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Powerball jackpot grows to $1.6 billion after Saturday’s drawing

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That’s one hot ticket.

The Powerball jackpot grew to $1.6 billion after no winner was drawn Saturday night.

The prize, which has an upfront cash value of $735.3 million before taxes, is now the fourth largest in the Powerball history and the seventh largest among U.S. lottery jackpots.

The 45-drawing streak without a winner will continue after no one picked the winning numbers to take home Saturday’s $1.5 billion jackpot.

The $2 game, played in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, underwent a series of changes over the last two decades intended to boost jackpots and appeal to a broader market of ticket buyers.

Since then, the odds of winning the jackpot are 1 in 292.2 million, according to the game’s organizers at the Multi-State Lottery Association.

Against those odds, the Powerball jackpot was last won just three months ago.

On Sept. 6, a $1.787 billion prize was split by ticket holders in Missouri and Texas. That jackpot was the second-largest in Powerball history, surpassed only by the Nov. 7, 2022, jackpot of $2.04 billion, a world national lottery record.

The next drawing is scheduled to take place Monday at 10:59 p.m. ET.

This article was originally published on NBCNews.com



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