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Wednesday, June 15, 2016
ATLANTA – The Powerball jackpot has reached an annuitized $153 million for Wednesday’s drawing.
Two winning tickets were sold in Kennesaw from Saturday’s drawing. One ticket is worth $1 million, and another ticket is worth $50,000.
The jackpot began rolling May 11 and has rolled 11 times.
Powerball offers two payment options: the $153 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $103.4 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 $17.4 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 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
POWERBALL FAST FACTS
Draw Date: Wednesday, June 15, 2016
Estimated Jackpot Amount: $153 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $103.4 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: May 11, 2016
Number of Rolls: 11
Last Winning Jackpot Ticket: May 7, 2016 – $429.6 million jackpot (New Jersey)
#1 Powerball Jackpot: Jan. 13, 2016 – $1.586 billion jackpot (Calif.; Fla.; and Tenn.)
For more information on the Georgia Lottery Corp. and Powerball, please visit:
www.galottery.com and www.powerball.com
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