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Most jackpot winners opt for the cash option – which was $375.7 million for Saturday. If someone had finally won it all on Saturday, the estimated $700 million prize would only be distributed if the winner selects an annuity option paid gradually over 29 years. The chances of winning a Powerball jackpot are extremely slim, with odds standing at about 1 in 292.2 million. 19, causing the lottery game's top prize to grow bigger and bigger in recent months. No one has won the Powerball jackpot since Nov. If someone won the grand prize, it would have be the sixth largest jackpot that Powerball has ever seen and tenth highest across U.S.

The Powerball jackpot climbed to an estimated $700 million ahead of the drawing. Once again, no one beat the odds and won the $700 million Powerball jackpot in Saturday night's drawing.