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Powerball jackpot jumps to $113M for Saturday

Thursday, April 12, 2012

ATLANTA – Powerball is shifting into overdrive. The jackpot for Saturday’s drawing is at an estimated $113 million to a single annuity winner. Tickets are $2 per play. Players can select the Power Play option for an additional $1.

Powerball offers two payment options: the jackpot prize paid over 29 years in 30 graduated payments or the cash option, which is approximately $68 million.

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 $13.1 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 1.1 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

POWERBALL FAST FACTS

Draw Date: April 14, 2012

Estimated Jackpot Amount: $113 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $68 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: March 24,2012
Number of Rolls: 5
Last Winning Jackpot Ticket: March 21, 2012; New Jersey ($41 million)
#1 Powerball Jackpot: $365 million; Feb. 18, 2006; Neb. winner

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

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

Play Responsibly – It’s All About Fun!

Kimberly Starks
Media Relations Manager

P 404.215.5062
F 404.215.8983
media [at] galottery [dot] org

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