Texas: The wait is officially over for lottery enthusiasts across the United States. Officials have selected the lottery Powerball winning numbers for the high-stakes Saturday, August 1, 2026 drawing, where an estimated $707 million jackpot ($307.3 million cash value) hung in the balance.
Below is the complete breakdown of Saturday night’s winning numbers, jackpot updates, prize payouts, and tax estimations.
Saturday, August 1, 2026 Winning Numbers
The winning numbers drawn on Saturday night at 10:59 p.m. ET at the Florida Lottery draw studio in Tallahassee were:
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White Balls: 6 – 17 – 27 – 48 – 50
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Red Powerball: 5
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Power Play Multiplier: 3x
Verification Reminder: Always double-check your physical tickets with an authorized lottery retailer or through your official state lottery app before discarding them.
Jackpot Status & Winners Breakdown
Following Saturday’s drawing, lottery officials confirmed that no single ticket matched all six numbers to claim the grand prize. As a result, the Powerball jackpot will roll over to an estimated $748 million (with a cash value option of $325.1 million) for the upcoming Monday, August 3 drawing.
While nobody took home the top prize on Saturday, several major secondary prizes were awarded across the country:
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Match 5 + Power Play ($2 Million): 1 winning ticket sold in Virginia.
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Match 5 ($1 Million): 5 winning tickets sold across California (3), Maryland (1), and Texas (1).
Powerball Prize Tier Structure & Odds
Matching all six numbers to win the Powerball jackpot comes with odds of 1 in 292.2 million. However, Powerball features nine distinct ways to win prizes on every single play.
| Match Level | Base Prize | Odds of Winning | Power Play (3x) |
| 5 White + Powerball | Jackpot | 1 in 292,201,338 | N/A |
| 5 White Balls | $1,000,000 | 1 in 11,688,053 | $2,000,000 |
| 4 White + Powerball | $50,000 | 1 in 913,129 | $150,000 |
| 4 White Balls | $100 | 1 in 36,525 | $300 |
| 3 White + Powerball | $100 | 1 in 14,494 | $300 |
| 3 White Balls | $7 | 1 in 579 | $21 |
| 2 White + Powerball | $7 | 1 in 701 | $21 |
| 1 White + Powerball | $4 | 1 in 92 | $12 |
| Powerball Only | $4 | 1 in 38 | $12 |
How Taxes Impact a Powerball Jackpot Win
Winning a massive lottery prize comes with substantial federal and state tax obligations.
Federal Tax Withholdings
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Mandatory Withholding: The IRS automatically takes a mandatory 24% federal tax withholding up front on lump-sum cash payouts. For a $307.3 million cash option, this withholding equals roughly $73.75 million.
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Top Bracket Adjustment: Because lottery jackpot winnings push the winner into the top federal income tax bracket of 37%, an additional 13% (approx. $39.95 million) will be owed when filing federal tax returns.
Net Estimated Cash Payout
After accounting for the full 37% federal tax rate, a single lump-sum winner taking $307.3 million would receive a net federal payout of approximately $193.6 million before state taxes are applied.
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No State Tax States: California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming do not levy state taxes on lottery winnings.
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State Tax Range: Other participating jurisdictions levy state taxes ranging from 2.5% (Arizona) up to 10.9% (New York).
Mega Millions Jackpot Comparison
In addition to the growing Powerball jackpot, players are tracking the Mega Millions jackpot. Following recent drawings, the estimated Mega Ball jackpot sits at $60 million.
Mega Millions drawings take place twice weekly on Tuesday and Friday nights at 11:00 p.m. ET.
Frequently Asked Questions (FAQs)
Lottery Powerball Winning Numbers: Results and Jackpot Analysis for Saturday, August 1, 2026
The winning numbers for August 1, 2026, were 6 – 17 – 27 – 48 – 50 with a red Powerball of 5 and a Power Play multiplier of 3x.
When is the next Powerball drawing?
The next drawing will take place on Monday, August 3, 2026, at 10:59 p.m. ET. Drawings occur three days a week: Monday, Wednesday, and Saturday.
Did anyone win the $707 million Powerball jackpot on August 1?
No ticket matched all five white balls and the red Powerball. The jackpot now rolls over to an estimated $748 million for Monday’s drawing.
How much does a Powerball ticket cost?
A standard Powerball play costs $2.00. Adding the optional Power Play feature costs an additional $1.00 per play (totaling $3.00).
How late can you buy Powerball tickets on drawing nights?
Ticket cutoff times vary by state lottery jurisdiction but generally range from 1 to 2 hours before the 10:59 p.m. ET drawing time. Check with your local lottery retailer or state website for exact deadlines.
