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Powerball stocks $116M jackpot for drawing Wednesday

Tuesday, July 16, 2013

ATLANTA – The jackpot for Wednesday’s Powerball drawing has jumped to an estimated $116 million to a single annuity winner.

The Powerball jackpot has grown since June 26 and has rolled six times.

One lucky Georgia Lottery player won a $10,000 prize from Saturday’s drawing. The winning ticket was purchased at T Byrd’s #0001, 102 E. Spring St. in Mount Vernon.

Powerball offers two jackpot payment options: the $116 million annuity prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $67 million.

Powerball tickets are $2 per play. Players can add the Power Play feature for an additional $1 per play to multiply non-jackpot prize winnings.

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 $14.3 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 1.6 million students have received HOPE, and more than 1.2 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

POWERBALL FAST FACTS

Draw Date: Wednesday, July 17, 2013

Estimated Jackpot Amount: $116 million

Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments

Cash Option Amount: Approximately $67 million

Cost to Play: $2 per play; an additional $1 per play to add the Power Play multiplier feature

Drawings: Air at 11 p.m. (ET) every Wednesday and Saturday in Georgia

Latest Time to Purchase Tickets: Until 10 p.m. on days of drawings; until 1 a.m. other days

Overall Odds of Winning Any Prize: Approximately 1:32

Odds of Winning Jackpot Prize: Approximately 1:175 million

Number of Jurisdictions: 45 (43 states, District of Columbia, U.S. Virgin Islands)

Date Jackpot Began Rolling: June 26, 2013

Number of Rolls: 6

Last Winning Jackpot Ticket: June 22, 2013 - $131.5 million jackpot (Pennsylvania winner)

#1 Powerball Jackpot: May 18, 2013 - $590.5 million jackpot (Florida 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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