GLOBAL ECONOMY

Powerball jackpot rises to $334M, 12th largest in history

CHICAGO, IL - NOVEMBER 28:  A customer purchases a Powerball lottery ticket at a 7-Eleven store on November 28, 2012 in Chicago, Illinois. Jim Bayci, who owns the store, estimates more than half of his customers included at least one Powerball ticket with their purchase today. The jackpot for Wednesday's Powerball drawing is currently at $550 million which is the richest Powerball pot ever. It is likely to rise even more as people continue to buy before tonights drawing.    (Photo by Scott Olson/Getty Images)

CHICAGO, IL - NOVEMBER 28: A customer purchases a Powerball lottery ticket at a 7-Eleven store on November 28, 2012 in Chicago, Illinois. Jim Bayci, who owns the store, estimates more than half of his customers included at least one Powerball ticket with their purchase today. The jackpot for Wednesday's Powerball drawing is currently at $550 million which is the richest Powerball pot ever. It is likely to rise even more as people continue to buy before tonights drawing. (Photo by Scott Olson/Getty Images)  (2012 Getty Images)

The Powerball jackpot has risen to $334 million, the 12th largest in the game's history.

No one won the jackpot on Wednesday, and the next drawing is set for Saturday. The lump-sum cash prize for the winner is $205 million.

Iowa Lottery spokesman Kevin Kirkpatrick says the last time the prize was close to this amount was in March 2013, when a New Jersey man won $338 million.

Powerball's largest jackpot was more than $590 million in May 2013. Kirkpatrick says the game would have to continue a few more rounds without a winner before it could reach that level.

The odds of winning the Powerball jackpot are 1 in 292 million.

More On This...

Like us on Facebook
Follow us on Twitter & Instagram