(CNN) 鈥 The has climbed to $638 million just in time for its next drawing on Christmas night.
In the past, three jackpots have been won on Christmas, according to a news release from Powerball. The last time was 10 years ago when an individual in Missouri won $71.5 million.
鈥淭his could be a very Merry Christmas for a Powerball player,鈥 Powerball product group chair Drew Svitko said. 鈥淚t鈥檚 not often we have a Powerball drawing coincide with the Christmas holiday and with a jackpot of this magnitude.鈥
The estimated cash value for this grand prize is $321.1 million, , and the odds of winning are 1 in 292.2 million.
Cut-off times for ticket sales vary, but typically it鈥檚 one to two hours before the drawing, which is scheduled for 10:59 p.m. ET on Monday.
The last jackpot was won on October 11 with a prize of $1.765 billion.
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