A fortunate Oregon lottery player kicked off the new year with a bang, claiming the first Powerball jackpot of 2025. Lottery officials have confirmed that the lucky individual won the grand prize during Saturday night’s drawing, securing an impressive $328.5 million.
The winner now faces an exciting decision: opt for the full annuitized jackpot of $328.5 million paid over 30 years or take the lump-sum cash option of $146.4 million—both amounts are before taxes.
With Saturday's win, the Powerball jackpot has reset to its base level of $20 million for the next drawing, scheduled for Monday night.
The Powerball lottery wrapped up 2024 with a series of thrilling jackpots. Nine winners claimed top prizes last year, including one of the biggest moments in April when three tickets split a staggering $1.3 billion jackpot. Remarkably, one of those tickets belonged to an Oregon resident who also happens to be a cancer survivor, making their story even more inspiring. The final jackpot of 2024 was won in December by a New York player, who walked away with $256 million.
The winning numbers for Saturday’s life-changing drawing, held just after 8 p.m. PT, have been eagerly awaited by lottery enthusiasts across the country. As always, Powerball participants are reminded to check their tickets and double-check the numbers carefully.
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This latest jackpot win continues to fuel the excitement and dreams of Powerball players nationwide. Whether it's the thrill of the game or the life-changing possibilities, the Powerball lottery remains a source of hope and excitement for millions.