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The Powerball Jackpot Is Now At $1.3 Billion And You Still Probably Won't Win It

by Gillian Fuller

This is a public service announcement: The Powerball jackpot is now at a record $1.3 billion. Billion.

Saturday night's drawing once again proved unsuccessful, as no winning tickets were printed. The next drawing will be held on Wednesday, January 13.

According to Reuters, this will be the first US lottery jackpot to reach $1 billion. It's also been one of the longest-running jackpots ever, stretching over two months (and 18 drawings) without a winner.

Assuming the next drawing procures a winner, the lucky ticket-holder will walk away with more than $800 million after taxes. You could buy four Playboy Mansions with that money. You would, however, still be poorer than Blue Ivy Carter.

The odds of matching all the numbers on a lottery ticket is approximately 1 in 292 million — meaning you're about 25 times more likely to become the president.

But hey, it's still possible. Right? Right???

BRB buying all of the tickets. Wish me luck.

Citations: No winner for the 900M Powerball jackpot Wednesday draw worth 1.3B (CNBC)