BUSINESS
05/13/2013 03:21 pm ET

Powerball Jackpot Reaches $350 Million; Next Drawing May 15

AP

The Powerball jackpot has hit a massive $350 million. That's the third-largest Powerball prize of all-time, according to Fox News.

The odds of winning the Powerball grand prize are 1 in 175,223,510. Powerball can be played in 43 states, Washington, D.C. and the U.S. Virgin Islands.

Pedro Quezada was the last winner to claim the Powerball jackpot when he won in March. The former bodega owner took home $338 million.

The largest Powerball jackpot ever -- $587.5 million -- was shared between two winning tickets last November.

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