The Powerball jackpot has soared to $820 million -- the second biggest prize this year and one of the biggest in the game's history.

The next drawing is set for 10:59 p.m. EST on Saturday.

The estimated jackpot is the game's biggest prize this year after a massive $1.787 billion jackpot that was won in September, split between two tickets in Missouri and Texas .

Overall, it's the eighth-biggest jackpot in the game's history, according to Powerball .

The odds of winning are 1 in over 292 million, according to Powerball.

Winners will have a choice between a lump sum cash payment estimated at $378.2 million or an annuitized prize, paid out in annual payments, of the full $820 million. Both amounts are before taxes.

To play, customers must purchase a $2 Powerball ticket and select

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