Powerball Jackpot Swells to $360 Million

Lottery's prize is currently the third-largest in the drawing's history.
2:08 | 05/15/13

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Transcript for Powerball Jackpot Swells to $360 Million
Millions and millions of Americans are hours away from learning if they have struck gold the powerball jackpot. Hundreds of millions of dollars and the drawing is tonight in some states one million tickets are being sold every hour. ABC's chief business correspondent Rebecca Jarvis follows the money. America's love affair with lottery has reached record proportions. Last year we spent almost seventy billion dollars on tickets quit my job. And -- my wedding I just got engaged about a month ago so. -- I got some big things planned. Tonight it's power -- pandemonium ticket sales of more than doubled in the last decade. When he came here by thousand dollars a thousand dollars -- from the chronicle that reflected in this Monday you just read this powerful this problem did he feel lucky. He's been here in the heat but that's when you -- if you want to be linked. In California where powerball -- -- to play for the first time just six weeks ago they've sold more than seventy million dollars in tickets in a little over a month. I think there are a couple of things we change the game from one dollar two dollars. Created 500 millionaires in the last year. And California just recently joined us. Plus the winnings keep growing in just the last year some of the largest powerball -- -- 338. Million this march and last November at the big Kahuna 587. Million dollars the biggest powerball jackpot of all time. And pumped about fifteen billion dollars into participating states' economies going towards things like schools and parks. And running the lottery big money -- But while the -- sizes are improving the odds stay the same one in 175. Million to win it all. Making you more likely to plea for the NBA but -- the president of the United States. Or die in any number of dreadful waits -- sharks or lightning strike then to win this jackpot. But if there's no winner tonight is this could still end up becoming the biggest power -- ever am Rebecca Jarvis ABC news New York.

This transcript has been automatically generated and may not be 100% accurate.

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