Christmas is coming up fast and if you're hoping for a special gift, the Powerball jackpot continues to grow. The next drawing will be Saturday, Dec. 20, just five days before the holiday. There were no winners in the Dec. 17 drawing, sending the estimated jackpot to $1.5 billion, with an estimated cash value of $686.5 million.

Big lottery wins around the U.S. include a lucky lottery ticketholder in California who won a $1.27 billion Mega Millions jackpot in December 2024. See more big winners here. And if you do end up cashing a jackpot, here’s what experts say to do first.

The cash option for tonight's drawing is worth an estimated $572.1 million. The current jackpot is the sixth largest in the game's history.

The Powerball jackpot rose to an estimated $1.25 billion after no winners were drawn on Monday night, the lottery’s sixth-largest prize ever, though a lucky winner would receive significantly less of that amount after paying required taxes.