Saturday night's Powerball jackpot has climbed to $550 million—the second highest Powerball prize of all time. A winner who matches all five numbers and the red Powerball can get a $350.1 million cash payout (before taxes).

The Powerball drawing is held every Wednesday and Saturday at 10:59 p.m. 

The largest Powerball Jackpot cash payout to date was $384 million and was won in November 2012 in Arizona and Missouri.

Here are some local places to buy Powerball tickets:

• 7-Eleven, 143 W Eagle Road
• Beer Guys, 1305 West Chester Pike
• Boccella Deli, 37 W Eagle Road
• Centrellas Deli, 10 Brookline Boulevard
• Havertown Beverage, 2208 Darby Road
• Sunoco, 400 E Township Line Road
• Manoa Diner, 1305 West Chester Pike
• McIntyre Deli, 1200 Roosevelt Drive
• Rite Aid, 1305 West Chester Pike
• Super Fresh, 1305 West Chester Pike
• Wawa, 33-35 Eagle Road
• Wawa, 1000 Darby Road

To find other Powerball vendors in the Philadelphia area, plug an address or ZIP code into the Pennsylvania Lottery website's retailer-locator application.

Here's How to Play Powerball, according to the PA Lottery:

1. Visit your PA Lottery retailer and pick up a Powerball Lottery playslip. Each game is $2. For an additional dollar, you can select the Powerball Power Play® option.
2. Play up to five panels on your Powerball playslip. On each game panel, select five numbers from 1 to 59 in the top grid, and select one number from 1 to 35 in the bottom grid – that’s your Powerball number! Or, select the quick pick option to have your numbers randomly selected by the computer.
3. Be sure to check your Powerball ticket as soon as you receive it to verify that the information is correct and legible.