$1.2 billion Powerball drawing nears after 11 weeks without a winner

A $1.2 billion Powerball jackpot will again be up for grabs Wednesday night after an 11-week stretch without a big winner, but no matter how large the prize grows the odds stay the same — and they're terrible.

It's those odds of 1 in 292.2 million that make the jackpot so hard to win and that result in such giant prizes for the lucky player or players who manage to pick the game's six winning numbers. The latest Powerball jackpot is the world's seventh-largest lottery prize. The last time someone won the top prize was July 19.

GAME DETAILS

In most states, Powerball tickets cost $2 and buyers can chose their own numbers and single Powerball or leave that task to a computer. Powerball drawings are held three times a week at 10:59 p.m. EDT on Mondays, Wednesdays and Saturday, with the numbers selected at the Florida Lottery in Tallahassee.