Fourth Largest Powerball Jackpot Ever On the Line

PORTLAND, Ore. — The Powerball drawing for Wednesday night has been increased from $450 million to an estimated $500 million, making it the game’s fourth largest jackpot ever.

The winner has the option of $306 million in cash before taxes or an annuity paid out over 29 years.

The odds are one in 292.2 million.  You have a greater chance of being struck by lightning, but you can’t win if you don’t play.

An Oregonian beat those odds in October, 2005.  A lucky somebody cashed in for $340 million, among the top ten Powerball winners ever nationwide.

The drawing takes places at 8:00pm.

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