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Powerball Jackpot Climbs to $183M

Nine draws have passed since the last winner


Powerball-112512LAfter rolling over nine times since the last winner, the Powerball lottery jackpot has reached a cool $183 million, reports WXIA in Atlanta.

Lottery officials report that the $183 million figure is the lowest the prize could be. If more tickets are purchased before the drawing, the winner — if any — would take home even more cash.

If a winner chooses the annuity option, he or she would receive the $183 million over 29 years in 30 payments. There is also a cash option available which would pay $112 million in a lump sum.

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Article printed from InvestorPlace Media, http://investorplace.com/2013/03/powerball-jackpot-climbs-to-183m/.

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