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Powerball jackpot swells to $170 million
ATLANTA – Powerball is packing a powerful punch with the jackpot for tonight’s drawing at an estimated $170 million to a single annuity winner.
It only takes $2 for a chance to win big.
Powerball offers two payment options: the jackpot prize paid over 29 years in 30 graduated payments or the cash option, which is approximately $106 million.
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 $13.1 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: Feb. 1, 2012
Estimated Jackpot Amount: $170 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $106 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: Dec. 28, 2011
Number of Rolls: 10
Last Winning Jackpot Ticket: Dec. 24, 2011; Maryland ($129 million)
#1 Powerball Jackpot: $365 million; Feb. 18, 2006; Neb. winner
For more information on the Georgia Lottery Corp. and Powerball, please visit:
www.galottery.com, www.lotterybenefitsgeorgians.com and www.powerball.com
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