WASHINGTON —

The Powerball jackpot is a whopping $1.4 billion for Wednesday’s drawing after no one won in Monday’s drawing.

The prize has an estimated one-time cash payment of $634.3 million if the winner doesn’t choose the annual payments over 30 years, with a 5% increase each year. Advertisement

If a player wins Wednesday's jackpot, it would be the fourth-largest Powerball jackpot prize, according to Powerball.

Last year, an Oregon player won $1.33 billion, making it the fifth-highest jackpot. It took a record 42 consecutive drawings before the winner was selected.

The current Powerball is at its 41st drawing, which began on May 31. Powerball drawings are conducted every Monday, Wednesday and Saturday at 10:59 p.m. EST.

What are the odds of winning the Powerball jackpot?

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