Powerball jackpot reaches $1 billion for Wednesday's drawing, 3rd largest in game's history

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Powerball jackpot reaches $1 billion for Wednesday's drawing, 3rd largest in game's history
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The Powerball jackpot has grown to an estimated $1 billion for Wednesday night’s drawing, the third highest in the history of the game.

The game's abysmal odds of 1 in 292.2 million are designed to build big prizes that draw more players. The all-time largest Powerball jackpot was $2.04 billion last November.Sign up for NBC Bay Area’s Housing Deconstructed newsletter.

Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Think you have a chance at winning the Lottery? Well, you do! But its a very, very small chance. Here are some things that are more likely to happen to you. The $1 billion Powerball top prize is drawing the lion's share of attention, but the competing Mega Millions lottery jackpot is also reaching

. Ahead of a drawing Friday night, that jackpot stood at $720 million, the fifth-largest in the game’s history.

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