Wednesday night’s Powerball jackpot an estimated $508 million

A play slip for the Powerball lottery sits in a holder at a convenience store in Dallas, Thursday, March 26, 2020. (Tony Gutierrez/AP Photo)

The Powerball jackpot continues to grow with Wednesday night’s jackpot at estimated $508 million.

This will be the game’s largest jackpot since January, lottery officials said.

Wednesday’s drawing offers a cash value worth an estimated $256.3 million. If there is no jackpot winner for tonight’s Powerball drawing, the Grand Prize for the Saturday drawing will be an estimated annuitized $550 million.

“The excitement for the current Powerball jackpot prize is steadily building, causing a lift in our sales over the last several days, which ultimately benefits public education in Texas,” said Gary Grief, executive director of the Texas Lottery. “While we are keeping our fingers crossed that this Powerball jackpot is won by a Texas Lottery player, we want to remind our players to play responsibly. It only takes one ticket to win.”

Wednesday night’s drawing will be the 33rd in the current Powerball jackpot run since starting as an estimated annuitized $20 million for the Aug. 6 drawing. This is the largest Powerball jackpot up for grabs since it reached an estimated annuitized $632.6 million for the Jan. 5 drawing.

Since joining the Powerball game in 2010, Texas has had two Powerball Grand Prize winners, including its most recent in February 2015 when TL Management Trust, Andrew Weber, Trustee of Austin, claimed a share of the $564.1 million Grand Prize with two other winners.