Record Powerball jackpot boosted to $500M - WKOW 27: Madison, WI Breaking News, Weather and Sports

Record Powerball jackpot boosted to $500M

DES MOINES, Iowa (WKOW) -- The record Powerball jackpot just got even bigger, due to huge ticket sales.

Powerball officials say they've boosted the jackpot for Wednesday's drawing from $425 million to $500 million. Huge ticket sales nationally are pushing the payout higher.

A single winner choosing the cash payout will take home $327 million before taxes.

When there are record jackpots, players who usually sit on the sidelines begin to play and group purchases from work pools increase.

The jackpot is the largest ever for the Powerball game and the second largest lottery jackpot of all time, eclipsed only by the $656 million Mega Millions record set in March.

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