"Powerball Jackpot Soars to $1 Billion with No Winner in Sight"

The Powerball jackpot has reached an estimated $1 billion, making it the third-largest in the game's history and the seventh-largest in U.S. lottery history. The next drawing is on Wednesday, July 19, and tickets can be purchased for $2 in 45 U.S. states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. The odds of winning the jackpot are 1 in 292.2 million, and winners can choose between a lump sum or annual payments. The Power Play feature allows for the multiplication of non-jackpot prizes.