Powerball Heads to $320 Million Jackpot

by Nate Wooley | March 21, 2013 9:14 am

Powerball Heads to $320 Million Jackpot

Powerball 112512L 300x168 Powerball Heads to $320 Million Jackpot[1]For the 12th drawing in a row the Powerball lottery on Wednesday saw no winner and the jackpot is getting very high.

The Powerball — in which players hope to match five numbers and a “Powerball Number” — jackpot now sits at $320 million with two more days until Saturday’s drawing, reports ABC News[2].

The $320 million figure is preliminary and could be higher depending on the number of tickets sold before the next drawing. There is also a one-time cash option that will pay a single winner $198.3 million dollars.

It’s the third time in a year that the jackpot has passed $250 million. In January 2012, the price of each ticket doubled to $2 and that began to increase the potential prizes much faster. Last November two winners — a man in Arizona and a couple in Missouri — shared the highest Powerball win ever at $587.5 million.

More stories about lotteries:

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2012/11/Powerball-112512L.jpg
  2. reports ABC News: http://abcnews.go.com/blogs/headlines/2013/03/powerball-jackpot-grows-to-320m/
  3. Brothers Win Lottery, Blow Up House: http://investorplace.com/2013/02/brothers-win-lottery-blow-up-house/
  4. Government Worker Wins $217 Million Lottery: http://investorplace.com/2013/02/government-worker-wins-217-million-lottery/
  5. $1M Lottery Winner Dies, Poisoned Day After Check Issued: http://investorplace.com/2013/01/1m-lottery-winner-dies-poisoned-day-after-check-issued/

Source URL: http://investorplace.com/2013/03/powerball-heads-to-320-million-jackpot/
Short URL: http://invstplc.com/1nvALkM