The prize could grow even more before Wednesday's drawing if ticket sales remain intense. Officials review the estimate daily.
The jackpot is so big that billboards around the country have to advertise the price as USD 999 million because they're not built to show billions.
No one matched all six Powerball numbers Saturday night.
"We've never been at these levels," said Texas Lottery executive director Gary Grief, whose state lottery is part of the Multi-State Lottery Association that runs Powerball.
The jackpot has ballooned since its November 4 starting point of USD 40 million and spurred huge ticket sales. Between Jan. 6 and Saturday's drawings, more than USD 900 million in Powerball tickets were sold.
"It's exponentially greater than any sales that any of the states involved have ever seen," Grief said.
A winner would have the option of being paid through annual payments over 29 years or opting for one smaller cash payment. But 39.6 per cent of the lump sum would go to federal income taxes.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
