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Powerball Estimated Jackpot Surges To $400M

February 16, 2014, 3:34 PM

Powerball Estimated Jackpot Surges To $400M
DES MOINES, IA -

Lottery officials say there was no jackpot winner in Saturday's Powerball drawing, adding the current estimated jackpot has jumped to $400 million or $227.8 million in cash value.

Powerball said the next drawing will be Wednesday, Feb. 19. It added in a statement that the previous estimated jackpot total was an annuitized $330.8 million, or $188.4 million as a cash option.

Powerball is played in 43 states, Washington, D.C., and the U.S. Virgin Islands. The odds of matching all six numbers in the game are 1 in about 175 million, according to statistics of the nonprofit Multi-State Lottery Association whose members offer one or more of the association's games.

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