Powerball Jackpot Tops $1.4 Billion

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MIAMI (CBSMiami) — Here we go again. The Powerball jackpot has been increased again and now stands at $1.4 billion, the world's largest jackpot ever offered.

If you plan to buy a ticket for your shot at instantly becoming a millionaire, remember it must be done before 10 p.m.on Wednesday to be eligible. Players are encouraged to purchase early to avoid long lines.

In their is a single ticket winner, they can take the jackpot in 30 annual installments or a lump sum of $868 million in cash.

Florida is among the top-selling Powerball states of any U.S. lottery, exceeding more than $3.2 billion in sales, yielding $1.3 billion in education funding to date.

Since Powerball launched in the state in January 2009, the Florida Lottery has had the most winners in the nation, winning more than $1.5 billion in prizes, including ten jackpot winners.

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