By Selena Hill ( | First Posted: Sep 07, 2013 12:27 PM EDT

Powerball lottery tickets are taken out of a machine in New York, November 26, 2012. The top prize in Wednesday's Powerball lottery is currently a record $425 million after two months with no winner. (Photo : REUTERS/Keith Bedford )

The excitement keeps growing for the Sept. 7 Powerball jackpot that now stands at a whopping $203 million. The drawing will take place Saturday at 11 p.m. EST.

The odds of winning the jackpot, which is estimated at $115.5 million after taxes, are approximately 1 in 175.2 million. However, players will have better odds of winning a smaller prize, which is only a 1 in 32 chance.

It just costs $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.

The Powerball game 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. The Powerball winning numbers are drawn live every Wednesday and Saturday night.

There was no Powerball jackpot winner during the last drawing on Wednesday, Sept. 4. The lucky numbers were: 2, 9, 26, 45, 47 and the Powerball number was 11.

Powerball Draw & Results - LIVE STREAMING 11 p.m. EST

You can watch the live streaming of the drawing online here 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.

© 2015 Latinos Post. All rights reserved. Do not reproduce without permission.