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Powerball points to $240M jackpot Wednesday
ATLANTA – The jackpot for Powerball is a sizeable $240 million for Wednesday’s drawing.
The Powerball jackpot has been growing since April 28 and has rolled 13 times.
Powerball offers two payment options: the jackpot prize paid over 29 years in 30 graduated payments or the cash option, which is approximately $159 million.
Powerball tickets are $2 per play. Players can multiply prizes with the Power Play option.
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 $13.4 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: June 13, 2012
Estimated Jackpot Amount: $240 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $159 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: April 28, 2012
Number of Rolls: 13
Last Winning Jackpot Ticket: April 25, 2012 – $173 million jackpot (Pennsylvania 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
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