The new jackpot is the second to surpass $600 million this year after no one won the top prize in this weekend’s drawing.
Lottery players will have another chance to win the Powerball prize, with the amount climbing to a massive $645 million for Monday night’s drawing. The amount soared after no one matched all six numbers in last weekend's drawing, and it's also the second Powerball jackpot to exceed $600 million this year. But Saturday’s drawing had over 1.3 million winning tickets, including three sold in Michigan, New Jersey and South Carolina, that won $1 million prizes.
If someone wins Monday night’s jackpot, the winner can choose between an annuity prize worth an estimated $645 million or a lump sum payment estimated at $307.3 million.According to Powerball.com, both prize options are before taxes. If the winner selects the annuity option, they will get an immediate payment followed by 29 annual payments that rise by 5% each year.Powerball drawings are held three times a week on Monday, Wednesday and Saturday.
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