The Powerball jackpot reached an estimated $975 million after the drawing Saturday night, as a nearly three-month stretch with no big winner continues.

No one has won the Powerball jackpot since New Year’s Day, when a Michigan ticket holder collected a $842.4 million prize. If won, the nearly $1 billion jackpot could be collected in an annuity paid out over 30 years or as a $471.7 million cash option, with both subject to state and federal taxes.

After Saturday, there have been 38 drawings with no winner, nearing the all-time record for winnerless Powerball drawings streaks. The current record was set in 2021 and 2022 at 41 consecutive drawings without a winner.

The Powerball jackpot has broken $1 billion only four times in the game’s history. The largest Powerball prize — and largest lottery prize ever won — was a $2.04 billion jackpot on Nov. 7, 2022, sold to a resident in California.

The Powerball jackpot would be the 10th largest lottery prize in U.S. history if a ticket holder gets lucky on Monday’s drawing.

The whopping Powerball prize continues to grow just days after a ticket sold in New Jersey won a $1.13 billion Mega Millions jackpot, the eighth largest prize in the country’s history.

The odds for Saturday’s Powerball drawing were were 1 in 292.2 million.

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Powerball is played in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Drawings are held on Mondays, Wednesdays and Saturdays at 10:59 p.m., and tickets can be purchased for $2 Massachusetts lottery retailers up to two hours before each drawing.