By CBSBoston.com Staff

BOSTON (CBS) — Even Santa couldn’t deliver a gift this big. The Powerball jackpot is now up to $400 million ahead of Saturday’s Christmas Day drawing.

The cash option is estimated to be $292 million.

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The Powerball prize hasn’t been this high since early October, when a ticket worth nearly $700 million was sold in California.

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Powerball drawings are held every Monday, Wednesday and Saturday night.

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The Mega Millions jackpot is up to $187 million.

CBSBoston.com Staff