Community Corner
Powerball Jackpot Reaches an Estimated $500 Million
Georgia Lottery says it's the largest jackpot in the game's history.
Who wants to be a $500 millionaire?
The jackpot for Wednesday’s Powerball drawing is estimated at $500 million, a record-breaking figure for the multi-state lottery game, according to the Georgia Lottery.
“The Powerball jackpot has soared to a record amount, which is exciting for players and important for the educational programs we fund,” said Georgia Lottery Corporation President and CEO Debbie D. Alford in a press release.
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“Georgia Lottery players have a chance to win big, and the students of Georgia certainly win big with every ticket purchased.”
Wednesday’s jackpot has grown to a record pot because no one has matched the winning numbers in 15 straight drawings. The numbers for Saturday’s $325 million drawing were 22, 32, 37, 44, 50 and Powerball 34.
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Powerball is played in 42 states, including Georgia, as well as the District of Columbia and the U.S. Virgin Islands.
The $500 million Powerball jackpot is the second largest in Georgia Lottery history behind the historic world record $656 million Mega Millions jackpot in March.
For those of you willing to shell out $2 per play, Powerball offers two payment options: the $500 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $327 million.
POWERBALL FAST FACTS (courtesy of the Georgia Lottery Corporation)
Draw Date: Nov. 28, 2012
Estimated Jackpot Amount: $500 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $327 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: 15
Last Winning Powerball Jackpot Ticket: Oct. 3, 2012 – $50 million jackpot (Delaware winner)
#1 Powerball Jackpot: Nov. 28, 2012 – $500 million jackpot (Current jackpot)
Previous Powerball Record Jackpot: Feb. 18, 2006 – $365 million (Nebraska winner)
#1 Georgia Lottery Jackpot: March 30, 2012 – $656 million Mega Millions jackpot (Maryland, Illinois, Kansas winners)
WHERE TO PLAY POWERBALL
Click here for a list of Powerball retailers in Canton and Cherokee County.
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