The Powerball jackpot has risen to $905 million for Monday’s drawing with a $391.9 million cash prize
, after
no big winners were drawn Saturday night
.
It will be the eighth-largest jackpot in Powerball history
.
“Entering the top 10 largest Powerball jackpots is when we historically see a lot of players join in the game,” Stephen Durrell, Powerball Product Group chair and Kansas Lottery executive director, said in a statement
.
If a winner is chosen during Monday night’s drawing, they will be given the option of receiving the full jackpot in 30 annual payments or a lump sum of $391.9 million
.
The annuity prize, the headline $905 million figure, would be paid in 30 graduated installments over 29 years
.
Powerball odds remain staggering for players hoping to beat the game.
The odds of winning Powerball are 1 in 292,201,338
.
According to the National Weather Service, a person has a 1-in-15,300 chance of getting struck by lightning in their lifetime, defined as an 80-year span, making your odds of getting struck by lightning nearly 20,000 times higher than hitting the winning numbers for the next jackpot
.
Multiple rare life events carry better odds than winning Powerball.
A lifetime lightning strike sits at roughly 1 in 3,000, while a meteorite strike is about 1 in 700,000
.
Monday’s drawing will be the 43rd consecutive drawing without a jackpot winner
.
The jackpot was last won on May 2 when lottery players from Florida and Texas split a $20 million jackpot
.
While no one claimed the jackpot from Saturday’s drawing,
a ticket sold in Texas won $2 million with the Power Play and four tickets sold in Arizona, Florida, Michigan and New York won $1 million each
.
The largest jackpot in the game’s history was a massive $2.04 billion won in California on Nov. 7, 2022
.
Powerball drawings are held three times a week — Monday, Wednesday and Saturday — at about 9:59 p.m.
Players choose five numbers from 1 to 69 and one Powerball number from 1 to 26
.
The next drawing takes place Monday, Aug. 10.