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Powerball advances to $123M for Wednesday’s drawing

By   /   March 5, 2013  /   Comments

Special to the Journal

Atlanta, Ga – The Powerball jackpot has advanced to $123 million to a single annuity winner for Wednesday’s drawing after no one matched all six winning numbers Saturday.

The jackpot has grown since Feb. 9 and has rolled seven times.

Two Georgia Lottery players won $10,000 in Saturday’s drawing. The lucky tickets were purchased at Kroger #0441 in Alpharetta and at Money Back #0028 in Pine Mountain.

Powerball offers two payment options: the $123 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 $14 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 1.2 million 4-year-olds have attended the statewide, voluntary prekindergarten program.


Draw Date: March 6, 2013

Estimated Jackpot Amount: $123 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: Feb. 9, 2013
Number of Rolls: 7
Last Winning Jackpot Ticket: Feb. 6, 2013 – $217 million jackpot (Virginia winner)
#1 Powerball Jackpot: Nov. 28, 2012 – $588 million jackpot (Arizona and Missouri winners)

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  • Published: 907 days ago on March 5, 2013
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  • Last Modified: March 5, 2013 @ 3:03 pm
  • Filed Under: Government

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