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Crop of cash: Powerball jackpot gets $125 million boost

Tuesday, April 6, 2010

ATLANTA – Spring has brought a new crop of Powerball cash. The jackpot for Wednesday’s drawing is an estimated $125 million to a single annuity winner.

It only takes $1 for a chance to win big.

The game offers two payment options: The jackpot prize paid over 29 years in 30 graduated payments or the cash option, which is approximately $60 million.

Any Georgia Lottery retailer who sells a winning Powerball jackpot ticket can earn the $25,000 retailer incentive bonus. If more than one winning jackpot ticket is sold in Georgia, the retailers selling the winning tickets will share the $25,000 retailer incentive bonus.

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 Corporation has returned more than $11.4 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 1.2 million students have received HOPE, and more than 1 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

POWERBALL $125M JACKPOT
April 5, 2010

POWERBALL FAST FACTS

Draw Date: April 7, 2010
Estimated Jackpot Amount: $125 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $60 million
Cost to Play: $1 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 1:35
Odds of Winning Jackpot Prize: Approximately 1:195 million
Date Jackpot Began Rolling: March 17, 2010
Number of Rolls: 6
Last Winning Jackpot Ticket: March 13, 2010 in NJ
#1 Georgia Lottery Jackpot: Mega Millions = $390 million; March 6, 2007; Ga./N.J. winners
#1 Powerball Jackpot: $365 million; Feb. 18, 2006; Neb. winner
Georgia Lottery Rank: N/A (not in Top 10)
Powerball Rank: N/A (not in Top 10)

 

For more information, on the Georgia Lottery Corporation and Powerball, please visit:
www.galottery.com and www.powerball.com

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Tandi Reddick
Media Relations Manager

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

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