(Newsroom America) -- The Powerball jackpot has been boosted to a $550 million annuity value or a $350.1 million cash prize for the Saturday, May 18, drawing.
The Powerball jackpot, which had rolled to a $475 million annuity value after this week's drawing, was increased by $75 million as a result of strong ticket sales.
The $550 million jackpot is the second-largest jackpot in the game's history. The largest was won last Nov. 28, 2012, when a $587.5 million jackpot was shared by two tickets sold in Arizona and Missouri.
Tickets for the next Powerball drawing will be available until 9:59 p.m. Saturday evening.
Lottery players are also excited about the May 17 Mega Millions drawing, with that game's jackpot offering a $190 million annuity value or a $140.9 million cash prize.
Powerball is sold in 43 states, Washington, D.C. and the U.S. Virgin Islands. Drawings are held on Wednesdays and Saturdays.