Powerball jackpot increases to $1.3 billion before the drawing on Saturday night.

The Powerball jackpot has soared to $1.3 billion, marking 40 straight draws without a winner since New Year's Day.

This ranks as the eighth-largest prize in U.S. lottery history. The odds of winning are 1 in 292.2 million, leading to the jackpot rolling over for months.

The cash payout for the upcoming draw is estimated at $608.9 million.
 
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