Powerball Jackpot Now 2nd Biggest in History

It's up to $700M for Wednesday night's drawing
By Newser Editors and Wire Services
Posted Aug 22, 2017 12:55 PM CDT
Powerball Jackpot Now 2nd Biggest in History
A customer shows his purchased Powerball tickets in Hialeah, Fla.   (AP Photo/Alan Diaz, File)

Get your lucky numbers ready. The jackpot for Wednesday night's Powerball lottery game has climbed to $700 million, making it the second largest in US history, per the AP. The drawing will be 10:59pm EDT in Tallahassee, Fla. For the record, the $700 million figure refers to the annuity option, doled out in 30 payments over 29 years. Nearly all winners favor the cash option, which pays significantly less. For the current jackpot, the cash prize would be $443.3 million. The odds of winning are one in 292.2 million. The only bigger Powerball jackpot came in 2016, when it reached $1.6 billion. The AP lists the biggest jackpots here. (More Powerball stories.)

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