The Powerball Jackpot has increased from $650 million to $700 million ahead of Wednesday night’s drawing. According to USA Today, the Powerball jackpot has not been won since early June. Meanwhile, the one-time cash option is set at $443 million by the multi-state lottery game that is played in 44 states, including both Kentucky and Indiana. The $700 million prize would make it the second-largest lottery prize ever handed out in America. It would be topped only by a $1.6 billion Powerball prize that was shared by three ticket holders in January 2016.