1. Powerball jackpot at $935 million, among top 5 largest ever
2. Next drawing on Saturday night, could exceed $1 billion if no winner
3. Last winner was three months ago on New Year’s Day with $842.4 million prize
The Powerball jackpot has been growing for three months and is now close to reaching $1 billion, making it one of the top 5 largest jackpots in history. If no one wins the next drawing, the jackpot will exceed $1 billion. Despite the low odds of winning, there have been 37 drawings without a winner since the last jackpot was won on New Year’s Day. The cash value of the jackpot is $452.3 million, and the next drawing will take place on Saturday night at 10:59 p.m. ET. Even though it only takes one ticket to win, some previous lottery winners have ended up losing everything they won. To access exclusive stories like this one, readers can become Business Insider subscribers to start reading immediately.