Drawing nears for $750 million Powerball jackpot

DES MOINES, Iowa (AP) -- Lottery players will have a shot at the fourth-largest jackpot in U.S. history as numbers are drawn for the estimated $750 million Powerball game.

The drawing Saturday night will come four days after someone won a $1.537 billion Mega Millions jackpot, the second-largest prize. The ticket was sold in South Carolina.

Those planning to spend $2 on a Powerball ticket can hope for a giant payday but should realize they have almost no chance of winning the top prize. That's because the odds of winning the jackpot are one in 292.2 million.

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No one has won the Powerball jackpot since Aug. 11.

The $750 million prize refers to the annuity option, paid annually over 29 years. A winner who opted for cash would get $428.6 million.

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