The Powerball jackpot has risen to an estimated $1.1 billion, the fifth-largest ever in the game's history, after there were no winning tickets for Saturday night's $1 billion grand prize.

Saturday's winning numbers were 3, 18, 22, 27 and 33, with a Powerball of 17. There were nine tickets that matched all five white balls to win $1 million, but no ticket matched all six.

The $1.1 billion jackpot for Monday night's drawing has an estimated cash value of $498.4 million.

Based on the jackpot estimate, a single jackpot winner Monday would have the choice of taking a lump sum payment of $498.4 million before taxes, or going with the annuity option, which would consist of one immediate payment followed by 29 annual payments that increase by 5% each year, each payment also before taxes.

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