Tuesday, August 27, 2013
ATLANTA – The Powerball jackpot is on a roll and has climbed to an estimated $116 million to a single annuity winner for Wednesday’s drawing.
The jackpot has grown since Aug. 10 and has rolled five times.
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 $64 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 $14.6 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 1.6 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, August 28, 2013
Estimated Jackpot Amount: $116 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $64 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: Aug. 10, 2013
Number of Rolls: 5
Last Winning Jackpot Ticket: Aug. 7, 2013 - $488 million jackpot
(1 Minnesota winner; 2 New Jersey winners)
#1 Powerball Jackpot: May 18, 2013 - $590.5 million jackpot (Florida winner)
For more information on the Georgia Lottery Corp. and Powerball, please visit:
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Media Relations Manager
media [at] galottery [dot] org