$450 Million Powerball Jackpot Drawing Set for Wednesday

Wednesday’s upcoming Powerball drawing has one of the biggest prizes on the line in recent history.

Estimated at $450 million, the jackpot exceeds its highest amount in the past year.

According to lottery officials, the largest win in recent history was logged Feb. 19, 2014, when a California man took home a $425 million win. The biggest win on record came in May 2013 when a $590.5 million prize went to a winner in Florida.

But, just how much does Wednesday’s jackpot amount to in take home cash? According to the website USAMega.com, a hefty sum!

A lump-sum payment in Florida, where there are no state taxes on lottery wins, would add up to $228,075,000. If a winner chose 30 payments, the prize amount would come out to roughly $337,500,000, the website states.

Wednesday’s drawing takes place at 10:59 p.m. Ticket sales stop at least 59 minutes before the drawing.

Powerball is played in 44 states, including Florida, Washington D.C., Puerto Rico and the U.S. Virgin Islands.

What would you do with that much money? Tell us by commenting below!

Keep up with what’s happening around town and the state by signing up for your favorite Patch daily newsletter: Bloomingdale-Riverview,Bradenton, Brandon, Carrollwood-Northdale,Clearwater, Dunedin, East Lake, Gulfport, Land O’ Lakes, Largo, Lutz, New Port Richey, New Tampa,Palm Harbor, Pinellas Beaches, Safety Harbor, Sarasota, Seminole Heights, South Tampa-Hyde Park, St. Pete, Tarpon Springs, Temple Terrace, Westchase.