Wednesday's Powerball drawing resulted in no winner, causing the jackpot to increase to an estimated $875 million from $725 million.

If the new Powerball jackpot is won, it would become the third-largest in Powerball history.

Despite no jackpot winner, two tickets sold in Indiana and Florida matched five numbers, earning $1 million each.

The odds of winning the Powerball jackpot are 1 in 292.2 million, slightly better than the 1 in 302.6 million chance of winning the Mega Millions jackpot.

The winning numbers for the Wednesday drawing were 23, 35, 45, 66, 67, with a Powerball number of 20 and the Power Play was 3X.

The increased jackpot creates excitement and anticipation for the next Powerball drawing. Stay tuned for the next update.