Powerball leaps to half-billion dollar jackpot for Saturday’s drawing

in Lottery

FOR IMMEDIATE RELEASE

 

August 17, 2017

 

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Powerball leaps to half-billion dollar jackpot for Saturday’s drawing

 

ATLANTA – The Powerball jackpot for Saturday’s drawing has jumped to over a half-billion dollars. There were no jackpot winners in Wednesday’s drawing, so Saturday’s jackpot has soared to an estimated $510 million to a single annuity winner.

 The jackpot began rolling June 14 and has rolled 19 times.

 Three winning tickets worth $50,000 each were sold in Georgia for Wednesday’s drawing. Two tickets were sold in Marietta, and one ticket was sold in Conyers. Additionally, over 81,000 players in Georgia won more than $419,000 in prizes Wednesday.

 Powerball offers two jackpot payment options: the $510 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $324 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: Saturday, Aug. 19, 2017

Estimated Jackpot Amount: $510 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $324 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: 19
Last Winning Jackpot Ticket:
June 10, 2017 ($447.8M – California)
#1 Powerball Jackpot: Jan. 13, 2016 – $1.586 billion jackpot (Calif.; Fla.; and Tenn.)

 For more information on the Georgia Lottery Corp. and Powerball, please visit:

www.galottery.com and www.powerball.com

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