Powerball Jackpot soars to $1 billion after no winner in Monday's drawing | CNN

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Powerball Jackpot soars to $1 billion after no winner in Monday's drawing | CNN
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The Powerball jackpot soared to $1 billion for the third time in the game’s history after no ticket matched all six numbers in Monday night’s drawing

The mammoth grand prize ranks as the seventh largest US lottery jackpot and third largest Powerball jackpot, behind the world record $2.04 billion Powerball jackpot won last year in California, and the $1.586 billion Powerball jackpot won in 2016, according to the lottery. If a lucky winner nabs the jackpot in the next drawing Wednesday night, they will have the choice between an annuitized prize worth an estimated $1 billion or a lump sum payment estimated at $516.

There have been 38 consecutive drawings without a jackpot winner since its April 19 drawing, when a ticket in Ohio matched all six numbers to win a grand prize worth $252.6 million. While no one scored the grand prize Monday night, five tickets sold in Connecticut, Florida, Kentucky, New York and Pennsylvania matched all five white balls to win $1 million prizes.

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