DES MOINES, Iowa — The Powerball jackpot keeps getting larger because players keep losing.
It happened again Saturday night as no one matched all six numbers and won the estimated $825 million grand prize. That means the next drawing Monday night will be for a massive $1 billion, according to a statement by Powerball.
The winning numbers Saturday night were: white balls 19, 31, 40, 46, 57 and the red power ball 23.
The increased jackpot will remain the fifth-largest in U.S. history behind another Powerball prize and three Mega Millions lottery game jackpots. The biggest prize was a $1.586 billion Powerball jackpot won by three ticketholders in 2016.
Although the advertised top prize will be an estimated $1 billion, that is for winners who receive their winnings through an annuity paid over 29 years. Winners almost always opt for cash, which for Monday’s drawing will be an estimated $497.3 million.
Players who missed out on the latest grand prize in the 30-year-old lottery shouldn’t immediately toss away their receipts.