Powerball jackpot reaches $600 million

Strong Powerball ticket sales since a Wednesday night drawing with no big winner have further padded an already large jackpot, lottery officials said Thursday afternoon.

It now stands at $600 million, with the cash option moving up to $376.9 million, according to the competition's website. It is now the largest Powerball jackpot in history, according to lottery officials.

The next drawing will be held on Saturday.

Prior to the strong Thursday sales, the lack of a winner on Wednesday night had left the pot at $475 million, with a $302.4 million cash payout. The total was then bumped to $550 million Thursday afternoon.

Wednesday's five white winning numbers were 2, 11, 26, 34 and 41, with 32 as the red bonus number. The jackpot is won by matching all five white numbers in any order and the red bonus number.

Annuitized winnings are paid out over 29 years, while the cash payout option is one lump sum payment.



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