(NewsNation) — The Powerball jackpot stands Monday at an estimated $1.6 billion, making it one of the largest lottery prizes in U.S. history, according to Powerball officials.
Grab your tickets: The winning numbers for the $1.6 billion Powerball jackpot are in.
Those numbers are: 36, 54, 18, 3 and 41 with a Powerball number of 7. The optional Power Play was 2x.
The biggest U.S. jackpot was $2.04 billion in 2022. The winner bought the ticket in California and opted for a lump-sum payment of $997.6 million.
The winner can opt for a lump-sum payment estimated at $735.3 million or an annuitized prize estimated at $1.6 billion. Both prize options are before taxes.
The annuity option offers one immediate payment followed by 29 annual payments that increase by 5% each year, Powerball said.
Powerball is available in 45 states; Washington, D.C.; Puerto Rico and the U.S. Virgin Islands. It is overseen by the Multi-State Lottery Association, a nonprofit group made up of state lotteries. Profits from ticket sales are used by states to support public education and other services.