- Associated Press - Wednesday, July 27, 2016

DES MOINES, Iowa (AP) - No one has matched the jackpot-winning numbers in Wednesday night’s Powerball drawing, and the prize has increased to an estimated $478 million.

The next drawing will be Saturday. Nearly three months have passed without a winner of the big prize.

The chance of winning Powerball is incredibly small, at 292.2 million-to-1. But players have much better odds, of about 1 in 25, of winning smaller prizes ranging from $4 to $1 million.

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