_20121128122122_320_240.JPG "Lamar Fallie, 52, of Chicago buys six Powerball tickets")
Lamar Fallie, 52, of Chicago buys six Powerball tickets at a BP gas station Wednesday, Nov. 28, 2012 in Calumet Park, Ill. (AP Photo/M. Spencer Green)
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Powerball jackpot boosted again to $550M
Cash option = $360.2 million before taxes
Updated: Wednesday, 28 Nov 2012, 1:51 PM EST
Published : Wednesday, 28 Nov 2012, 12:19 PM EST
DES MOINES, Iowa (AP) — The record Powerball jackpot just keeps rising. It now stands at $550 million after officials say brisk sales keep driving up the payout amount.
The jackpot was boosted to $500 million on Tuesday and raised again Wednesday morning to $550 million.
A winner taking the cash option would get $360.2 million before taxes.
The numbers are an estimate and could be increased again as the drawing nears.
Powerball officials say they now believe there is a 75 percent chance that the winning combination of numbers will be drawn Wednesday night.
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