No winner of record Powerball jackpot, next draw put at $1.3 billion

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No Winner for Record US Powerball Jackpot

LOS ANGELES (Reuters) -- No one won Saturday's record jackpot of nearly $950 million in the multi-state Powerball lottery, officials said, driving the haul for a winning ticket in the next draw to $1.3 billion, lottery officials said.

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"No Powerball jackpot winner," the Texas Lottery announced on Twitter hours after the numbers were drawn.

"Since nobody won tonight's staggering $947.8 million jackpot, it has rolled to an estimated $1.3 billion for January 13," said a statement from officials in California, one of the 44 states, together with Washington D.C. and two U.S. territories, that participate in Powerball.

The grand prize for Powerball has climbed steadily for weeks after repeated drawings produced no big winners. This week ticket purchases surged along with the size of the pot, driving the prize beyond the $900 million reported earlier.

See photos of ticket sales worldwide:

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January 2016 massive Powerball jackpot
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No winner of record Powerball jackpot, next draw put at $1.3 billion
A woman purchases a Powerball lottery ticket at a convenience store in Washington, DC, January 7, 2016. Lottery officials predict Saturday's jackpot will reach $700 million, the largest in history. AFP PHOTO / SAUL LOEB / AFP / SAUL LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images)
A sign in the window of a liquor store shows the Powerball lottery jackpot at $700 million in Washington, DC, on January 7, 2016. The largest jackpot in lottery history, a whopping $700 million, is up for grabs in the United States on Saturday, driving feverish excitement among lotto players dreaming of becoming millionaires. AFP PHOTO/NICHOLAS KAMM / AFP / NICHOLAS KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)
CHICAGO, IL - FEBRUARY 11: A Powerball lottery ticket is printed for a customer at a 7-Eleven store on February 11, 2015 in Chicago, Illinois. Ticket sales have caused the jackpot to grow $500 million, one of the largest in the game's history. (Photo by Scott Olson/Getty Images)
CHICAGO, IL - FEBRUARY 11: Kirk Cook rings up a Powerball lottery ticket sale at a 7-Eleven store on February 11, 2015 in Chicago, Illinois. Ticket sales have caused the jackpot to grow $500 million, one of the largest in the game's history. (Photo by Scott Olson/Getty Images)
DUNKIRK, MD - JANUARY 06: With the Jackpot now at 500 million, Sherrie Haines sells a Powerball ticket to Robert Sweeney at the BP gas station, January 6, 2015 in Dunkirk, Maryland. People are visitingÃlottery counters across the area with hopes of hitting it big in tonights Powerball drawing. (Photo by Mark Wilson/Getty Images)
DUNKIRK, MD - JANUARY 06: With the Jackpot now at 500 million, Gale Call (L) and Sherrie Haines (C) sell a Powerball ticket to Mike Nastasi (R) at the BP gas station, January 6, 2015 in Dunkirk, Maryland. People are visitingÃlottery counters across the area with hopes of hitting it big in tonights Powerball drawing. (Photo by Mark Wilson/Getty Images)
A man purchases a Powerball lottery ticket at a liquor store in Washington, DC, January 4, 2016. Lottery officials predict the January 6 jackpot will reach $400 million, one of the largest in the game's history. AFP PHOTO / SAUL LOEB / AFP / SAUL LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images)
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The grand prize in Saturday's drawing was worth $558 million for a winner choosing an immediate cash payout instead of annual payments over 29 years, according to lottery officials in California, one of the participating states.

The prize, which rises with every drawing in which the winning series of six numbers is not won, ranked as the largest jackpot for any lottery in North American history. With almost unimaginable riches at stake, many Americans who normally shun lotteries joined the long lines of people buying tickets at retail stores across the country.

Dony Elias, 26, an attendant at Stardust Liquor in Los Angeles, said 300 customers picked up tickets for Powerball on Friday night at his store. Elias admitted to buying a ticket for himself, something he said he had never done before.

And like many other players, he had given some thought to what he would do with the cash - "I would take a trip to the moon."

California normally sees Powerball sales of $1 million a day, but on Saturday morning sales were $2.8 million an hour, said California Lottery spokesman Mike Bond.

Excitement swirled among ticket buyers despite what some statisticians call mind-boggling odds for the Powerball game, one in 292 million.

Jeffrey Miecznikowski, associate professor of biostatistics at the University at Buffalo, said in an email an American is roughly 25 times more likely to become the next president of the United States than to win at Powerball.

Or to put it another way, the odds are equivalent to flipping a coin 28 times and getting heads every time.

"It doesn't sound so bad ... but you would be at it for an eternity," Miecznikowski said.

November was the last time a jackpot winner emerged from Powerball, which is run by the Multi-State Lottery Association.

In the drawing on Wednesday night, the jackpot stood at $500 million and with no winner drawn, the stage was set for Saturday night's drawing just before 11 p.m. Eastern time.

The previous record North American jackpot payout for any lottery game was in March 2012, when $656 million was won in the multi-state Mega Millions draw.

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