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550 million dollar jackpot for Saturday's Powerball drawing

Pile of money
Pile of money

LANSING (WKZO) -- The Powerball jackpot has grown to 550 million dollars, and it could get bigger still before the drawing. The Michigan Lottery's Andi Brancato says that's because sales will continue to rise until the last minute, especially on Saturday, hours ahead of the drawing.

She says 550 million is indeed one jackpot for the record books -- it's the third highest ever in the United States.

Your odds of winning the Powerball jackpot -- one in 175 million. If you were to win and take the lump sum payout, you'd get 350.1 million dollars. Or, you could take an annual payment over 30 years.