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MIAMI (CBSMiami) – Lottery fever is gripping the country and the only cure appears to be at least one winning ticket.

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Wednesday’s Powerball drawing has an estimated jackpot of $550 million. That’s the eighth largest in the history of the game.

The winner can choose to get their jackpot in annual installments or take a lump-sum payment of $335 million before taxes.

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But the odds are pretty long to match all five numbers plus the Powerball number.

How long? About one in more than 292 million.

Powerball is played in 44 u-s states, the District of Columbia, Puerto Rico and the US Virgin Islands.

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Drawings are held every Wednesday and Saturday at 10:59 p.m and you can watch those drawings on CBS4, your official lottery station.