Powerball now at $1.38 billion; more than $1 billion in tickets sold

The L.A. Times reports:

With no winners from Saturday's record Powerball drawing, the jackpot is hitting billion-dollar territory.

How much is the new jackpot?

The jackpot rises to $1.38 billion for the next drawing, on Wednesday. Saturday's winnings would have been $949.8 million.

Large.