The Powerball jackpot has climbed to an estimated $740 million after no grand prize winner was announced over the weekend. One ticket holder in Florida matched all five white balls, winning a $1 million prize. The next Powerball drawing is scheduled for Monday at 10:59 PM ET.
What are the odds you win the lottery? What are the odds you win the lottery? You're more likely to be struck by lightning. The Powerball jackpot sits at an estimated 740 million ahead of Monday nights drawing setting up one of the game's biggest prizes of the year. The pot grew after no ticket matched all six numbers from Saturday nights drawing. The white balls were 8 23 25 40 53. The red Powerball was 5. One ticketholder in Florida matched all five white balls winning a 1 million prize. The grand prize now has an estimated cash value of 346.1 million according to the lottery. The last Powerball jackpot was won in September. Two winners split the 1.79 billion the second-largest pot in game history. (Jay L. ClendeninFileLos Angeles Times via Getty Images) POWERBALL TICKETS SOLD IN MISSOURI AND TEXAS WIN 1.79B JACKPOT The jackpot was most recently won on Sept. 6 in Texas and Missouri. The two winning-ticket holders split the second-largest grand prize in game history 1.79 billion. Players who win the jackpot can receive the money in annual installments or a lump sum payment. If the annuity option is selected the player receives an immediate payment followed by 29 annual payments that increase by 5 every year. TOP TIPS TO HELP LOTTERY WINNERS PROTECT THEIR FINANCES The odds of winning a prize are 1 in 38.32 while the odds of winning the jackpot are 1 in 292.2 million according to Powerball. The next drawing is on Monday at 10 59 p.m. ET. Fox Business Matt Kazin contributed to this report. Read more from FOX Business Florida Lottery News Powerball Mega Millions jackpots winnersLifestyleInstastories