The Powerball jackpot for Saturday’s drawing resets to $20 million after a ticket sold in Arkansas won $1.8 billion on Christmas Eve - one of the richest lottery prizes in U.S. history. The lucky ticket holder who won the second-highest Powerball jackpot in the game's history on Wednesday has the option to receive either an immediate payment followed by annual checks over the next 29 years or a lump-sum cash payout of about $834.