From the Wikipedia page:
"In the Earth example, the Earth orbits the Sun at a distance of 149.6 million km. The Hill sphere for Earth thus extends out to about 1.5 million km (0.01 AU). The Moon's orbit, at a distance of 0.384 million km from Earth, is comfortably within the gravitational sphere of influence of Earth and it is therefore not at risk of being pulled into an independent orbit around the Sun. In terms of orbital period, all stable satellites of the Earth must have an orbital period shorter than 7 months."
The Hill sphere in Universe Sandbox is just showing the results of this formula:
http://en.wikipedia.org/wiki/Hill_sphereAlso if earth came towards Jupiter is will shrink a bit.
NeutronStar is right than in reality this would happen, but Hill spheres in Universe Sandbox only consider the body and its 'parent'. So in the case of Jupiter it only considers the Sun for the Hill Sphere calculation.