The Powerball drawing on Wednesday night did not produce a grand prize winner for the $1.2 billion jackpot, with a cash option of $596.7 million.

The unclaimed jackpot will now climb to $1.5 billion, with a cash value of $745.9 million for the Saturday drawing. It will be the second-largest grand prize in Powerball history, coming in behind the Jan. 13, 2016 jackpot win, which was worth $1.586 billion.

The winning lottery drawing numbers from Wednesday were 2, 11, 22, 35, and 60, with a red Powerball of 23. The Power Play was 2X.

While there were no grand prize winners for the latest lottery drawing, players across the nation scored million-dollar prizes.

Sixteen ticket holders hit the Match 5 and each won a $1 million prize. However, three players from Arkansas, Montana, and New Jersey matched five white balls with the purchase of the Power Play for an additional $1 and bumped their prize up to $2 million.

Meanwhile, 189 players hit the Match 4 with the red Powerball and won $50,000 prizes. Another 49 ticket-holders hit the Match 4 plus the red Powerball, with a Power Play, doubling their winnings to $100,000.

More than 7.2 million tickets won prizes at all levels from the Wednesday night drawing, totaling $74.9 million.

Saturday's drawing will mark the 40th Powerball drawing since the jackpot was last won on Aug. 3 in Pennsylvania. If there are no grand prize winners, it will tie the Powerball record for the most consecutive drawings without a jackpot winner.

Powerball jackpot winners must match the six numbers on their ticket to the drawn six-number combination. Five numbers must be selected from 1 to 69 for the white balls, and a number is selected from 1 to 26 for the red Powerball.

Winners can select a lump sum payment or an annuity, which includes one immediate payment followed by 29 annual payments that increase by 5% each year.

The odds of winning the Powerball jackpot is a 1 in 292.2 million chance.
Powerball tickets are available for purchase in participating territories for $2 each.

The drawings for the game take place on Mondays, Wednesdays, and Saturdays and can be viewed on local networks.

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Powerball tickets await players at Cumberland Farms convenience store May 10, 2004 in Washington Crossing, Pennsylvania. William Thomas Cain/Getty Images