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Powerball jackpot reaches $100M for Saturday’s drawing

Friday, September 7, 2012

ATLANTA – The Powerball jackpot is growing as an estimated $100 million is up for grabs to a single annuity winner for Saturday’s drawing.

The jackpot has grown since Aug. 18 and has rolled six times.

One Georgia Lottery player won $10,000 in Wednesday’s drawing. The lucky ticket was purchased at Kroger #0473 in Cumming.

Powerball offers two payment options: the $100 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $66 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 $13.6 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: Sept. 8, 2012

Estimated Jackpot Amount: $100 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $66 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: Aug.18, 2012
Number of Rolls: 6
Last Winning Jackpot Ticket: Aug. 15, 2012 – $337 million jackpot (Michigan 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

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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