Powerball Jackpot at Record High

By Lorne Fultonberg

Powerball Jackpot at Record High

November 26, 2012 Updated Nov 27, 2012 at 2:28 PM EDT

(WBNG Binghamton) The Powerball jackpot has never been higher. Matching five numbers and the Powerball could net you $425 million.

This is the first time that the game's jackpot has been more than $400 million, according to the New York Lottery.

The current game started at $40 million dollars on October 6. Since then, the jackpot has rolled over 15 times.

The previous largest prize was in 2006 when eight people in Nebraska split a $365 million pot.

To win, players have to match five numbers from 1-59 and a Powerball number from 1-35. The odds of winning it all? Longer than one in 175 million.

Your odds of matching all five numbers are significantly better--about 1 in 5 million--but doing so only nets you $1 million.

A $425 million dollar jackpot has a cash payout of $278 million dollars, according to the Powerball website.

You can purchase your ticket until 9 p.m. Wednesday.

You can watch the drawing Wednesday live at 11 p.m. on WBNG.

To submit a comment on this article, your email address is required. We respect your privacy and your email will not be visible to others nor will it be added to any email lists.