How Much Is The Powerball Jackpot For Wednesday, March 22, 2017?

The Powerball drawing scheduled for Wednesday has an estimated jackpot of $155 million, after there was no jackpot winner after drawing Saturday, causing the amount to increase for the next jackpot.

The North American lottery game is played by selecting five numbers for white balls and one for the red ball. If the numbers on your ticket match all five on the white balls and the red Powerball number drawn by the host of the lottery, you win the Powerball jackpot.

The numbers are drawn at 10:59 p.m. EDT.

Read: How To Play And Win The March 22 Jackpot Of $155 Million

The Powerball ticket can be bought in 44 U.S states along with the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The lots are drawn every Wednesday and Saturday. If there is no winner for the jackpot on a given day, the jackpot for the next drawing increases in value.

The winner has two options — the full amount in 30 installments over 29 years, or a lump sum, which is smaller than the actual total of the jackpot. For Wednesday’s drawing, the lump sum cash payout is estimated at $92.4 million.

The jackpot is not the only thing that you can win. There are also a number of smaller prizes, for example, $1 million for getting the five white-ball numbers in any order. You can also win $50,000 for guessing four of the white balls and the red Powerball number together. Guessing four white-ball numbers can get you $100, three can get you $7 and guessing only the red Powerball number makes you eligible for a $4 prize. The tickets can be bought for $2.

There is no consensus over whether picking the numbers on your own gives you a better chance of winning the jackpot than getting a computer to do the job. While the Multi-State Lottery Association reportedly says that almost 75 percent of winning tickets have numbers chosen by a computer, Richard Lustig, who has won a number of lotteries, told Forbes recently that it is recommended that people select a group of numbers and stay with them.

The record for the biggest Powerball jackpot was a $1.6 billion drawing in January 2016. Last month, a lucky player in Indiana won the $435 million jackpot, which is the 10th largest in the game’s history.