2 Winning Tickets in $579 Million Powerball

The lucky -- and now rich -- winners are in Arizona and Missouri

   

Powerball 112512L 300x168 2 Winning Tickets in $579 Million PowerballTwo tickets had all the right numbers in last night’s record Powerball lottery drawing.

The two winning tickets were sold in Arizona and Missouri. Officials from neither state have announced any details concerning the tickets. Arizona officials announced that they’ll hold a press conference this morning to release details for that state.

A wild frenzy of ticket buying inflated the final jackpot above the anticipated $500 million. In the end, the jackpot came in at $579.9 million for a single winner. The two winning tickets will split that amount. Should the winners choose the cash option, they’ll split $379.8 million as a one-time payment.

On Wednesday, lottery officials said the $2 tickets were moving at a rate of 130,000 per minute. The size of the jackpot, and the news stories surrounding it, sold tickets to people who don’t normally play the six-number lottery.

The Powerball now resets to a $40 million payout, with a cash option of $26.2 million, for Saturday’s drawing. The odds of winning the jackpot, no matter how high or low, remain 1 in 175,223,510.

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Article printed from InvestorPlace Media, http://investorplace.com/2012/11/2-winning-tickets-in-579-million-powerball/.

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