The prize, which has a cash value of a little more than $450 million before taxes if taken as a lump sum, is the eighth to exceed $1 billion.

If the jackpot crosses $1 billion after the next draw, this will be the first to do so since the $1.8 billion prize claimed by a Powerball player from Arizona last year.

The Powerball jackpot has climbed to an estimated $1 billion after no ticket won the grand prize Monday night, marking the first billion-dollar Powerball jackpot since a player in…

Powerball draw: The Powerball jackpot has soared to approximately one billion dollars, marking it as the eighth-largest prize ever in the games history. The last winning jackpot…

It's the largest U.S. lottery jackpot so far this year.