Watch the $550 Million dollar Powerball drawing here

When the Powerball winning numbers are drawn at 11p.m. Wednesday evening, you can click here to watch the drawing live. In addition, the winning numbers are available on that website after the drawing is completed.

Even with long odds, The New York Times reports they are actually better this year than they were last year. Officials who oversee Powerball, a game consisting of five numbered white balls and one red ball, reduced the number of red balls to 35 from 39. They also doubled the price of a ticket to $2, but the increase in the size of the jackpot has apparently overcome any sticker shock from the new, higher-priced tickets.