Powerball jackpot raised to $700 million, largest in US history

FRESNO, Calif. (KFSN) -- The California Lottery announced that Saturday's Powerball draw has been raised again to an estimated $700 million -- or a lump sum of $428.4 million.

They said that amount represents the largest single jackpot of any draw game in U.S. history -- beating the $656 million Mega Millions drawing on March 30, 2012 which was won by three players in Kansas, Illinois and Maryland.