Powerball’s estimated jackpot hits $478 million

By The Associated Press
July 27 2016 11:30 PM

CP1833483953 — FILE - In this Jan. 13, 2016 file photo, a clerk at a convenience store pulls Powerball tickets from a printer for a customer in Tampa, Fla. The Powerball jackpot for the Wednesday, July 27, 2016, drawing has soared to over 20 million thanks to nearly three months without a winner of the big prize. (AP Photo/Chris O\'Meara, File)

DES MOINES, Iowa – No one has matched the jackpot-winning numbers in Wednesday night’s Powerball drawing, and the prize has increased to an estimated $478 million.

The next drawing will be Saturday. Nearly three months have passed without a winner of the big prize.

The chance of winning Powerball is incredibly small, at 292.2 million-to-1. But players have much better odds, of about 1 in 25, of winning smaller prizes ranging from $4 to $1 million.

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