Powerball officials reported the jackpot rose from $940 million to $1 billion Friday morning after a review of national ticket sales.
If a winner is chosen during the next drawing, they will have the option to receive annual payments culminating in $1 billion or a lump sum amount of $453.1 million. Both amounts considered are before taxes.
The next drawing will take place on Saturday and will be broadcast live at 10:59 p.m. ET.
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