LANSING, Mich. (WNEM) - Cash is still piling up in the Powerball jackpot which stands at $700 million with a cash option of $316 million for Saturday’s drawing.

If a player wins Saturday’s jackpot, the Michigan Lottery said it will be the fifth time the jackpot has been won in 2025, and it would also mark the largest jackpot won in over a year. The Aug. 23 drawing will be the 36th drawing since the jackpot was last won on May 31 when one ticket purchased in California won the $204.5 million jackpot.

The Michigan Lottery said the Powerball jackpot was last won in Michigan on Jan. 1, 2024, by a mid-Michigan lottery club. The club won the $824.4 million Powerball jackpot, the largest Powerball prize ever won in Michigan, with a ticket purchased in Grand Blanc.

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