Powerball $320 million for Saturday's drawing

Last Updated: Thursday, November 17, 2016, 1:11 PM EST

The Powerball jackpot has increased to an estimated $320 million for Saturday night's drawing.

The jackpot has rolled over 16 times since the last winner on Sept. 21.

Related: View the largest U.S. jackpots in history on our Lottery page

In addition to the jackpot prize, Powerball players have the opportunity to win lower-tier prizes from $4 to $2 million by matching any of the non-jackpot-winning combinations.

Jackpot prizes are paid in 30 annual installments or as a one-time, lump-sum payment. In this case, the prize must be claimed within 60 days after the draw to receive the cash option of an estimated $202 million.

There are about 13,000 Florida Lottery retailers.

Saturday's drawing will be held at 10:59 p.m., and tickets have to be purchased by 10 p.m.