CHICOPEE, Mass. (WWLP)– The Powerball jackpot for Wednesday currently stands at an estimated $508 million.

This will be the the game’s largest payout since January 5, when two tickets split $632.6 million.

As we know, a winning ticket holder gets the choice of a long-term payout or the immediate cash option. Wednesday night’s drawing will net just over $256 million with the cash option.

“Absolutely, I’m going to play when it’s $200 million. I want that but when it’s $500 million… definitely going to buy a few tickets,” said David Hull. “Buy a golf course and build a mote around it!”

Powerball tickets are $2 each and can be played in 45 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands. Tickets can be purchased until 9:50 p.m. Wednesday at Mass Lottery retailers across the state.

The Massachusetts Lottery is offering customers a chance to win a free $1 Quic Pic ticket for a Mass Lottery game through October 30 with the purchase of $5 or more of any draw or monitor game on a single ticket.