The Powerball jackpot now stands at an estimated $1.6 billion, making it one of the largest lottery prizes in U.S. history, Powerball officials said Sunday.
No ticket matched all six winning numbers on Saturday — white balls 4, 5, 28, 52, 69 and red Powerball 20. That sets up the fifth-largest U.S. jackpot ever for Monday’s drawing, according to a news release from Powerball.
The biggest U.S. jackpot was $2.04 billion in 2022. The winner bought the ticket in California and opted for a lump-sum payment of $997.6 million.
The odds of winning Monday’s jackpot, which is the fourth-largest in Powerball history, are 1 in 292.2 million, according to Powerball.
The winner can opt for a lump-sum payment estimated at $735.3 million or an annuitized prize estimated at $1.6 billion. Both prize options are before taxes.