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The $200 million record
The largest lottery jackpot Australia has seen was Powerball draw 1446 on Thursday 1 February 2024. The Lottery Corporation’s 2024 annual report calls it “February’s record $200 million Powerball jackpot”, which “followed $100 million and $150 million draws” and was “modelled as a one-in-seven-year event”. Lotterywest’s result for that draw shows two Division 1 winners, each paid $100 million, neither of them in WA.
Two winners for a record pool is typical of how big jackpots behave. The odds of Division 1 don’t move when the jackpot grows, but many more games are bought, so the chance that more than one entry lands the numbers goes up.
Largest Division 1 pools won since 2024
| Draw | Date | Division 1 pool | Winners | Each | In WA |
|---|---|---|---|---|---|
| 1446 | 1 Feb 2024 | $200,000,000 | 2 | $100,000,000 | 0 |
| 1462 | 23 May 2024 | $150,000,000 | 1 | $150,000,000 | 0 |
| 1517 | 12 Jun 2025 | $100,000,000 | 1 | $100,000,000 | 0 |
| 1489 | 28 Nov 2024 | $100,000,000 | 2 | $50,000,000 | 0 |
| 1475 | 22 Aug 2024 | $100,000,000 | 1 | $100,000,000 | 0 |
| 1552 | 12 Feb 2026 | $80,000,000 | 1 | $80,000,000 | 0 |
| 1529 | 4 Sep 2025 | $80,000,000 | 4 | $20,000,000 | 1 |
| 1567 | 28 May 2026 | $60,000,000 | 1 | $60,000,000 | 0 |
| 1499 | 6 Feb 2025 | $60,000,000 | 1 | $60,000,000 | 0 |
| 1556 | 12 Mar 2026 | $50,000,000 | 1 | $50,000,000 | 0 |
Division 1 pools that were won, largest first, from 143 Powerball draws since January 2024 in Lotterywest's published results. Pools that jackpotted without a winner aren't counted.
The table counts pools that were actually won. When a draw has no Division 1 winner, its pool rolls into the next Thursday instead, which is how the $150 million and $200 million pools were built up.
Why the jackpot grows
Lotterywest’s game guide says the Powerball Division 1 pool starts at $5 million and increases each draw it isn’t won. Under Lotterywest’s Powerball permit, 31.50% of each draw’s prize pool goes to Division 1, and the pool is shared equally among all Division 1 winners. With odds of 1 in 134,490,400 per game, most Thursdays pass without a winner: in the 143 draws from 4 January 2024 to 24 September 2026, Division 1 went unclaimed in 97.
The current Division 1 offer and next Thursday’s draw number are on the Powerball results page. Each game has the same odds whatever the jackpot.
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The Oz Lotto record
Oz Lotto’s biggest recent jackpot was $100 million, which The Lottery Corporation’s 2025 annual report describes as “the game’s largest offer since 2012”. Lotterywest’s results show it was won by a single entry in draw 1616 on Tuesday 4 February 2025. The Oz Lotto results page has this week’s offer.
If a big jackpot tempts you to spend more than usual, it’s worth setting the amount before you buy. Free, confidential support is on the play it safe page.
Questions people ask
What is the biggest Powerball jackpot in Australia?
$200 million, in draw 1446 on 1 February 2024. The Lottery Corporation describes it as a record, and Lotterywest’s results show two Division 1 winners, each receiving $100 million.
How often is a jackpot that large?
The Lottery Corporation’s 2024 annual report says the $200 million jackpot was modelled as a one-in-seven-year event.
What is the smallest a Powerball jackpot can be?
According to Lotterywest’s game guide, the Division 1 pool starts at $5 million and grows each draw it isn’t won.
Does a bigger jackpot improve the odds?
No. The chance of winning Division 1 is 1 in 134,490,400 per game whatever the jackpot. A big jackpot sells more tickets, which makes a shared win more likely.
Are big lottery wins taxed in Australia?
No. Lottery prizes won by recreational players are not taxed in Australia (ATO ruling IT 2655). Earnings on the money afterwards are taxed as normal.
Sources
- The Lottery Corporation Annual Report 2024, record $200 million Powerball, checked 30 September 2026
- The Lottery Corporation Annual Report 2025, $100 million Oz Lotto, checked 27 September 2026
- Lotterywest: Powerball results, dividends and winners since January 2024
- Lotterywest: Powerball, jackpot rules, checked 27 September 2026
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