(ABC36 NEWS NOW) – Lottery jackpots continue to reach historic highs, with Saturday’s Powerball estimated at a staggering $1 billion.

This marks the 14th time in U.S. history a lottery prize has reached at least $1 billion, with the first billion-dollar jackpot occurring in 2016. Experts say rising ticket prices over the past 13 years and steeper odds for winning have contributed to these record-breaking prizes, which have occurred 12 times in the last five years alone.

Players are reminded to play responsibly as excitement builds for the massive drawing.

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