Friday, February 7, 2014
ATLANTA – The Powerball jackpot has hit nearly $250 million. Saturday’s drawing is at an estimated $247 million to a single annuity winner.
The Powerball jackpot began rolling Dec. 28 and has rolled 12 times.
Powerball offers two jackpot payment options: the $247 million annuity prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $142 million.
Powerball tickets are $2 per play. Players can add the Power Play feature for an additional $1 per play to increase non-jackpot prize winnings.
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 $15 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 1.6 million students have received HOPE, and more than 1.3 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
Draw Date: Saturday, February 8, 2014
Estimated Jackpot Amount: $247 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $142 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. 28, 2013
Number of Rolls: 12
Last Winning Jackpot Ticket: Dec. 25, 2013 - $71.5 million (Missouri 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:
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Media Relations Manager
media [at] galottery [dot] org