NATIONWIDE -- The Powerball jackpot has surged past the half-billion mark after no one hit the winner numbers during Saturday's drawing.

  • Powerball jackpot now stands at $550 million
  • Cash option estimated at $335 million
  • The jackpot is the 8th largest in the game's history

With an estimated $550 million up for grabs for Wednesday night's drawing, the jackpot is now the eighth largest in the game's history, according to lottery officials.

Wednesday night's drawing comes with a cash option estimated at $335 million. 

The Powerball jackpot has rolled over 23 times since a winning ticket was sold in New York for the December 26 drawing.