ALBANY, N.Y. – A $325 million Powerball jackpot is up for grabs Saturday night – the fourth largest jackpot in the lottery's history.
But even with a $325 million draw, ticket sales have been lower than usual. Powerball officials say this is likely because of the holiday weekend.
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.
According to Powerball's website, the odds of winning Saturday's jackpot are 1 in 175,223,510.
If nobody wins tonight, the next drawing, on Wednesday, could top $425 million.
Powerball is played in 42 states and the U.S. Virgin Islands. Only California, Nevada, Hawaii, Alaska, Mississippi, Alabama, Utah, and Wyoming do not participate in the multi-state game.