Powerball drawing reaches 8th largest in history

Powerball Lottery / (MGN)
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Lottery fever is gripping the nation, and the only cure appears to be at least one winning ticket.

Wednesday night's Powerball drawing has an estimated jackpot of $550 million. That's the eighth largest in the history of the game.

The winner can choose to get their jackpot in annual payments or take a lump-sum payment of $335 million before taxes.

But the odds are pretty long to match all five numbers plus the Powerball number. How long? About one in more than 292 million.

You can watch the drawing Wednesday night right here on WNDU, your exclusive lottery affiliate.