Powerball jackpot jumps to all-time record $600 Million

Photo credit: MGN Online

DES MOINES, Iowa (AP) - The Powerball jackpot has jumped to $600 million, the second major climb in two days after the latest drawing produced no winning ticket.

The announcement Friday by the Multi-State Lottery Association means ticket sales have soared as the frenzy grows for a chance to win the big prize.

The new jackpot is now an all-time Powerball record. The previous high was $587.5 million in November 2012.

The latest jackpot has climbed nearly $240 million since Wednesday's drawing, which was an estimated $360 million.

The new jackpot has a $376.9 million cash option. The next drawing is scheduled for Saturday.

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