TALLAHASSEE (CBSMiami) – Jumpin’ jackpots! The grand prize for Wednesday’s Powerball drawing is an estimated $550 million, the 8th largest in history.READ MORE: Parkland Parent Max Schachter Donates $25,000 To Marjory Stoneman Douglas Orchestra To ‘Keep Alex's Memory Alive’
The Powerball jackpot has rolled 23 times since the December 29, 2018, drawing.
The $550 million jackpot has a cash value option of $335 million.READ MORE: Bobrovsky Makes 29 Saves As Panthers Beat Bruins, Stay Undefeated
Powerball tickets are $2 each and can be played in 44 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands.
Your chance of winning the top prize is roughly 1 in 292 million.MORE NEWS: Adebayo Scores 24 As Heat Pull Away To Beat Nets 106-93
Drawings are held every Wednesday and Saturday at 10:59 p.m and you can watch those drawings on CBS4, your official lottery station.