Powerball jackpot hits $403 million ahead of Wednesday’s drawing

Posted at 7:46 AM, Feb 22, 2017
and last updated 2017-02-22 18:30:15-05

NEW YORK — The Powerball jackpot continues to grow, hitting $403 million ahead of Wednesday night’s drawing.

This comes after no one won Saturday’s multi-state drawing for $349 million.

The drawing is the tenth largest ever, Reuters reports, with the biggest being the only one to surpass the 10-digit mark at $1.59 billion.

The winner, or winners, be will choose between receiving the money in an annuity paid out over 29 years, or in a lump sum that reduces the reward to about $244 million after taxes.

Your chances of winning? At one in 292,201,338, they're not great.

The Powerball is played in 44 states, Washington D.C., Puerto Rico and the Virgin Islands.