Powerball jackpot grows to $416 million after no ticket matches winning numbers in Christmas drawing

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Powerball jackpot grows to $416 million after no ticket matches winning numbers in Christmas drawing
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The last time a winning ticket was claimed was on Oct. 4, when someone walked away with $699.8 million.

What to consider if you win the lottery

While the overall odds of winning a prize are 1 to 24.9, the odds of winning the jackpot are 1 in 292.2 million, according to Powerball. And believe it or not, the current jackpot value is less than a third of the largest Powerball jackpot: $1.586 billion, shared in 2016 by three winners.

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