Powerball jackpot soars to $1.7 billion after another night with no big winner

Since Sept. 6, there have been 46 straight drawings without a big winner.

The next drawing will be Christmas Eve on Wednesday, with the prize expected to be the 4th-largest in U.S. lottery history.

Powerball’s odds of 1 in 292.2 million are designed to generate big jackpots, with prizes growing as they roll over when no one wins. Lottery officials note that the odds are far better for the game’s many smaller prizes. There are three drawings each week.

The estimated $1.6 billion jackpot goes to a winner who opts to receive 30 payments over 29 years through an annuity. Winners almost always choose the game’s cash option, which for Monday night’s drawing would be an estimated $735.3 million.

Powerball tickets cost $2, and the game is offered in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Associated Press videojournalist Emilie Megnien in Atlanta contributed to this report.

Olivia Diaz is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.