Powerball lottery at $1.73 billion. Why we estimate 1 or 2 rollovers till $2 billion

Lotto frenzy is upon us again. How long will it take Powerball to reach a $2 billion jackpot?

After no one matched all five numbers plus the Powerball in the Saturday, Oct. 7, drawing, the grand prize climbed from $1.4 billion to $1.55 billion for Monday, Oct. 9.

Monday’s Powerball drawing led to a rollover, but it wasn’t all bad news: Florida did have one big winner as one ticket matched 5 plus the Power Play for a $2 million prize. That ticket was sold at Publix, 9359 Sheridan St., Hollywood. There also were four tickets that matched 5 for $1 million prizes. Those tickets were purchased in California, Indiana, Oregon and Virginia.

With almost 35 rollovers to the current pot, how many more rollovers would we need to get to (another) $2 billion? Based on the trajectory of last year's $2.04 billion lottery frenzy, at least one, maybe two more. Below are snapshots of two major Powerball series, from the current streak of July 22, 2023, to Oct. 9, 2023, and the record-setting $2.04 billion prize, which grew from Aug. 6, 2022, to Nov. 7, 2022. Both show how long it took for the grand prize to climb from $20 million on up.

How long has Powerball rolled over?

This Powerball jackpot streak started July 22, with rollovers till the current pot. Before that, one ticket purchased in California matched the six numbers to win the Wednesday, July 19, lottery jackpot of $1.08 billion. The July 19 winning ticket was sold at Las Palmitas Mini Market in Los Angeles, which scored a $1 million bonus commission, according to California Lottery officials. The prize, the seventh largest jackpot in the history of Powerball and Mega Millions, has not yet been publicly claimed.

Here's a snapshot of how the jackpot has climbed (in so short a time).

Coincidence? Powerball jackpot for 11/2/22 was $1.2 billion. 2, 11 and 22 were among winning numbers

How long did it take Powerball to get from $20 million to $2.04 billion jackpot?

Only once in U.S. history did a lottery jackpot reach and surpass $2 billion — that happened in November 2022.

There were months of rollovers, from Aug. 6, 2022, to Nov. 7, 2022, when Powerball soared from $20 million to the largest jackpot in the game's history — $2.04 billion with a cash option of just under $1 billion ($929.1 million, to be exact).

The winning numbers in the Nov. 7, 2022, $2.04 billion Powerball drawing were 10, 33, 41, 47, 56, and the Powerball was 10.

The jackpot was reported as an estimated $1.9 billion on the day of the scheduled drawing (Nov. 7), with the final prize at $2.04 billion Tuesday morning after updated calculations. The Nov. 7 Powerball drawing for $2.04 billion actually took place Nov. 8, 2022, after a participating lottery needed “extra time to complete required security protocols,” according to the California Lottery.

Here's a snapshot of how the jackpot has climbed (in so short a time).

Mega Millions: Mega Ball was 25 (again!) and rollover on July 25 led to $910 million jackpot

What is the largest lottery jackpot in U.S. history? Who claimed $2.04 billion Powerball prize?

The largest lottery prize ever climbed to $2.04 billion in November 2022. The jackpot was an estimated $1.9 billion days before the drawing, but lottery ticket sales helped it grow to more than $2 billion after updated calculations. A single ticket purchased in California won the grand prize, and the winner was revealed on Valentine's Day − Feb. 14, 2023. Edwin Castro won the largest-ever lottery jackpot, and he opted for a lump sum of $997.6 million, just shy of $1 billion, according to the California Lottery.

Castro purchased his winning ticket from Joe's Service Center in Altadena, California. The store received a $1 million bonus commission for selling the ticket.

How would you spend that money? Powerball, Mega Millions and billion-dollar jackpots: Who won, how long did it take to win?

When did lotto jackpots hit $1 billion or more?

As of Oct. 9, 2023, there have been nine lottery jackpots that have reached or surpassed $1 billion. Only once has a jackpot surpassed $2 billion.

Sangalang is a lead digital producer for USA TODAY Network-Florida. Follow her on Twitter or Instagram at @byjensangalang. Support local journalism. Consider subscribing to a Florida newspaper.

This article originally appeared on Florida Today: How long will it take Powerball to reach $2 billion? How many rollovers