The Powerball jackpot has surged to an estimated $1.6 billion for the December 22 drawing, marking the fourth-largest in the game's history and the longest streak without a grand prize winner. This massive prize offers winners a choice between a 30-year annuity or a substantial cash payout,

The Powerball jackpot has grown once again to $1.7 billion after no one won Monday, Dec. 22, giving someone the chance to win big during Powerball's next drawing.

Wednesday's winner could get an annuitized payout of $1.7 billion paid over 29 years or a cash payout of $781.3 million after taxes.