Powerball jackpot grows to $348 million after weeks without grand prize winner

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Powerball Jackpot Grows to $348 Million

Los Angeles, Calif. (KTLA) -- Less than four months after reaching a record $1.586 billion, the Powerball jackpot is again steadily growing, hitting an estimated $348 million after Saturday night's drawing, the Multi-State Lottery Association said.

The winning numbers for the latest Powerball game, announced shortly before 8 p.m., were: 3, 12, 16, 32 and 34, with a Powerball number of 14.

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Although no one won the grand prize, more than 1,236,000 people won a total of about $12.8 million, according to Powerball.com.

The current jackpot has now rolled 17 times since March 2, the last time a player matched all five numbers plus the Powerball to win the lottery's jackpot.

The winning ticket, sold in Marathon, Florida, was worth $291.4 million.

Any player who matches all six numbers in the next drawing, scheduled for Wednesday, has the option of taking a one-time payment of $226.1 million, according to the Lottery Association. They can also choose to get the entire sum in annual installments over 30 years.

As California Lottery officials noted in a news release, the Powerball jackpot quickly rose after jumping past the $300 million mark, climbing a whopping $1 billion over the course of a week in January.

Three winning tickets matched all of the numbers chosen in the Jan. 13 drawing to split the record-setting prize, including one that was sold in Chino Hills.

The ticket holder has yet to be publicly identified; it remained unknown whether anyone claimed the $528.8 million prize.

Powerball tickets can be purchased at participating retailers for $2 apiece. Numbers are drawn at 7:59 p.m. on Wednesdays and Saturdays.

Related: Take a look back at January's massive Powerball jackpot frenzy:

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January 2016 massive Powerball jackpot
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Powerball jackpot grows to $348 million after weeks without grand prize winner
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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