Powerball swells to $450M after no one hits jackpot

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DES MOINES, Iowa (AP) — Lottery officials say no jackpot winner was selected in the latest $380 million Powerball drawing.

The next drawing will be Wednesday after no one matched Saturday’s winning numbers.

Sue Dooley is the senior drawing manager for the Multi-State Lottery Association, which oversees Powerball. She says the estimated value of Wednesday’s drawing will be $450 million. The huge jackpot is a return to form for Powerball, which has been known along with Mega Millions for its record-breaking jackpots in recent years. But the Powerball lottery has experienced a slump, with nearly a year passing since its jackpot total climbed above $300 million.

Powerball’s last major jackpot was in February 2014, when it climbed to $425 million.

Powerball tickets cost $2 each.