K. for the first time, which officials person said will lead to “faster-growing jackpots,” pinch the further summons income adding to the prize pool. In the arena a U.K. subordinate had emerged arsenic the victor of the jackpot, they would person only had the action of receiving the prize dispersed crossed 30 yearly installments. The jackpot prize advertised by the U.K. National Lottery earlier Wednesday night’s tie was astir £503 cardinal ($679.5 million). While it appears little than the $1 cardinal advertised U.S. prize, officials successful the U.K. statement this reflected the estimated magnitude a victor would person complete a 30-year period, “after speech rates and UK taxation requirements person been taken into account.”

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