Wednesday's Powerball jackpot is now at an estimated $425 million, the third largest jackpot ever. The jackpot began as a $40 million prize on June 26 and rose to the $425 million mark after 12 draws without a jackpot winner. In May, the Powerball reached its highest jackpot ever with $587.5 million. Powerball is played in 43 states plus Washington, D.C., and the U.S. Virgin Islands. Odds of winning the jackpot prize are one in 175,223,510, and overall odds of winning any prize are one in 32.