Wednesday Powerball jackpot hits $403 million

(WLUC) - The top prize for Wednesday night's Powerball drawing stands at $403 million after no one won Saturday night's multi-state drawing.

Whoever wins the jackpot can choose to take their winnings either in a lump sum cash payment or in an annuity paid out over 29 years. The lump sum payment, after taxes, is nearly $244 million.

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

Wednesday's jackpot would be the 10th largest Powerball drawing.

Powerball drawings take place Wednesdays and Saturdays at 11 p.m. eastern.

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