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Wednesday’s Powerball jackpot is $750 million

The Powerball jackpot climbed to $750 million after no one won Saturday’s drawing, creating what could be the U.S.’s fourth-largest jackpot ever.

The next Powerball drawing will take place at 10:59 p.m. Eastern time on Wednesday.

The Powerball jackpot has been growing since late December and could rank just behind the $758.7 million Powerball jackpot won in August 2017. But it is still nowhere near the record $1.586 billion jackpot, shared among three winning tickets on Jan. 13, 2016.

That estimated $750 million is the amount awarded if the annuity option, with payments spread out over 30 payments, is chosen; the cash option would pay out an estimated $465.5 million all at once, all before taxes.

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