Friday, May 18, 2012
ATLANTA – Saturday’s Powerball drawing is rolling out more fun and excitement as the jackpot tops $100 million.
The Powerball jackpot has been growing since April 28 and has rolled six times.
Powerball offers two payment options: the jackpot prize paid over 29 years in 30 graduated payments or the cash option, which is approximately $65 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: May 19, 2012
Estimated Jackpot Amount: $100 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $65 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: 6
Last Winning Jackpot Ticket: April 25, 2012; Pennsylvania ($107 million)
#1 Powerball Jackpot: $365 million; Feb. 18, 2006; Neb. winner
For more information on the Georgia Lottery Corp. and Powerball, please visit:
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Media Relations Manager
media [at] galottery [dot] org