Iowa Lottery players won a total of 37,996 prizes in Monday’s Powerball drawing. See details before the next drawing.

That means the drawing on Wednesday, Dec. 24 will be worth an estimated $1.70 billion with a cash option of $781.3 million. The $1.70 billion jackpot would be the fourth largest in Powerball and U.S. lottery history. Should ticket sales push the jackpot past the $1.787 billion mark, it would become the second largest jackpot ever.

Powerball has released the official winning numbers for the $1.6B jackpot as players across the U.S. check their tickets.

Here are Saturday’s winning lottery numbers: The estimated Powerball jackpot is $1.50 billion. The lump sum payment before taxes would be about $689.3 million.

The odds of winning the jackpot are 1 in 292.2 million, according to Powerball. The overall odds of winning a prize are 1 in 24.9. Video above: Get the Facts: What are your chances of winning the Powerball?

The jackpot is up to an estimated $1.7 billion for the Christmas Eve drawing on Wednesday, December 24. The estimated cash value of Wednesday's Powerball is $781.3 million, making it the fourth largest in Powerball history and among US lottery games.

All five numbers and the red Powerball must match the winning numbers for a player to win the jackpot. The odds of that happening are 1 in 292.2 million.