Posted: Wed, August 15 2012 at 8:07 AM, Updated: Wed, August 15 2012 at 8:13 AM
The jackpot for Wednesday's drawing of Powerball has reached $320 million.
It's now the fourth highest ever for the multistate lottery that includes Oregon.
If no winner is drawn Wednesday night, the jackpot is expected to set a record for the game of around $400 million.
If a winner is drawn, they have the option of taking a net cash payment after taxes of more $142.9 million... or the yearly-prize option after taxes of more than $7.1 million annually over 30 years.
The powerball drawing is scheduled for Wednesday night, at 7:59 PM.
Ticket sales close at 7 PM, so if you want in, be sure to make the deadline!