Powerball jackpot rises to $1.2 billion after no big winner in Monday’s drawing

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The Powerball jackpot has climbed to an estimated $1.2 billion after no big winners emerged in Monday night’s drawing.

Monday’s numbers were: 12-26-27-43-47 and Powerball: 5

The jackpot for the next drawing Wednesday night will be among the largest lottery prizes of all time, behind earlier prizes in the Powerball and Mega Millions games.

The jackpot has grown so large because there have been more than 30 consecutive drawings without a big winner, dating back to July 19.

The new $1.2 billion jackpot is for a sole winner who chooses to receive the winnings through an annuity, paid annually over 30 years. Winners nearly always pick the cash option, which for Wednesday night’s drawing would be an estimated $551 million.

The odds of winning the top Powerball prize are 1 in 292,201,338.

Retailers that sell winning Powerball tickets receive a bonus of 1 percent of the prize amount.

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