Drawing nears for $1.09 billion Powerball jackpot that is 9th largest in US history

DES MOINES, Iowa (AP) — An estimated $1.09 billion Powerball jackpot that ranks as the 9th largest in U.S. lottery history is up for grabs. The Powerball jackpot has been growing for more than three months, reflecting the long odds of 1 in 292.2 million of winning the top prize. Since the last player won the jackpot on Jan. 1, there have been 39 consecutive drawings without anyone matching all six numbers and hitting it rich. The $1.09 billion prize on the line Wednesday night is for a sole winner who chooses to be paid through an annuity, with 30 annual payments. Winners almost always prefer the cash option, which for Wednesday’s drawing would be an estimated $527.3 million.