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$1 BILLION: Will Powerball's next billionaire be British?

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Now the 8th-largest jackpot in Powerball history

By Todd Northrop

For the first time ever, a billion-dollar American lottery jackpot is up for grabs on both sides of the Atlantic.

Wednesday night's Powerball drawing features an estimated $1 billion annuity jackpot with a lump-sum cash option of $433.1 million. And thanks to the game's expansion into the United Kingdom last month, there are more people than ever buying tickets.

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