The Powerball jackpot has reached $325 million, the fourth largest in the lottery’s history. The drawing will be Nov. 24.
If one person’s ticket matches all five numbers along with the Powerball number, that winner will receive a $212.8 million lump sum before taxes. If the winner chooses the annuity option, he or she will receive annual installments for 29 years equal to the full $325 million.
That is, of course, if there is a winner.
According to Powerball’s website, the odds of winning Saturday’s jackpot are 1 in 175,223,510.
However, such huge jackpots always encourage more people to play and as the prizes grow, so do the number of ticket buyers.