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EST November 28, 2012

Powerball fever likely to reach a peak Wednesday Cheap Pandora Charms night in 42 Pandora Black Pave Star Charm states, District of Columbia. The $500 million jackpot is a Powerball record.

Steve Bowen, on behalf of ten co workers, buys powerball lottery tickets at the U Stop convenience store in Lincoln, Neb., Tuesday. The jackpot has grown to over $500 million.(Photo: AP, Nati Harnik)

Story Highlights60% of ticket buyers expected Wednesday in hours leading up to drawing$500 million is a new Powerball recordOdds of matching six winning Powerball numbers are 1 in 175 million

A freshly enhanced Powerball jackpot now at least $500 million is driving surging sales ahead of Wednesday night's drawing.

"Typically, 60% of sales occur the last Pandora Ring day,'' says Chuck Strutt, executive director of the Multi State Lottery Association. "We'll see how many people decide to play $500 million."

Based on soaring Sunday and Monday ticket sales, the MSLA decided Tuesday to boost the Powerball jackpot from an already record $425 million to an eye popping half billion dollars. And that could go up again by Wednesday. Strutt expects ticket sales will average 6.3 million an hour.

"We're saying $500 million it'll be higher,'' says Strutt. "But you've got to stop at a number" for marketing purposes. Virgin Islands will halt about an hour before the drawing, scheduled for 10:59 ET.

Wednesday's jackpot is the second biggest ever. A $656 million Mega Millions jackpot was won by three ticketholders in March.

The odds of matching six winning Powerball numbers Discount Pandora Charms are tiny just 1 in 175 million. But that isn't stopping scores of dreamers from plunking down $2 per ticket. As Colorado State Lottery director Abel Tapia notes, "We're in the luck business. What we sell is dreams."

There were plenty of dream believers and first time Powerball players pondering "what ifs?" Tuesday.