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Powerball jackpot climbs to $132M for drawing Saturday

Friday, May 23, 2014

ATLANTA – The Powerball jackpot for Saturday’s drawing is at an estimated $132 million to a single annuity winner. The jackpot has grown since April 26 and has rolled eight times.

Powerball offers two payment options: the $132 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $78 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 $15.3 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 FAST FACTS

Draw Date: May 24, 2014

Estimated Jackpot Amount: $132 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $78 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 26, 2014
Number of Rolls: 8
Last Winning Jackpot Ticket: April 23, 2014 – $148.8 million jackpot (Florida 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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