Powerball Jackpot Reaches $1.1 Billion After No Weekend Winner

The Powerball jackpot has climbed to $1.1 billion after no player matched all six numbers in Saturday night's drawing, making it the fifth-largest prize in the lottery's history.

Monday's drawing represents another chance for players to claim the massive prize, which has been rolling over since the last jackpot winner in early summer.

The odds of matching all six numbers to win the jackpot are approximately 1 in 292 million, according to lottery officials.

Winners can choose between an annuity paid over 30 years or a smaller lump-sum cash payment. The $1.1 billion figure represents the annuity option before taxes.

Drawings are held every Monday, Wednesday, and Saturday at 10:59 p.m. Eastern Time.