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Friday, January 8, 2016
ATLANTA – The record Powerball jackpot keeps growing. As a result of brisk sales, Saturday’s Powerball jackpot has been raised from $700 million to an estimated $800 million.
This historical Powerball jackpot began rolling Nov. 7 and has rolled 18 times.
Powerball offers two jackpot payment options: the $800 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $496 million.
Powerball tickets are $2 per play. For an additional $1 per play, players can increase non-jackpot prizes with the Power Play option.
Friday’s Mega Millions jackpot is an estimated $165 million.
Mega Millions offers two jackpot payment options: the $165 million annuity prize paid out as one immediate payment followed by 29 annual graduated payments; or the cash option, which is approximately $100 million.
Mega Millions tickets are $1 per play. Players can increase non-jackpot prizes with the Megaplier option for an additional $1 per play.
As with all other Georgia Lottery games, proceeds from Powerball and Mega Millions will benefit education in the state of Georgia.
Since its first year, the Georgia Lottery Corp. has returned more than $17 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 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
$800M Powerball jackpot
POWERBALL FAST FACTS
Draw Date: Saturday, Jan. 9, 2016
Estimated Jackpot Amount: $800 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $496 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 1:24.87
Odds of Winning Jackpot Prize: Approximately 1:292 million
Date Jackpot Began Rolling: Nov. 7, 2015
Number of Rolls: 18
Last Winning Jackpot Ticket: Nov. 4, 2015 – $144 million jackpot (Tennessee)
Last #1 Powerball Jackpot: May 18, 2013 – $590.5 million jackpot (Florida winner)
MEGA MILLIONS FAST FACTS
Draw Date: Friday, Jan. 8, 2016
Estimated Jackpot Amount: $165 million
Annuity Amount: Jackpot prize paid out as one immediate payment followed by 29 annual graduated payments
Cash Option Amount: Approximately $100 million
Cost to Play: $1 per play; additional $1 per play for Megaplier
Drawings: 11 p.m. (ET) every Tuesday and Friday
Overall Odds of Winning Any Prize: Approximately 1:40
Odds of Winning Jackpot Prize: Approximately 1:175 million
Date Jackpot Began Rolling: Nov. 17, 2015
Number of Rolls: 15
Last Winning Jackpot Ticket: Nov. 13, 2015 – $202 million (Ohio)
#1 Mega Millions Jackpot: March 30, 2012 – $656 million (3 winning jackpot tickets – Illinois, Kansas and Maryland – $218.6 million each)
For more information on the Georgia Lottery Corp., Powerball and Mega Millions, please visit:
www.galottery.com, www.powerball.com, www.megamillions.com
Play Responsibly – Be An Informed Player – It’s All About Fun!