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Powerball: A guide to winning it (and spending it)

What to do when you win the Powerball
What to do when you win the Powerball

$1.5 billion could be yours, and it might only cost you $2 to get it.

Tempting, no?

The largest lottery in global history will be drawn Wednesday night, and the nation is captivated. Read CNBC's coverage of how to win it (and how to spend it once you've got it) below:

PowerBall lottery cards at Best Beer, Wine and Deli in Gaithersburg, Md.
Powerball poll: Did you buy a ticket?

* How many tickets did you buy? And what will you buy first with the winnings?

A person in New York holds a Powerball ticket
Powerball: Saturday jackpot will be $2 billion if no winner Wednesday

* It's never too soon to be thinking ahead — the cash value alone would be $1.24 billion.

* It might seem like you could just buy all the combinations, but ...

If playing Powerball in an office pool, make sure photocopies are made, signed and distributed.
Beware of pitfalls when diving into Powerball office pool

* Going in with your co-workers? Make sure you're not making a $1.5 billion deal on the strength of a handshake.

A person in New York holds a Powerball ticket
Powerball jackpot increases to $1.5 billion

* The cash option — what you get if you'd rather have a lump sum than an annuity — is now almost $1 billion itself!

The jackpot prize, handwritten on a Powerball sign, is displayed at a corner store selling lottery tickets along the U.S. Mexico border in San Ysidro, California, January 12, 2016.
Tallying the big tax bite of a $1.5B Powerball win

* That $1.5 billion could be as little as $400-some million once federal, state, county and city tax authorities are done with you.

Mark Cuban
Mark Cuban has advice for $1.4B Powerball jackpot winner

* The "Shark Tank" billionaire has some warnings about people who want a cut of the pie.

This is what you can buy with your Powerball winnings

* Want a baseball team? Or a trip to the moon? A fun look at what more than $1 billion might get you.

* Playing certain numbers may actually enhance your chances of not having to split the pot with others.

* If you do win, do these things to protect yourself from those who might like to squeeze in on the action.

Customers purchase tickets for the Powerball lottery
The guaranteed winners for the $1.5 billion Powerball jackpot

* New York state alone sold more than $1 million worth of tickets in just one hour leading up to the drawing.

Even the rich want in on record-breaking Powerball

* It's not just you, everyone wants a piece of the pie ...

A woman holds Powerball lottery tickets outside Bluebird Liquor in Hawthorne, Los Angeles, California, United States, January 12, 2016. The Powerball Jackpot has reached a record $1.5 billion.
NJ restaurant workers in Powerball false alarm

* ... just make sure to check first to see if you actually, you know, won.