By Avni Trivedi, Hanna Park, CNN(CNN) — The Powerball jackpot has risen to an estimated $975 million after nobody took the grand prize in Monday night’s drawing, which soared to the eighth-largest prize in history. While no one snagged the $905 million jackpot, some players still won sizable prizes, according to the Powerball website. The new $975 million jackpot will be up for grabs in the next drawing, scheduled for Wednesday. The jackpot is now the largest since last year’s $1.8 billion prize won in Arkansas on Christmas Eve. The odds of winning a Powerball jackpot are approximately 1 in 292.2 million.