An estimated $605 million Powerball jackpot is up for grabs, with a cash option of $273.4 million, marking what could become the fifth jackpot win of 2025 and the largest prize of the year, according to the Powerball website.

The Powerball jackpot has hit the high-water mark of $605 million, attracting players for the highly anticipated drawing on Monday, Aug. 18 at 11 p.m. ET. The grand prize, though sizeable, still has a way to go before it can rank among the top ten Powerball jackpots.

The odds of winning the Powerball jackpot are one in 292.2 million. The odds of matching all five white balls and winning the $1 million prize are 1 in 11,688,053. The overall odds of winning a prize are 1 in 24.87.