The Powerball jackpot for Wednesday’s lottery drawing has increased to an estimated $240 million with a cash option of $107.4 million. The drawing will be held at 10:59 p.m. and televised on WABC-7 in New York City and Fox 29 in Philadelphia. NJ.com will publish the winning numbers immediately following the conclusion of the drawing.

The Powerball jackpot rose to $240 million ahead of Wednesday night's drawing. Check here to see if it's your lucky day.

The odds of hitting the Powerball jackpot are 292,201,388 to 1. A player who buys a $2 ticket has about a 1 in 11,688,053 chance to match five numbers and win at least $1 million, while the odds are 913,129 to 1 to win a third prize of at least $50,000.