The Powerball jackpot for Wednesday’s lottery drawing has increased to an estimated $240 million with a cash option of $107.4 million. The drawing will be held at 10:59 p.m. and televised on WABC-7 in New York City and Fox 29 in Philadelphia. NJ.com will publish the winning numbers immediately following the conclusion of the drawing.

The lottery jackpot was an estimated $240 million with a cash option of $107.4 million for Wednesday night's drawing, according to the Powerball website. The jackpot was last won on Dec. 7 when a New York lottery player won a $256 million Powerball jackpot.

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