And the Winning Powerball Lottery Numbers Are...

The Powerball lottery drawing takes place Wednesday night at 9:59 p.m. Central Time. To find your nearest Illinois lottery retailer, click here. 

The winning numbers are 5, 16, 22, 23 and 29. The Powerball number is 6. 

ABC News reports lottery officials expect to sell more than 105,000 tickets every minute before the drawing. Despite the long odds for the big jackpot, the overall odds of winning a prize are considerably better at 1 in 55.

Since the last drawing on Nov. 24, the Powerball jackpot has grown by over $100 million to a record $550 million. The estimated cash payout is $360.2 million. The last set of winning numbers was drawn on Oct. 16.

What would you do with $550 million? Let us know in the comments.