(NEW YORK) — Just because your March Madness bracket is busted doesn’t mean you should stop pressing your luck.
There’s still time to purchase a ticket for Saturday night’s Powerball lottery drawing and the chance to win $320 million.
An additional $60 million was added to the pot following a drawing on Wednesday when no one in the 44 states where tickets are sold had a winning ticket.
There is a 1 in 175,223,510 chance of winning the jackpot, according to the website of the Multi-State Lottery Association. But, there’s a 1 in 31.85 chance that a ticket holder could win something, including the smallest prize of $4.
The pot is technically $320 million, but has a cash value after taxes of $193.8 million, according to the association.
Though sizable, Saturday night’s pot pales in comparison with last year’s $588 million Powerball jackpot.
The largest jackpot ever, totaling $656 million, was offered last March, when three people split the winnings from the Mega Millions lottery.
Copyright 2013 ABC News Radio
Brian Stelter, CNN Newswire
David Goldman, CNN
Jethro Mullen Ivana Kottasova and Patrick Gillespie, CNN