The jackpot for Monday's Powerball drawing stands at $1.1 billion, with an estimated cash value of $503.4 million before taxes. Why it matters: It's the sixth-largest Powerball prize ever and sets "a game record for most consecutive drawings in a single jackpot cycle,

The Powerball jackpot reached an estimated $1.146 billion on Monday night but lottery officials said no ticket matched all six numbers drawn.

The next drawing for the $1.1 billion Powerball jackpot is Monday night. The winning numbers for the last Powerball drawing on Saturday were 1-28-31-57-58 with a Powerball of 16. The estimated Powerball jackpot amount now is $1.1 billion with a cash option of $503.4 million.

A Michigan lottery player has won a record $32.91 million Lotto 47 jackpot. One ticket matched the winning numbers in the Dec. 13 drawing: 02-03-12-15-16-33. The winning ticket was sold at Wild Bill's Tobacco, located at 46518 Gratiot Avenue in Chesterfield.

Florida Lotto players pick 6 numbers between 1 and 53 and have a 1 in 22,957,480 chance to win the top prize. Drawings are Wednesdays and Saturdays.

Powerball has grown to an estimated $1.1 billion after no ticket matched all 6 numbers in the last drawing. Dec. 15 draw is close to Hanukkah holiday.

The Powerball jackpot has climbed to $1 billion. Here's everything Tennessee residents should know about buying a ticket ahead of Saturday's drawing.