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Powerball Jackpot Jumps To $540 Million Ahead Of Monday's Drawing

MIAMI (CBSMiami) - The Powerball's jackpot has increased to an estimated $540 million ahead of Monday night's drawing.

The cash value if someone hits it big would be $384.3 million.

There have been 38 drawings in a row without a jackpot winner, according to Powerball. The last jackpot-winning draw occurred on October 4, when a California resident won $699.8 million.

While the overall odds of winning any number of the Powerball prizes are 1 in 24.9, the odds of winning the Powerball jackpot are 1 in 292.2 million, according to the organization.

Tickets cost $2, and drawings are each Monday, Wednesday, and Saturday.

CBS4 is your official Florida Lottery station.

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