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Powerball jackpot soars to $856 million for Saturday’s drawing: That’s 13,000 years of the average American salary
Summary by Laredo News Editorial Desk Debra Worley , as published by KGNS — Sitewide
· August 7, 2026
· 1 min read
Photo: KGNS — Sitewide · view original
Story provenance No corrections
Summary created by Laredo News Editorial Desk — automated, rule-governed Byline on source page Debra Worley, as published by KGNS — Sitewide Original story Read at the source Source published Aug 7, 2026 Indexed here Aug 7, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The jackpot has been growing for months, with the last grand prize win occurring on May 2.
The Powerball jackpot has reached $856 million for the upcoming Saturday drawing. This significant amount can be put into perspective by considering the average American salary, which it could cover for a substantial number of years. The jackpot has been growing for months, with the last grand prize win occurring on May 2.
At that time, two tickets split a $20 million prize. m. ET.
Further details about the Powerball jackpot and drawing are available from the source. The grand prize can be taken as a one-time payment, with a cash value of $372 million before taxes.
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About this story
As published by KGNS — Sitewide . Laredo News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KGNS — Sitewide . Have a tip or correction? Contact our newsroom .
Category: local Published: August 7, 2026 Source: KGNS — Sitewide Reading time: 1 min
Frequently asked about this story
What is this story about? The Powerball jackpot has reached $856 million for the upcoming Saturday drawing. This significant amount can be put into perspective by considering the average American salary, which it could cover…
When was this published? This article was first published on August 7, 2026 by KGNS — Sitewide and curated for Laredo News readers.
Who reported this story? This story was reported by Debra Worley at KGNS — Sitewide. To learn more about how Laredo News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Laredo News, or browse our daily briefing and topic hubs .
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