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Powerball jackpot scales upward to $183M

By   /   March 11, 2013  /   Comments

Special to the Journal

ATLANTA – Powerball is moving onward as the jackpot for Wednesday’s drawing is up to $183 million to a single annuity winner. The excitement is spreading across Georgia as Powerball continues to roll.

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

Two lucky Georgia Lottery winners won $10,000 from Saturday’s drawing. Chevron in Cumming and EZ Shop in Atlanta sold the winning tickets.

Powerball offers two payment options: the $183 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $112 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 13, 2013

Estimated Jackpot Amount: $183 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $112 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: 9
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: 589 days ago on March 11, 2013
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  • Last Modified: March 11, 2013 @ 5:29 pm
  • Filed Under: Government
  • Tagged With: ga lottery
 

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