The next Powerball drawing on Christmas Day could deliver a $400 million holiday present
By Sara Smart, CNN
(CNN) -- Struggling to find a last-minute Christmas gift?
A trip to your local convenience store could make you the best gift-giver ever.
The Powerball jackpot is now up to an estimated $400 million, and the winning numbers will be drawn on Christmas Day.
The cash value of the prize is placed at $292 million, according to Powerball's website.
There hasn't been a jackpot-winning ticket in 34 drawings, the game operator said, and this is the third time this year the jackpot has reached this value.
The last time a winning ticket was claimed was on October 4, when someone walked away with $699.8 million.
But it won't be easy to land the prize.
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.
Tickets cost $2, and drawings are each Monday, Wednesday and Saturday at 10:59 p.m. ET.
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