Powerball jackpot could top $1.58B record if no one wins Wednesday night

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Powerball jackpot could top $1.58B record if no one wins Wednesday night
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The fourth-largest lottery jackpot in U.S. history could soar to the largest ever if no one wins the top prize in Wednesday night's Powerball drawing.

The jackpot climbed to $1.2 billion after no one matched all six numbers to win the jackpot. That makes 38 consecutive draws without a jackpot winner since the last person won the big prize on Aug. 3.

For the Monday night drawing, there were 131.6 million Powerball plays sold, said Anna Domoto, a spokeswoman for the Multi-State Lottery Association, which oversees the game. That amounted to 36.3% of all possible number combinations being covered, as millions of players picked the same numbers. Winners of giant jackpots nearly always take the cash, and financial advisors say that might be a mistake.

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