Excitement is building for Wednesday night's Powerball drawing, after the jackpot for the multi-state lottery hit $1 billion for only the third time in history.The rich Powerball payout, and a Mega Millions jackpot sitting at a whopping $720 million, have spurred a frenzy of ticket sales at convenience stores and gas stations across the country.It is only the fifth time the jackpots of both drawings have exceeded $500 million at the same time, and the combined payout of $1.72 billion is the fifth-largest in history, according to data provided to DailyMail.com by .
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