Powerball jackpot reaches $400 million

The Powerball jackpot has swelled to $400 million after no one won the latest drawing Saturday.

Just a few days ago, the jackpot was an estimated $300 million. No one has hit a winning number in the Powerball lottery since June 23, when a ticket holder in Pennsylvania won $131.5 million.

Maryland is one of 43 states, along with Washington and the Virgin Islands, that participate in the lottery.

The next drawing will be held Wednesday.

The biggest single-winner Powerball jackpot of $590.5 million was claimed in June by an 84-year-old Florida woman who opted for a lump-sum payment of nearly $371 million rather than the 30-year option.

The largest jackpot in U.S. history stands at $656 million, won in the Mega Millions lottery of March 2012. That prize was split among winners in Maryland, Kansas and Illinois.



Reuters contributed to this report.

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