Powerball jackpot jumps to $653M
Jackpot is worth $653M with a cash value of $350.3M
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The Powerball jackpot jumped to an estimated $653 million following Monday night's drawing.
The cash option value is $350.3 million.
The winning numbers on Monday were 1, 4, 12, 36, 49 and the Powerball was 5. The Power Play was 2X.
The next drawing is slated for Wednesday at 10:59 p.m. ET.
POWERBALL WINNING NUMBERS FOR MONDAY'S $613M JACKPOT
The Powerball jackpot has reached an estimated $653 million. ((Photo by Lokman Vural Elibol/Anadolu Agency via Getty Images) / Getty Images)
The odds of winning a prize are 1 in 24.9, and the odds of winning the jackpot are 1 in 292.2 million. The jackpot was last won on Nov. 19, when a ticket in Kansas matched all five white balls and the red Powerball. That player clinched a $92.9 million jackpot.
Since then, the game has had 30 consecutive drawings without a jackpot winner.
People lined up to play Powerball lottery at a 7-Eleven store in Milpitas, California, United States, on Nov. 7, 2022. ((Photo by Tayfun Coskun/Anadolu Agency via Getty Images) / Getty Images)
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There were seven Powerball jackpots won last year, including the world record $2.04 billion jackpot that was hit by a single ticket in California on Nov. 7.
CALIFORNIA, USA - NOVEMBER 7: A woman checks her Powerball lottery tickets at a 7-Eleven store in Milpitas, California, United States on November 7, 2022. ((Photo by Tayfun Coskun/Anadolu Agency via Getty Images) / Getty Images)
Jackpot winners can either select their prize as an annuity or a lump-sum payment. If the annuity option is selected, the winner is guaranteed to receive 30 graduated payments over 29 years.
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The game is played on Monday, Wednesday and Saturday in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.