The jackpot for Wednesday night's Powerball has hit $700 million.
The drawing will occur on Wednesday, August 23, at 10:59 p.m. ET.
Powerball drawings happen every Wednesday and Saturday at 10:59 p.m. There have been 21 consecutive drawings without a winner — the latest was on Saturday, August 19.
In Powerball, organizers draw five white balls from a drum of 69 and one red ball — the "powerball" — from a drum of 26. Each $2 ticket lists five numbers between 1 and 69 and one between 1 and 26. Players can choose the numbers or have them chosen randomly via the Quick Pick option.
A player will win the $700 million jackpot on Wednesday if their ticket matches all five numbers (in any order) and the red powerball.
If no one wins, the next Powerball drawing will be on Saturday.