There's some hefty jack in the jackpot as Powerball revs-up for another drawing. The prize is up to $400 million - the fourth largest in the history of the game.
The Powerball jackpot starts at $40 million and continues to grow by at least $10 million each drawing until it is won.
There have been 11 consecutive Powerball drawings since August 10 without a jackpot winner. This run has grown the estimated jackpot for the Wednesday, September 18 drawing to $400 million or $223.6 million with the cash option selected.
Nine jackpots ranging from $2.5 million to $365 million have been won in Nebraska since the Nebraska Lottery began offering Powerball in July of 1994. The largest Powerball jackpot won in Nebraska occurred in February 2006 when a group of eight coworkers at the ConAgra Foods ham and corned beef plant in Lincoln split a $365 million jackpot.
Powerball jackpot winners have two options for collecting their payment: 30 annuity payments or one cash payment at present value. The annuity option provides annual payments that increase each year. The present cash value is less than the advertised jackpot, which is based on the 29-year annuity option. Winning Powerball numbers are announced every Wednesday and Saturday at 9:59 p.m. Central Time.