Powerball Jackpot Winner Illinois: $1.04 Billion Prize Claimed in Quincy, Florida Secures $1 Million
For the 15th time in U.S. lottery history, a staggering jackpot crossed the billion-dollar mark, capturing nationwide attention and turning a single ticket holder in Illinois into an overnight billionaire. Following the high-stakes Powerball drawing on Wednesday, August 12, 2026, officials confirmed that a single ticket sold in Quincy, Illinois, matched all six winning numbers to claim the enormous $1.04 billion jackpot prize.
While the top grand prize landed in the Midwest, secondary prize tier winners across the country—including a lucky ticket holder in Florida who scored a $1 million payout—are also celebrating life-changing windfall claims. The multi-state lottery drawing caps off a multi-month rollover run that generated tens of millions of dollars in educational funding and state lottery revenue.
Winning Powerball Numbers and Drawing Breakdown
The winning Powerball numbers for the Wednesday, August 12, 2026 drawing were 4, 26, 66, 67, 69, with a Powerball of 9 and a Power Play multiplier of 2x.
Winning Numbers: 04 - 26 - 66 - 67 - 69
Powerball: 09
Power Play: 2x
Jackpot Total: $1,040,200,000 ($1.04 Billion)
Cash Option: $450,500,000 (Pre-tax lump sum)
The grand prize accumulated over several months of consecutive drawings without a jackpot winner, following a previous $800 million jackpot win in Florida late last month. Final ticket sales surges leading up to the 10:59 p.m. ET drawing pushed the official jackpot total to $1.04 billion.
$1.04 Billion Ticket Sold at Hy-Vee Gas in Quincy, Illinois
Illinois Lottery officials revealed Thursday morning that the $1.04 billion winning ticket was purchased at Hy-Vee Gas, located at 310 N. 36th Street in Quincy, Illinois.
Retailer Location: Hy-Vee Gas (310 N. 36th St., Quincy, IL)
Retailer Bonus: $500,000 cash bonus for selling the ticket
State Revenue: $21.5+ million generated for Illinois Common School Fund
Claim Window: 1 year from drawing date (August 12, 2027)
The retailer that sold the lucky ticket will receive a $500,000 cash bonus from the state lottery commission. Illinois Lottery Director Harold Mays praised the result, noting that in addition to changing a player’s life, ticket sales during this jackpot run generated over $21.5 million for the Illinois Common School Fund to support K–12 public education statewide.
This $1.04 billion prize represents the second-largest lottery jackpot ever won in Illinois state history, trailing only a $1.337 Billion Mega Millions jackpot won in July 2022.
Florida Winner Scores $1 Million Secondary Prize
In addition to the grand prize winner in Illinois, second-tier prize winners matched all five white ball numbers (5+0) to win $1 million or $2 million payouts.
Overview of Secondary Tier Winners
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$2 Million (Match 5 + Power Play): 1 ticket sold in Massachusetts.
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$1 Million (Match 5): 4 tickets sold in Florida, California, Arizona, and North Carolina.
The $1 million Florida winning ticket continues a remarkable lucky streak for the Sunshine State. Just days prior, on August 8, another Florida player matched five white balls to claim $1 million, while an $800 million jackpot ticket was claimed in Florida in late July.
| State | Prize Level | Winning Match | Power Play Added? | Total Payout |
| Illinois | Grand Jackpot | 5 White + Powerball | No | $1.04 Billion |
| Massachusetts | Match 5 Tier | 5 White Balls | Yes (2x) | $2,000,000 |
| Florida | Match 5 Tier | 5 White Balls | No | $1,000,000 |
| California | Match 5 Tier | 5 White Balls | No | $1,000,000 |
| Arizona | Match 5 Tier | 5 White Balls | No | $1,000,000 |
| North Carolina | Match 5 Tier | 5 White Balls | No | $1,000,000 |
Payout Analysis: Cash Option vs. Annuity Option
The winner of the $1.04 billion jackpot faces a major financial choice: electing to receive the grand prize as an annuity paid over 29 years (30 payments total) or taking an immediate lump-sum cash payout.
Annuity Structure: 30 payments over 29 years, increasing by 5% annually
Gross Annuity Total: $1,040,200,000
Lump-Sum Cash Option: $450,500,000
Estimated Tax Breakdown for Illinois Winner
When claiming the lump-sum cash option of $450.5 million, automatic mandatory withholdings apply immediately before the check is issued:
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Federal Mandatory Withholding (24%): Approximately $108,120,000 withheld immediately.
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Additional Federal Income Tax (37% Top Bracket): Remaining tax obligations at filing time add roughly $58,520,957.
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Illinois State Income Tax (4.95%): Flat state income tax takes approximately $22,299,750.
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Estimated Net Lump-Sum Payout: Approximately $261,559,293.
If the winner chooses the 30-year annuity option, the initial year’s gross payment will be around $15.65 million, scaling up each year to top $50 million by year 30.
Top 10 Largest U.S. Lottery Jackpots in History
With this latest $1.04 billion victory, Powerball continues to dominate the record books for massive American gambling windfalls.
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$2.04 Billion (Powerball) – Nov. 7, 2022 (California)
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$1.817 Billion (Powerball) – Dec. 24, 2025 (Arkansas)
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$1.787 Billion (Powerball) – Sept. 6, 2025 (Missouri & Texas)
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$1.765 Billion (Powerball) – Oct. 11, 2023 (California)
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$1.602 Billion (Mega Millions) – Aug. 8, 2023 (Florida)
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$1.586 Billion (Powerball) – Jan. 13, 2016 (CA, FL, TN)
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$1.537 Billion (Mega Millions) – Oct. 23, 2018 (South Carolina)
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$1.348 Billion (Mega Millions) – Jan. 13, 2023 (Maine)
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$1.337 Billion (Mega Millions) – July 29, 2022 (Illinois)
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$1.326 Billion (Powerball) – April 6, 2024 (Oregon)
How to Claim Florida and Illinois Lottery Prizes
Winners holding secondary or grand prize tickets must follow specific state lottery guidelines to claim their winnings securely.
Claiming a $1 Million Prize in Florida
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Validation Window: Florida scratch-off and draw game winners have 180 days from the drawing date to claim prizes.
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Location: Prizes over $250,000 must be claimed in person at Florida Lottery Headquarters in Tallahassee.
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Anonymity Rules: Under Florida law, the names of lottery winners who claim prizes of $250,000 or more remain exempt from public record disclosure for 90 days from the date the prize is claimed, allowing time to arrange financial and security planning.
Claiming the Jackpot in Illinois
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Validation Window: Illinois draw game winners have up to 1 year from the drawing date to present the winning ticket.
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Anonymity Rules: Illinois law allows winners of prizes $250,000 or greater to request that their name and city of residence remain confidential to protect personal privacy and safety.
Frequently Asked Questions (FAQs)
What were the winning numbers for the $1.04 billion Powerball drawing?
The winning numbers drawn on Wednesday, August 12, 2026, were 4, 26, 66, 67, 69, with Powerball 9 and Power Play multiplier 2x.
Where was the $1 billion Powerball ticket sold?
The jackpot-winning ticket was purchased at the Hy-Vee Gas station at 310 N. 36th Street in Quincy, Illinois.
How much cash does the Powerball winner get after taxes?
The pre-tax cash value is $450.5 million. After combined federal (37%) and state (4.95%) income taxes, the net lump-sum payout in Illinois is estimated at approximately $261.5 million.
What is the next Powerball jackpot amount?
Following the jackpot hit, the Powerball grand prize resets to its base annuity amount of $20 million ($8.7 million cash value) for the next drawing on Saturday, August 15, 2026.
Lottery officials strongly urge players who purchased tickets for the August 12 drawing to carefully check their numbers. Anyone holding a winning ticket should immediately sign the back of the ticket, keep it stored in a secure location, and consult with certified financial planners and legal counsel before contacting state lottery officials to initiate the claim process.