SACRAMENTO (CBS SF) — California Lottery officials in Sacramento announced that Wednesday night’s Powerball jackpot had risen to an estimated $630 million hours ahead of the drawing.

Officials said the Powerball sequence began at $20 million nearly three months ago on Wednesday, October 6. The prize has rolled over 39 times so far, growing to the current jackpot. The prize stood at $540 million ahead of Monday night’s drawing.

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The advertised jackpot for Wednesday night started at $575 million and has been increased twice — the most recent to $630 million — due to high interest and strong sales across the country.

The new jackpot estimate has a cash value of $448.4 million (minus federal taxes) if a single winner were to choose the lump sum payment.

The prize is currently the 7th highest in Powerball history.

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By coincidence, the last time the Powerball jackpot was hit last October from a winning ticket sold in Morro Bay. On that occasion, a single winner hit every single number on a quick pick for the October 4, 2021 draw. That $699.8 million jackpot set a Powerball prize record for California.

California’s sales for this entire Powerball sequence total million as of 10:00 a.m. today.

Ticket sales in California for this entire Powerball sequence total more than $158.1 million — more than 79 million Powerball tickets — as of 10 a.m. Wednesday, officials said. Those sales are estimated to raise over $63 million for education in the state.

Retailer partners where Lottery tickets are sold have also been winners during this Powerball sequence, officials said. Powerball ticket retailers have earned an estimated $9.3 million combined in ticket sales, cashing the associated winning tickets, and receiving incentive bonuses for selling tickets worth $1 million or more.

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If the jackpot is not hit Wednesday night, it will increase to at least an estimated $730 million for Saturday night’s drawing.