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3rd largest jackpot in the multi-state game’s history
ATLANTA – As a result of increased ticket sales, lottery officials announced today that the Powerball jackpot for Wednesday’s drawing was raised from $485 million to a whopping $500 million to a single annuity winner.
The Powerball jackpot has grown since Dec. 3 and has rolled 20 times.
Six winning tickets worth $10,000 were sold in Woodstock, East Point, Columbus and Athens from Saturday’s drawing. Two of the six winning tickets were sold in Atlanta.
Powerball offers two jackpot payment options: the $500 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $337 million.
Powerball tickets are $2 per play.
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 $16 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 1.3 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
POWERBALL FAST FACTS
Draw Date: Wednesday, Feb. 11, 2015
Estimated Jackpot Amount: $500 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $337 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. 3, 2014
Number of Rolls: 20
Last Winning Jackpot Ticket: Nov. 29, 2014 – $90 million jackpot (Washington 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
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