SYDNEY, Oct. 5, 2023 /PRNewswire/ -- The US Powerball lottery, known worldwide for offering the biggest jackpots, is on its way to setting new records. As there were no winners of the jackpot in its draw on Wednesday, 4 October, Powerball's first prize has skyrocketed to an estimated AU$2.2 billion (US$1.4 billion) for its upcoming draw on Saturday, 7 October.

The US Powerball has never offered billion-dollar jackpots in consecutive jackpot cycles. The last jackpot win was on 19 July, when a single Californian won US$1.08 billion. Since...