Another Powerball jackpot is racing up the record books after almost three months without a winning ticket holder.
The prize has grown to $422 million ahead of Wednesday night's drawing making it the eighth largest in the game's history and the 11th-biggest lottery prize ever in the United States.
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The jackpot amount has now rolled over 22 times since it was reset to its starting sum of $40 million for a drawing back on May 11, lottery officials said.
A winning ticket consisting of all six numbers will be worth an estimated payout of $422 million if spread over 30 years, or the winner may opt for a lump-sum payment of $291.8 million before federal taxes.
The drawing — planned for 11 p.m. ET — comes about 2-1/2 months after a $429.6 million winning Powerball ticket was sold in New Jersey and two weeks after a $540 million Mega Millions lottery jackpot was clinched in Indiana.
Those two prizes ranked as the ninth- and seventh-largest in U.S. lottery history, respectively.
The largest all-time biggest lottery prize offered in North America was a Powerball jackpot worth nearly $1.6 billion for winning tickets sold in California, Tennessee and Florida in January of this year.
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A couple who bought the winning California ticket in that draw came forward just last week to claim their $528 million share of the prize. They will take home a cash option of $327.8 million before taxes.
Powerball — based on lottery tickets sold for $2 apiece — is played in 44 states as well as the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
