Powerball at $415M, 9th highest in US history

(Reuters) -- The multi-state Powerball jackpot has grown to $415 million ahead of Saturday evening's drawing, making it the ninth-highest U.S. lottery prize in history, officials said.

EXPLORE MORE: Trump snags key endorsement from former nomineePopular heart drug linked to increased risk of dementia

It is the largest jackpot for any U.S. lottery since January, when three Powerball tickets split a record $1.6 billion. The drawing is set for 10:59 p.m. EDT (0259 GMT on Sunday).

Top States by Average Spending on Lottery Tickets Graphiq

The odds of winning at Powerball are one in 292 million. Statistics experts say that means an American is roughly 25 times more likely to become the next president of the United States than to win the game.

RELATED: Lotto fever from earlier this year

If no one wins on Saturday, which follows 18 consecutive drawings with no winner, the jackpot will grow to an estimated $525 million for Wednesday's numbers selection, Kelly Cripe, a Texas-based lottery spokeswoman, said in an email.

That would rank as the seventh-largest jackpot for any U.S. lottery, she said.

Powerball is played in 44 states, as well as the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

RELATED: Largest lotto jackpots over time