One Powerball jackpot ticket sold in New Jersey has turned an ordinary Wednesday into a life-changing night.
The ticket matched all six numbers in the November 4, 2026, drawing, winning an estimated $847 million Powerball jackpot—the ninth-largest prize in the game’s history.
For anyone checking the Powerball jackpot today, the next drawing starts fresh at an estimated $20 million. That drawing is scheduled for Saturday, November 7, following the New Jersey win.
Here’s a closer look at the winning numbers, the winner’s payment options, and where this prize ranks among the biggest Powerball jackpots ever.
What Were the Powerball Winning Numbers?
The winning numbers for Wednesday, November 4, 2026, were:
- White balls: 15, 34, 41, 53, and 56
- Red Powerball: 21
- Power Play multiplier: 2X
A single ticket sold in New Jersey matched the full combination to claim the jackpot. The prize carries an estimated annuity value of $847 million or a cash value of $363.1 million, before taxes.
The jackpot winner was not the only player with a reason to celebrate. More than 1 million tickets won cash prizes in the drawing. Those included 25 tickets that won $50,000 and four Power Play tickets that won $100,000.
How Much Is the Powerball Jackpot Today?
The next Powerball jackpot is an estimated $20 million for Saturday, November 7. The reset follows the $847 million jackpot win in New Jersey.
That distinction matters when checking lottery headlines: $847 million is the prize won in the completed November 4 drawing, not the amount available in the next drawing.
The New Jersey win came less than three months after a ticket sold in Illinois won $1.04 billion on August 12, 2026. The Illinois and New Jersey prizes now rank eighth and ninth, respectively, in Powerball history.
How Much Will the $847 Million Winner Receive?
The ticket holder has two payment choices, and the difference is substantial.
Annuity: $847 Million Over Time
The annuity option pays the advertised $847 million through 30 increasing payments over 29 years. That means the winner receives the full advertised prize over time rather than all at once. Taxes still apply to the payments.
Cash Option: $363.1 Million Before Taxes
The lump-sum option provides $363.1 million before taxes. This is the cash alternative to the larger annuity prize—not the amount remaining after taxes are deducted.
According to Forbes, mandatory federal withholding of 24% would initially reduce the cash payout to about $276 million. However, withholding is not the same as the final tax bill. A federal marginal tax rate as high as 37% could leave approximately $228.7 million after estimated federal taxes.
New Jersey taxes would reduce that amount further. Forbes reports that the state automatically withholds 8% on lottery payouts exceeding $10,000, and the winner’s final state tax bill could be higher. The actual take-home amount depends on the winner’s tax circumstances.
The key takeaway: neither $363.1 million nor $228.7 million should be described as the winner’s final payout after all taxes.
The Top 10 Biggest Powerball Jackpots in History
The $847 million New Jersey win ranks ninth among the biggest Powerball jackpots in history. Here is a look at the top 10 prizes, including their drawing dates and the states where the winning tickets were sold:
- No. 1: $2.04 billion — A ticket sold in California won this record-setting jackpot in the November 7, 2022, drawing.
- No. 2: $1.817 billion — A ticket sold in Arkansas won this jackpot on December 24, 2025.
- No. 3: $1.787 billion — Winning tickets sold in Missouri and Texas shared this jackpot from the September 6, 2025, drawing.
- No. 4: $1.765 billion — A ticket sold in California won this prize on October 11, 2023.
- No. 5: $1.586 billion — Winning tickets sold in California, Florida, and Tennessee shared this jackpot from the January 13, 2016, drawing.
- No. 6: $1.326 billion — A ticket sold in Oregon won this jackpot on April 6, 2024.
- No. 7: $1.08 billion — A ticket sold in California won this prize in the July 19, 2023, drawing.
- No. 8: $1.04 billion — A ticket sold in Illinois won this jackpot on August 12, 2026.
- No. 9: $847 million — A ticket sold in New Jersey won this prize in the November 4, 2026, drawing.
- No. 10: $842.4 million — A ticket sold in Michigan won this jackpot on January 1, 2024.
But not all winning Powerball tickets are claimed, including a big jackpot win in California.
What Stands Out About the Rankings?
Eight Powerball jackpots have now reached at least $1 billion. California appears in four of the top-10 drawings, including the record $2.04 billion jackpot and the three-state jackpot shared in January 2016.
The list also shows how quickly a new win can change the rankings. The New Jersey prize moved into ninth place, pushing Michigan’s New Year’s Day 2024 win down to tenth.
Frequently Asked Questions
Did Anyone Win the November 4 Powerball Jackpot?
Yes. One ticket sold in New Jersey matched all five white balls and the red Powerball, winning an estimated $847 million jackpot.
What Is the Powerball Jackpot Today?
As of November 5, 2026, the next advertised Powerball jackpot is an estimated $20 million for the Saturday, November 7, drawing.
What Is the Cash Value of the $847 Million Jackpot?
The cash option is $363.1 million before federal and state taxes. The advertised $847 million amount applies to the annuity option.
Is This the Biggest Powerball Jackpot Ever?
No. The New Jersey prize ranks ninth. The largest Powerball jackpot remains the $2.04 billion prize won by a ticket sold in California in the November 7, 2022, drawing.
Should Players Check Tickets That Did Not Win the Jackpot?
Yes. Powerball reported more than 1 million prize-winning tickets in the November 4 drawing, so a ticket did not need to match all six numbers to win a cash prize.
