ATLANTA – There were no jackpot winners in Saturday’s Powerball drawing. As a result, the Powerball jackpot for Wednesday’s drawing has surged to an estimated $650 million to a single annuity winner – the second largest jackpot in Powerball history.
The jackpot began rolling June 14 and has rolled 20 times.
Four winning tickets worth $50,000 each were sold in Georgia for Saturday’s drawing. The winning tickets were sold in Augusta, Dillard, Rome and online at www.mygalottery.com. Additionally, over 159,000 players in Georgia won more than $868,000 in prizes Saturday.
Powerball offers two jackpot payment options: the $650 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $411 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 $18.7 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 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
POWERBALL FAST FACTS
Draw Date: Wednesday, Aug. 23, 2017
Estimated Jackpot Amount: $650 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $411 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 1:24.87
Odds of Winning Jackpot Prize: Approximately 1:292 million
Date Jackpot Began Rolling: June 14, 2017
Number of Rolls: 20
Last Winning Jackpot Ticket: June 10, 2017 ($447.8M – California)
#1 Powerball Jackpot: Jan. 13, 2016 – $1.586 billion jackpot (Calif.; Fla.; and Tenn.)