Powerball jackpot estimated at $625 million before Saturday drawing

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The record $1.586 billion prize was won in 2016 across three states: California, Florida and Tennessee.

The jackpot may be claimed as about $390 million before federal taxes as an annuity paid out over 29 years, or winners can choose the lump-sum option, which would come out to almost $470 million after federal withholding. That's when two ticket holders - one in NY and one in Iowa - split a $687.8 million jackpot.

You have a chance to win over half a billion dollars.

When will the Powerball drawing be held?

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The drawing for the jackpot will take be broadcast live on WABC-7 at 10:59 p.m. on Saturday.

How late can I buy tickets?

The drawing scheduled for Saturday, March 23 could produce the first victor of 2019.

If you were to stack the jackpot in $100 bills, it would reach a height between that of One World Trade Center in New York City and Burj Khalifa in Dubai, according to Powerball's website.

Powerball is played in 44 states, Washington D.C., the U.S. Virgin Islands and Puerto Rico. The only states that don't offer the game are Alabama, Alaska, Hawaii, Mississippi, Nevada and Utah. And in February 2015, TL Management Trust, Andrew Weber, trustee of Austin, claimed a portion of the $564.1 million jackpot prize. Lawson's jackpot holds the record for the largest Lottery prize ever won in MI.

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