Powerball Jackpot Soars To $535 Million

BRAINTREE (CBS) – The Powerball jackpot is once again reaching eye-popping heights.

Lottery officials say the jackpot for Saturday's drawing is now up to $535 million. That's the highest it's been since the world-record $1.586 billion jackpot in January 2016.

The winner would end up with $340.1 million if they choose the cash option.

Powerball tickets sell for $2 and can be bought until 9:50 p.m. on Saturday.

(Photo credit MARK RALSTON/AFP/Getty Images)

Last week, a winning ticket for the Mega Millions jackpot worth $393 million was sold in Illinois.

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