$1 billion Powerball jackpot, second largest of the year, up for grabs tonight

The odds of winning a lottery jackpot are long. What are the odds when compared to other long-odd events? (Source: CNN/file/NOAA/AP/DCC)
Published: Dec. 13, 2025 at 3:28 PM EST|Updated: 2 hours ago
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(CNN) - There is still time to try to become the nation’s next billionaire.

Powerball’s jackpot crossed $1 billion ahead of Saturday night’s drawing.

This is the second jackpot to cross that threshold this year.

The lump sum cash option is roughly $458 million.

Powerball may have Mega Millions to thank for the $1 billion jackpot.

Powerball ticket sales have pulled way ahead since Mega Millions hiked its ticket price in April.