Powerball Jackpot Climbs to $1.4 Billion Ahead of Wednesday Drawing

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The mega Powerball jacket continued to climb Monday, hitting another record high of $1.4 billion as lottery fever continues to sweep across the country.

By Jan. 11, 2016, the Powerball had increased beyond the maximum $999 million allowed by this sign at a Hawthorne store. (Credit: KTLA)

By Jan. 11, 2016, the Powerball had increased beyond the maximum $999 million allowed by this sign at a Hawthorne store. (Credit: KTLA)

In a tweet sent around 8 a.m., Texas Lottery officials announced that the grand prize had ballooned yet again.

The cash value of the billion-dollar prize currently stands at an estimated $867.9 million, according to the Texas Lottery.

The jackpot initially swelled to $1.3 billion after no tickets matched all six numbers in Saturday's night historic drawing, which was worth an estimated $950 million.

While no one took home the grand prize, six tickets sold in California matched five of the numbers, missing only the Powerball, state lottery officials said.

Three of those tickets were sold in Southern California: two in San Bernardino County, and one in Orange County.

Prior to Saturday's night draw, the biggest prize in lottery history was $656 million, split across three winning tickets back in 2012.

The largest jackpot ever won in Powerball was $590.5 million, when a single ticket purchased in Florida matched all six numbers on May 18, 2013.

The multi-state game is played in 44 states, along with Washington D.C., Puerto Rico and the U.S. Virgin Islands.

Players face odds of approximately 1 in 292 million of winning the jackpot, according to statistics on Powerball.com, the Multi-State Lottery Association's website.

The next drawing is scheduled to take place on Wednesday at 7:59 p.m.