$1 billion Powerball jackpot up for grabs Monday night

DES MOINES, Iowa (AP) — People showed up at convenience stores, groceries and gas stations around the country to snatch up lottery tickets for a chance at Monday night’s massive $1 billion Powerball jackpot.

The jackpot soared after no one matched all six numbers in Saturday night’s drawing. It’s the fifth-largest lottery jackpot in U.S. history. The biggest prize was a $1.586 billion Powerball jackpot won by three ticketholders in 2016.

No one has hit all six numbers since Aug. 3, a testament to how slim the odds are of winning the jackpot: one in 292.2 million.

<p>A rack with cards bettors can use to choose their own numbers to purchase lottery tickets for the Saturday Oct. 29, drawing of the Powerball lottery, are seen on a counter at a market in Prospect, Pa., Friday, Oct. 28, 2022. </p>

AP Photo/Keith Srakocic

A rack with cards bettors can use to choose their own numbers to purchase lottery tickets for the Saturday Oct. 29, drawing of the Powerball lottery, are seen on a counter at a market in Prospect, Pa., Friday, Oct. 28, 2022. 

The $1 billion jackpot prize is for winners who opt to take the full amount piecemeal over 29 annual payments. Nearly all winners opt for a lower cash payment, which for Monday’s drawing would be an estimated $497.3 million.

Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Here is a look at the 10 largest U.S. jackpots that have been won and the states where the winning tickets were sold:

1. $1.586 billion, Powerball, Jan. 13, 2016 (three tickets, from California, Florida, Tennessee)

2. $1.537 billion, Mega Millions, Oct. 23, 2018 (one ticket, from South Carolina)

3. $1.337 billion, Mega Millions, July 29, 2022 (one ticket, from Illinois)

4. $1.05 billion, Mega Millions, Jan. 22, 2021 (one ticket, from Michigan)

5. $768.4 million, Powerball, March 27, 2019 (one ticket, from Wisconsin)

6. $758.7 million, Powerball, Aug. 23, 2017 (one ticket, from Massachusetts)

7. $731.1 million, Powerball, Jan. 20, 2021 (one ticket, from Maryland)

8. $699.8 million, Powerball, Oct. 4, 2021 (one ticket, from California)

9. $687.8 million, Powerball, Oct. 27, 2018 (two tickets, from Iowa and New York)

10. $656 million, Mega Millions, March 30, 2012 (three tickets, from Kansas, Illinois and Maryland)