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Powerball jackpot a solid $247M for drawing Saturday

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.

POWERBALL

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:

www.galottery.com, www.lotterybenefitsgeorgians.com and www.powerball.com

Play Responsibly – It’s All About Fun!

Kimberly Starks
Media Relations Manager

P 404.215.5062
F 404.215.8983
media [at] galottery [dot] org

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