Powerball Jackpot at $126M for Feb 11 Drawing

The Powerball jackpot has rolled over once again, reaching an estimated $126 million (annuity value) for the Wednesday, February 11, 2026, drawing after no ticket matched all six numbers in the previous drawing. This marks another exciting opportunity for players nationwide, with the cash option estimated at around $58–62 million before taxes (exact figures depend on final ticket sales and state withholdings).

How the Jackpot Works and Potential Payouts

• Annuity Option: The advertised $126 million is paid out over 30 graduated annual payments (initial payment ~$2–3 million, increasing ~5% each year). This is the default unless the winner chooses cash.
• Cash Lump Sum: Winners often opt for the immediate payout, which is typically 40–50% of the annuity value after federal taxes (~24–37% withholding) and state taxes (0–13% depending on residence). For a $126M jackpot, the take-home could range from $40–70 million post-taxes, varying by location and choices.
• Odds Reminder: The chance of winning the grand prize is about 1 in 292.2 million—still a long shot, but smaller prizes (matching 3–5 numbers + Powerball) offer better odds and fixed payouts.

Recent Drawing Recap

Monday night’s numbers did not produce a jackpot winner, but there were multiple secondary prizes:

• Several tickets matched 5 white balls (no Powerball) for $1 million each.
• Lower-tier wins ranged from $4 (just Powerball) to $50,000+ for partial matches.

The drawing occurs at 10:59 p.m. ET / 7:59 p.m. PT on Wednesdays and Saturdays. Tickets cost $2 (or $3 with Power Play multiplier), available in 45 states, D.C., Puerto Rico, and the U.S. Virgin Islands.

Tips for Players

• Check tickets promptly via official apps, websites, or retailers.
• Sign the back of winning tickets immediately.
• Claim deadlines vary by state (typically 90 days to 1 year).
• For large wins, consult financial advisors and consider anonymity options where allowed.

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