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Report: Powerball Jackpot Now $500 Million

11:25 PM, Nov 27, 2012   |    comments
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WASHINGTON (WUSA) -- The Powerball jackpot is now $500 million, Maryland Lottery officials announced Tuesday.

The announcement came after there were reports Monday of the jackpot potentially reaching $425 million.

Officials say the jackpot cash value is now $327 million.  The $500 million jackpot is the largest Powerball jackpot since the game started in 1992.

The largest Powerball jackpot ever won came in 2006 when a $365 million prize was claimed by eight co-workers in Nebraska.

The next Powerball drawing will take place on Wednesday, November 28 at 11:22 p.m..

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