Powerball Jackpot Grows to $380 Million

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DES MOINES, Iowa — Big money is up for grabs this weekend as the Powerball jackpot reaches its second largest total in nearly a year.

The current estimated jackpot is $380 million for Saturday’s drawing.

They have drawn 19 straight times without a winner.

While the $380 million figure sounds big, it is a far cry from the biggest Powerball jackpot ever, $590 million.

Winning won’t mean you just receive a $380 million check, after the way you take the payout and taxes it could get cut in half.

If you choose the cash option, the jackpot is worth $256.8 million.

The odds of winning are roughly 1 in 175 million.