Powerball jackpot hits $250M - WALB.com, Albany News, Weather, Sports

Powerball jackpot hits $250M

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ATLANTA – Powerball is growing as the jackpot continues to roll, driving excitement toward tonight's drawing with an estimated $250 million to a single annuity winner.

The jackpot has grown since Oct. 6 and has rolled 13 times.

Two Georgia Lottery players won $10,000 in Saturday's drawing. The lucky tickets were purchased at Food Mart #511 Shell in Duluth and Andy's Food Mart in Douglasville.

Powerball offers two payment options: the $250 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $166 million.  Powerball tickets are $2 per play.

As with all other Georgia Lottery games, proceeds from Powerball will benefit education in the state of Georgia.

Since its first year, the Georgia Lottery Corp. has returned more than $13.8 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia's HOPE Scholarship Program and Georgia's Pre-K Program. More than 1.4 million students have received HOPE, and more than 1.2 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

 

POWERBALL FAST FACTS

Draw Date: Nov. 21, 2012

Estimated Jackpot Amount: $250 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $166 million
Cost to Play: $2 per play; an additional $1 per play to add the Power Play multiplier
Drawings: 11 p.m. (ET) every Wednesday and Saturday
Overall Odds of Winning Any Prize: Approximately 1:32
Odds of Winning Jackpot Prize: Approximately 1:175 million
Date Jackpot Began Rolling: Oct. 6, 2012
Number of Rolls: 13
Last Winning Jackpot Ticket: Oct. 3, 2012 – $50 million jackpot (Delaware winner)
#1 Powerball Jackpot: Feb. 18, 2006 – $365 million jackpot (Nebraska winner)

For more information on the Georgia Lottery Corp. and Powerball, please visit:

www.galottery.com, www.lotterybenefitsgeorgians.com and www.powerball.com

 

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