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JACKSONVILLE, Fla. -- Wednesday night's record Powerball drawing is prompting people to rush out and buy tickets.

The $400 million jackpot is the fifth largest in game history, according to Florida Lottery officials.

After taxes, though, the winner's estimated payout would be roughly $224 million cash.

At the Gate gas station on Baymeadows Road, employees reported a steady increase in the number of tickets sold.

They could not appear on camera, but said it is a trend they see just about every time the jackpot hits a record high.

In August, they remember increased sales after the Powerball jackpot swelled to a near $500 million.

Wednesday's drawing is set for 10:59 p.m. EST. First Coast News will bring you the winning numbers during the 11 p.m. newscast.

According to the Florida Lottery, your chances of actually winning the $400M jackpot are 1 in 175 million.

Your chances of winning money by matching all five numbers on the white balls are one 1 in 5 million.

Jackpots have steadily been increasing since ticket prices jumped to $2 each in early 2012.

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