The Powerball lottery was at a record high of $800 million on Friday, and the jackpot could get far richer.

Before the next drawing on Saturday night, experts say the Powerball could top $1 billion.

"We could be on the verge of creating the first lottery billionaire," Gordon Medenica, director of the Maryland Lottery, told The Washington Post .

The odds of winning this pot, which so far comes out to $496 million before taxes, are 1 in 292 million.

The previous lottery record was a $656 million Mega Millions payout in 2012, according to CNN Money .

Copyright 2016 NPR. To see more, visit http://www.npr.org/ .