The Powerball jackpot has reached $1 billion for the second time this year, making it one of the largest prizes in game history. No winning ticket was sold in the latest drawing, so the jackpot continues to grow. The estimated jackpot for the upcoming drawing is $1 billion with a cash value of $461.3 million. This marks the 42nd Powerball drawing since the last jackpot was won, and three tickets from the latest drawing are worth $1 million each. Players have a chance to win the massive jackpot by purchasing a ticket before the next drawing on Saturday at 10:59 p.m. ET.