Here are the top 10 biggest Powerball jackpots
So far, the Powerball jackpot has surpassed $1 billion four times.
Watch CBS News
So far, the Powerball jackpot has surpassed $1 billion four times.
The estimated jackpot for Saturday night's drawing would be the third-largest in Powerball history and fifth-biggest in U.S. lottery history.
Nobody hit the jackpot in Powerball's Monday drawing, raising the next jackpot to an estimated $1.2 billion for Wednesday.
An estimated $850 million Powerball jackpot is up for grabs if players are willing to brave incredibly long odds.
The jackpot for the next Powerball drawing is an estimated $835 million. It's still set to be the fourth largest prize in the game's history.
The winning Powerball ticket was purchased in Los Angeles. The grand prize was the third largest in the game's history since it started in 1992.
It would be the third-largest jackpot in the game's history and seventh-highest in U.S. lottery history.
The last time somebody won the Powerball jackpot was back on April 19, when a ticket purchased in Ohio matched all six numbers to bring home a $252.6 million prize.
The jackpot would be the ninth-largest in U.S. lottery history.
There have been 24 drawings since the jackpot was last won on Oct. 14.
Joe Chahayed said he didn't know who won the giant prize but hopes it's someone local.
The winning numbers were drawn about ten hours late, but the lone winning ticket was sold in California. There was a $1 million winner in Massachusetts.
Lottery officials said one state was still processing its sales data. The jackpot is the largest for any lottery, anywhere, ever.
The jackpot has eluded players since Aug. 3, the last time anyone matched all five winning numbers and the Powerball.
If you win and opt to get the jackpot in one full payment, the cash value is worth $782.4 million before taxes. The other option is to receive monthly payments over three decades.
No one won Wednesday night's top prize of $1.2 billion, so the jackpot for Saturday night's drawing will be very close to the $1.586 billion world record for lotteries.
The winning numbers for Wednesday night's Powerball drawing were 02, 11, 22, 35, 60 and a Powerball of 23. It was not immediately clear if there were any winning tickets.
The $1.2 billion Powerball jackpot is the second-largest in Powerball history. Jasmine Viel reports.
After no winning tickets have been sold over the last 37 drawings, the Powerball jackpot has continued to climb, now eclipsing $1 billion, making it the second-largest jackpot in Powerball history. Michele Gile reports.
The drawing was the 37th since the last time a ticket with all six numbers was sold.
No one won Wednesday's pot of gold of about $700 million, which was already the game's largest this year.
On Wednesday night, lottery officials announced that the winning tickets of the coveted $630 million Powerball jackpot were sold in California and Wisconsin. The winning ticket in California was purchased at a Sacramento 7-Eleven.
The Powerball numbers drawn Wednesday are 3, 6, 26, 35, 51, and the Powerball number was 17. No tickets were sold that matched all six numbers, so the estimated jackpot rolls over to $116 million for Saturday's drawing.
The winner will have the choice between receiving the $699.8 million jackpot in 30 graduated payments over 29 years, or a lump sum payment of $496 million.
A customer that purchased a lottery ticket Wednesday at the General Store in Compton won $2.5 million, matching all the number with the exception of the Powerball.