Powerball Jackpot Rises To $700 Million

BRAINTREE (CBS) – The Powerball jackpot is reaching record territory ahead of Wednesday night's drawing.

The jackpot is now up to $700 million, lottery officials say. That's the highest it's been since the $1.586 billion Powerball jackpot from January 2016.

A $700 million prize would be the second-largest ever in North America.

The cash option would net the winner $443.3 million.

(Photo credit: SAUL LOEB/AFP/Getty Images)

Tickets can be bought up until 9:50 p.m. Wednesday night for $2 each.

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