ATLANTA – The Powerball jackpot has gone through the roof as it continues to rise, fetching an estimated $185 million to a single annuity winner for tonight’s drawing.
The jackpot has grown since Oct. 6 and has rolled 11 times.
Powerball offers two payment options: the $185 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $123 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 $13.8 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: Nov. 14, 2012
Estimated Jackpot Amount: $185 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $123 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: Oct. 6, 2012
Number of Rolls: 11
Last Winning Jackpot Ticket: Oct. 3, 2012 – $50 million jackpot (Delaware winner)
#1 Powerball Jackpot: Feb. 18, 2006 – $365 million jackpot (Nebraska winner)
For more information on the Georgia Lottery Corp. and Powerball, please visit: