UPDATE: Two winning tickets sold in record Powerball prize - WKOW 27: Madison, WI Breaking News, Weather and Sports

UPDATE: Two winning tickets sold in record Powerball prize

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MADISON (WKOW) -- Two winning tickets were sold to claim the record Powerball jackpot.

Early Thursday morning officials confirmed two winning tickets were sold; one in Arizona and one in Missouri. Nearly 9 million other players won smaller prizes.

The numbers drawn were 5, 16, 22, 23, 29 and the Powerball was 6.

The jackpot had increased to nearly $580 million by the time of the drawing. That made the cash option around $379.8 million.

Tickets on Wednesday were selling at a rate of 130,000 a minute nationwide.

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MADISON (WKOW) -- Here are the Powerball numbers for Wednesday, November 28:

05, 16, 22, 23, 29 and Powerball of 6

Powerball officials said Wednesday night that the jackpot had risen to nearly $580 million.

Prior to the drawing, officials said they believed there was a 75 percent chance someone would match the winning combination Wednesday night.

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MADISON (WKOW) -- The Powerball jackpot keeps rising. 

Officials say the brisk sales of tickets keep driving up the payout amount, which is now at $550 million.

If one person wins and takes the cash option, that come out to $360.2 million before taxes. 

The jackpot could increase again as the drawing nears.

Powerball officials believe there is a 75 percent chance that the winning combination of numbers will be drawn Wednesday night.

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MADISON (WKOW) -- Are you feeling lucky? If so, you may want to head out and buy a Powerball Jackpot ticket.

An enormous Powerball drawing will be on Wednesday night. It's the richest Powerball pot, ever. Right now, the jackpot stands at $500 million. Strong ticket sales mean that number could go up.

According to CNN, the Powerball is held in 42 states, the District of Columbia and the U.S. Virgin Islands.

Past winners of mega-lottery drawings and financial planners say they have some advice if you win big. They say: stick to a budget, invest wisely, learn to say no and be prepared to lose friends.

Mohammad Qureshi, Mobil cashier on East Washington Avenue, expects more people to buy tickets on Wednesday.

"Last night, one lady bought $50 dollars worth of Powerball tickets and it looks like we will sell more," says Qureshi.

Richard Lustig, has won the lottery seven times, and has a formula to win. According to Lustig, "Most people buy a $1 ticket and win $10 and they put the $10 in their pocket."

"Those people are playing the game wrong. Instead, if you win $10, then you should buy $11 worth of tickets because "if you lose, you only lost a $1," said Lustig.

Lustig says this is a formula that has helped him to win more than $1 million.

Click here for more information.

Lottery officials say there's about a 60 percent chance that someone will hit the Powerball Jackpot. The drawing will be at 10:00 p.m. on Wednesday.

Click here for more information.

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