CHARLESTON, W.Va. — The Powerball jackpot has officially hit $1 billion for the upcoming Saturday drawing, ranking as the seventh-largest jackpot in the game's history. The estimated cash value for the prize is $461.3 million.

Saturday's drawing will mark the 42nd consecutive drawing in the current jackpot run, tying the all-time record for the most consecutive drawings in a single Powerball cycle. The previous billion-dollar jackpot, won on September 6 of this year, also required 42 drawings.

"We are witnessing such an incredible time in draw games, with this jackpot tying for longest run, and we just came off the big Mega Millions prize, as well," said Acting Lottery Director David Bradley. "This is another billion-dollar jackpot and as it grows, of course the excitement does too. I wa

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