Monday's Powerball jackpot is now worth more than $1 billion

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Monday's Powerball jackpot is now worth more than $1 billion
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The jackpot for the next drawing Monday night remains the world's ninth-largest lottery prize of all time.

DES MOINES, Iowa — The Powerball jackpot climbed to an estimated $1.04 billion after no players hit it big Saturday night, continuing a stretch of lottery futility lasting for more than two months.The settlers brought the lottery to America. It's had a long, uneven history

The $1.04 billion jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Monday's drawing would be an estimated $478.2 million.The jackpot has grown so large because there have been 30 consecutive drawings without a big winner, dating back to July 19. Powerball's terrible odds of 1 in 292.

In most states, a Powerball ticket costs $2 and players can select their own numbers or leave that task to a computer.

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