Jackpot will be the second highest in history of the game.

The Powerball jackpot for Wednesday's drawing is an estimated $650 million, which is the second largest in the game's history. In addition to the jackpot, players have the opportunity to win a variety of lower-tier prizes ranging from $4 to $2 million by matching any of the non-jackpot-winning combinations.

"Last week the Florida Lottery reached another epic milestone of $32 billion in total contributions to education," said Florida Lottery Secretary Jim Poppell. "Powerball jackpots like this one are an exciting way for Floridians to have a chance to win a life-changing prize while also helping to benefit Florida's students and schools."

While there was no jackpot winner in Saturday night's drawing, Florida Powerball players still won big, with more than 388,000 winning tickets totaling more than $5.1 million in prizes, including two $1 million winners in Ocoee and Orlando. During this jackpot series, more than 1.8 million Florida players have won more than $18.4 million in prizes.

Jackpot prizes are paid in 30 annual installments or as a one-time, lump-sum payment. Winners have 180 days from the applicable drawing to claim their prize. To receive the cash option of an estimated $340.1 million, jackpot prizes must be claimed within 60 days of the drawing.

The integrity of all games is of utmost importance to the Florida Lottery. Players are encouraged to sign the back of their ticket at the time of purchase and keep them in a safe place. Players are reminded to check their tickets carefully; even if they don't win the jackpot they can still win cash prizes of up to $2 million.

Wednesday night's Powerball drawing will be held at 9:59 p.m. CT. Tickets must be purchased by 9 p.m. CT to be eligible for this drawing.

The largest Powerball jackpot in history was the world record-setting $1.586 billion jackpot in January 2016.