Powerball pushes past $200M for Saturday’s drawing

Thursday, May 27, 2010

ATLANTA – Powerball has moved past $200 million for Saturday’s drawing. An estimated $220 million to a single annuity winner now is up for grabs. Tickets are $1 each per play, and Georgia Lottery winners have a chance to win big just in time for Memorial Day.

The game offers two payment options: the jackpot prize paid over 29 years in 30 graduated payments or the cash option, which is approximately $114 million.

Any Georgia Lottery retailer who sells a winning Powerball jackpot ticket can earn the $25,000 retailer incentive bonus payment. 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 $11.7 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 FAST FACTS

Draw Date: May 29, 2010
Estimated Jackpot Amount: $220 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $114 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: April 24, 2010
Number of Rolls: 10
Last Winning Jackpot Ticket: April 21, 2010 in Missouri
#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

Play Responsibly – It’s All About Fun!

Tandi Reddick
Media Relations Manager

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

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