Special to the Journal
ATLANTA – The jackpot for Powerball is in high gear, reaching an estimated $260 million to a single annuity winner for Wednesday’s drawing. The excitement is spreading statewide as lucky Georgia Lottery players won big from Saturday’s drawing.
The jackpot has grown since Feb. 9 and has rolled 11 times.
Three Georgia Lottery players have won big. One lucky ticket worth $1 million was sold at Jet Food Store #0054 in Macon. Another Powerball ticket worth $40,000 was sold at 301 N. Package Store in Jesup. A ticket worth $10,000 was sold at Chevron Food Mart in Atlanta.
Powerball offers two payment options: the $260 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $161 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.
POWERBALL FAST FACTS
Draw Date: March 20, 2013
Estimated Jackpot Amount: $260 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $161 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: 11
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)