Eight specified states will distribute the largest post-tax Powerball jackpot winner of approximately $1.8 billion the most generously upon victory. The historic second-biggest Powerball drawing is set for Saturday, September 6, at 10:59 p.m. ET.

The Powerball jackpot is soaring to new heights, with a grand prize of $1.8 billion making it the second-highest prize ever in the game's history. This massive sum has been causing quite a stir across the United States, as people dream of what it would mean to win such a life-changing amount.

For those lucky enough to hold the winning ticket, the winnings will vary depending on the state they reside in. For instance, in New York, the winner would take home a lump sum of $430,597,380, or an annuity of $939,089,400. In contrast, in states like California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming, winners will not have to worry about state taxes on their winnings.

However, the remaining taxes will be paid when filing 2025 taxes, considering the winner's high tax bracket (37%). Additionally, a 24% federal tax is imposed immediately on the Powerball winnings. The states with the highest lottery taxes include New York (10.9%), Vermont (8.5%), and New Jersey and Washington, D.C. (8.82%).

The Powerball drawing on Saturday night will be live-streamed on Powerball.com and broadcast live from the Florida Lottery draw studio in Tallahassee. Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

Interested parties can find more information on the estimated jackpot winnings on the website USAMega.com. The Powerball drawing is set to be a thrilling event, with the potential to make one lucky individual an instant millionaire.

So, if you're feeling lucky, don't forget to pick up your Powerball tickets before the drawing on Saturday night! Who knows, you might just be the one to claim the $1.8 billion jackpot. Good luck!

Eight specified states will distribute the largest post-tax Powerball jackpot winner of approximately $1.8 billion the most generously upon victory. The historic second-biggest Powerball drawing is set for Saturday, September 6, at 10:59 p.m. ET.