Powerball Resets to $20 Million Following $1 Billion Win in Illinois; UK Players Can Now Compete

A single lottery ticket sold at a Hy-Vee gas station in Quincy, Illinois, has claimed a $1.04 billion Powerball jackpot, according to Des Moines Register. The win resets the top prize back to $20 million for the next drawing on August 17.
The winner can choose between a $1.04 billion annuity paid over 30 years or a one-time cash payout of $450.5 million before taxes. After federal and Illinois state taxes, the take-home amount drops to roughly $261.5 million, according to Oklahoman.
The winning ticket was purchased at a Hy-Vee Fast & Fresh convenience store in Quincy, a river city of about 39,000 people near the Missouri border. The store will receive a $500,000 bonus from the Illinois Lottery for selling the winning ticket, according to Tennessean.
Store manager Jon Marshall said the local reaction has been like "a murder mystery" as the town waits to see who won. Marshall even checked his own ticket — and lost. Under Illinois law, winners of $250,000 or more can stay completely anonymous. No one has come forward yet. The winner has one year from August 12 to claim the prize, according to Indystar.
The $1.04 billion headline number assumes the winner takes the annuity — 30 payments spread over 29 years. Almost no winner chooses that option. The lump-sum cash value is $450.5 million, according to Cincinnati.com.
From that $450.5 million, the federal government takes 37% and Illinois takes 4.95%. That leaves about $261.5 million in the winner's pocket. Illinois Lottery Director Harold Mays noted that beyond the individual win, ticket sales during this 14-week run generated over $21.5 million for the state's K–12 public schools, according to Dispatch.
This jackpot run made history for another reason. In July 2026, Powerball launched ticket sales in the United Kingdom through a deal with Allwyn UK, the government-approved operator of the UK National Lottery. It was the first time any non-U.S. player could buy into a live Powerball jackpot, according to Providence Journal.
UK players pay £4 (about $5.36) per ticket, more than double the $2 U.S. price. The odds are identical on both sides — 1 in 292.2 million. To soften the higher cost, secondary prizes in the UK are bigger. Matching three white balls pays £52 in the UK versus just $7 in the U.S., according to Freep.
The jackpot began building on May 4, 2026, after two tickets split a $20 million prize. It rolled over 44 consecutive times before the winning numbers — 4, 26, 66, 67, 69, and red Powerball 9 — were drawn on August 12, according to North Jersey.
Illinois players alone bought more than $53.8 million in Powerball tickets during the run. Powerball Product Group Chair Stephen Durrell said the game has always shown "that a winning ticket can be sold anywhere... giving every $2 ticket the chance to change not only a winner's life, but generations to come," according to Tallahassee.com.
Publishers
35
Articles
35
Reach
35