Powerball jackpot jumps to $600M, largest ever! - FOX13 News, WHBQ FOX 13

Powerball jackpot jumps to $600M, largest ever!

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CHICAGO (FOX 32 News) -

The Powerball jackpot has jumped again! An incredible $600 million is up for grabs, and officials expect it will increase even more before Saturday night's drawing.

Since the end of March, the Powerball jackpot has rolled over 12 times and reached the largest ever total - even bigger than Powerball's impressive 2012 record of more than $587 million.

The Powerball drawing will take place at 9:59 p.m. on Saturday.

The cash value is estimated to be $376.9 million. After taxes, that grand prize would be $263.8 million, according to the Illinois Lottery. The overall odds of winning this jackpot are 1 in 175,000,000.

That's not the only jackpot on people's minds.

The drawing for the $190 million Mega Millions takes place at 10 p.m. Friday. The cash option is $140 million. The overall odds of winning this jackpot are 1 in 175,711,536.

But if the two lotteries are combined, a single player has the chance of winning over $790 million!

The Sun-Times Media Wire contributed to this report.

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