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

A person buying Powerball lottery tickets from a newsstand Wednesday, Jan. 6, 2016, in Philadelphia. Players will have a chance Saturday at the biggest lottery prize in history. (Matt Rourke/AP)

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.
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