The excitement is growing for the April 30, 2014, Powerball jackpot, which stands at $50 million. The drawing will take place Wednesday at 11 p.m. EDT.

The odds of winning the jackpot, which equates to a $29.3 million cash value, are approximately 1 in 175.2 million. However, players will have a better chance of winning a smaller prize since the odds are 1 in 32.

It costs just $2 to get in the game, while an additional $1 will allow you to add the Power Play multiplier per play. The $2 tickets allow players to pick five numbers from 1 to 59, and a Powerball number from 1 to 35.

No one won the $40 million Powerball jackpot on Saturday, April 26. The lucky numbers were 3, 7, 22, 30, 33. The Powerball number was 20.

Powerball is played in 43 states in addition to the District of Columbia and the U.S. Virgin Islands. Depending on the state you're in, the draw entry will close either one or two hours before the actual drawing, according to the Powerball website. Powerball winning numbers are drawn live every Wednesday and Saturday night at 11 p.m. EDT.

You can watch the live streaming of the drawing online or check the Powerball website for the winning numbers.

Powerball draws can also be seen on hundreds of TV stations across the nation. Check here to see what station will broadcast it in your state. Officials will also post the drawings on YouTube.