Powerball Jackpot Inches Towards One Billion, Hits $800 Million

The largest jackpot in the lottery's history might just hit the one billion dollar mark by the time of Saturday's drawing. What would you do with all that money?

Ever dream of becoming a billionaire overnight? Well, now’s your chance.

The current estimated Powerball jackpot is $800 million, with a good chance the final cume will climb closer to the billion dollar mark before Saturday night’s drawing.

Even if it stays at the current number, this is the largest jackpot in U.S. history. The cash payout for the winner would be $428.4 million, before taxes.

The lack of a winner on Wednesday night marked the 18th drawing in a row without someone picking the winning numbers. The current jackpot has been accumulating since November 7, 2015. But don’t get your hopes up quite yet. The chances of winning the Powerball: 1 in 292.2 million. You have a better chance to get struck by lightning, but “Hey, you never know.”

The last large payout was in 2013 when an 84-year old Florida woman won $590.5 million. With the jackpot so high, vendors all across the country can expect lottery sales to be up, which in turn could help push that jackpot up to $1 billion or beyond.

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