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Powerball jackpot climbs to estimated $1.09 billion after no big winner Monday – NBC Chicago

Powerball’s newest billion-dollar drawing continues.

The Powerball jackpot stood at approximately $1.09 billion for Wednesday’s drawing after no one won the $1 billion grand prize on Monday.

Wednesday’s jackpot will come with a one-time cash payment option estimated at $527.3 million instead of a larger sum paid out in 30 payments over 29 years.

Here are the winning numbers from Monday’s billion-dollar Powerball jackpot drawing

The Powerball jackpot has been rising for months, since the last winner on New Year’s Day. With no winner on Saturday, there have now been 39 consecutive draws without anyone winning the top prize.

The game’s odds of 1 in 292.2 million are designed to create big jackpots that will attract attention and increase sales.

Powerball is played in 45 states, plus Washington, DC, Puerto Rico and the U.S. Virgin Islands. Drawings take place every Monday, Wednesday and Saturday at 11 p.m. EST.

Winner Winner Chicken Dinner! You just won the lottery, but do you know what to do next? Here’s what you need to know before cashing out.

NBC Chicago

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