Dec. 11 (UPI) -- The Powerball jackpot has jumped to $1 billion after no one stepped forward with the winning ticket in Wednesday night's drawing.
It's the second time the prize has climbed to a billion dollars this year, and the seventh biggest prize in the history of the game, Powerball said.
Powerball said the jackpot is worth an estimated $461.3 million in cash value. Winners have a choice between annual payments worth an estimated $1 billion, or receiving a lump sum cash prize.
The largest ever prize in the game's history, $2.04 billion, was claimed on Nov. 7, 2002.
Since two tickets in Missouri and Texas split the $1.787 billion dollar prize on Sept. 6, there have been 40 consecutive drawings with no winner.
