UNDATED (WJON News) -- For the third time ever, the Powerball jackpot has reached the one billion dollar mark.

The jackpot is currently estimated at $1 billion for the next drawing Wednesday. The jackpot has an estimated cash value of $516.8 million.

There were two $50,000 winners in Minnesota Monday night with one ticket sold in Oakdale and one in Minneapolis.

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The Mega Millions jackpot has surpassed the $700 million mark. It is at an estimated $720 million ($369.6 million cash) for the next drawing on Friday.  It is the fifth-largest jackpot in that game's history.

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