Powerball Jackpot Reaching Record Levels

UNDATED - The jackpot for Wednesday's Powerball drawing now stands at $500 million -- the richest Powerball pot ever -- and it's likely to get even sweeter. The total has been taking huge jumps -- another $100 million since Saturday. The most recent drawing, on Saturday night, produced no winning numbers. Until now, the biggest Powerball pot on record -- $365 million -- was won in 2006 by eight Lincoln, Neb., co-workers.. Lottery spokesman Terry Rich says a prize this big will lure in people who have never before spent even a dollar on a Powerball ticket.   Rich says if we go a few more weeks without a winner, the Powerball jackpot could reach -- or exceed - one billion dollars.  Yes, that's billion - with a B.