The Powerball jackpot for Wednesday night’s drawing jumped $100 million, and now stands at $1.5 billion. The cash option for the largest lottery jackpot in world history is $930 million.

The previous record for a U.S. lottery jackpot was $656 million. That Mega Millions jackpot was won on March 30, 2012, and split between three winning tickets (Kansas, Illinois, and Maryland).

The former record Powerball jackpot was $590.5 million, won on May 18, 2013, by Gloria C. Mackenzie, of Zephyrhills, Fla. Powerball ticket sales began April 19, 1992. Michigan began selling Powerball tickets on Jan. 31, 2010.

Saturday night’s $949.8 million Powerball jackpot had Lottery players swarming retailers for a chance at the record prize. While no players won the jackpot, three Michigan players matched the five white balls drawn to win $1 million.

The last Michigan player to win a Powerball jackpot was Julie Leach, of Three Rivers. In September, Leach won the game’s $310.5 million jackpot. In addition to Leach’s jackpot, four players won the game’s $1 million prize last year.

The largest Powerball prize in Michigan was a $337 million Powerball jackpot won on Aug. 15, 2012, by Donald Lawson, of Lapeer. Lawson’s jackpot holds the record for the largest Lottery prize ever won in Michigan.

Players have plenty of time to purchase tickets for Wednesday night’s drawing. Lottery retailers throughout the state are selling Powerball tickets for the drawing until 9:45 p.m. Wednesday.

Powerball plays may be purchased for $2 each at Lottery retailers across the state. A “Power Play” option that multiplies non-jackpot prizes by up to five times may be added to any Powerball play for only $1.

The Powerball drawing takes place at 10:59 p.m. Wednesday and Saturday nights, and may be watched live online at: http://www.powerballlive.com/powerball. Powerball tickets are sold in 44 states, Washington D.C., U.S. Virgin Islands, and Puerto Rico.