$310 MILLION: Powerball lottery jackpot in rare territory

Oh here and there. Some from google searches looking for the press releases when winners are announced. For the last 7ish years you can get alot of the info from Todd's other site USA Mega (for example Mega Millions drawing detail history is http://www.usamega.com/mega-millions-history.asp). Powerball's official site has the cash option down to the penny in their winner's stories section. When you look at the final sum it's often off by as much as a few million from what is advertised pre-drawing since that is an estimate based on what they think sales will be. For example the June 29, 2011 drawing was advertised at 76M annuity/40.2M cash but after all the sales were tabulated the jackpot was 77.1M annuity/40.8M cash (which so far nobody has claimed).

I see you joined LP the same year as I did. Welcome back. Maybe you brought back the good luck that I have been waiting for. 

I have a confession, I haven't spent a dime on PB since 2012 started. I think I'll spend $2 and see how it goes. I was inspired by those people who hit the JP and on the press conference say they only play once in a while. It used to get me really heated so I decided to join them.

Wow did this Jackpot grow fast. I'm guessing that Powerball going to $2 is going to see a lot of Jackpots well over 150 million as the norm...I'm also guessing it won't be long until Mega millions follows suit.

I caught the Powerball twice on 2 QP's for $24.

Gonna let it ride.

Yeah the way this is going MegaMillions is definitely going to go to $2 also.

No need for any one here at lottery post to purchase a ticket because I bought the winner today here in Mcminnville, Oregon at the Big Apple store.  I am going to put them on the map the lottery map that is!  Oregon winner here I come!  Yes!  Wooo hooo!-weshar75

Thanks for the welcome.  With PB at this level, I finally decided to fork out a few bucks myself.  As Rdgrnr would say, I'm normally too cheap  to buy tickets since the price went up to $2, but with a jackpot like that, heck, one could support a whole clan!  I'm an old-timer and wouldn't really have that much use for it in my own lifetime, so I've started playing mostly games with lower jackpots and far better odds.  But the thought of leaving an estate of that size to the next two generations and to local charities has a definite appeal.  Yeah, a trust with annual income going to the relatives (so those who can't manage money can't blow it all at once) and the remainder upon their deaths to charity - that sounds mighty good.  Estate taxes would be high, of course.

I guess, the executives and players (lol) made good on their promise. A drastic increase in the jackpot size DID occur. Now, should we reach the $400 million territory (assuming we have a rollover), even the non-believers will be enticed ergo, lots of sales that will push the jackpot margin much, much higher.

  I am watching for now, I decided to stay away from the game for a bit but should any of the LP members win, I sincerely wish you the best of luck. P.S., seek legal counsel and establlish  a trust, it is getting scarier more than ever to have ANY kind of wealth.

Mario38 - Thank you for your condescending hatred of Conservatives. History tells us that the Progressives of the 1920's were firm supporters of the Fascists. So much for superior "abstract reasoning!" Kindly stay up there in "Intellectual Paradise!"

I'm gonna win this one it is my turn to shine. Put the haters to shame! Money come my way........woot woot.

I'm a new member but I kept on checking this site is really cool.

I imagine $300,000,000+ jackpots will become a lot more common considering the odds are now 1 in 350,447,020.

I hope if they do, they also increase the lower tier payout amounts too. 

PowerBall only increased the payouts for matching the bonus ball  by $1 and left all the other payout amounts  the same as they were.   Matching 5+0 already paid $1M when the ticket cost $2 and the lower prizes were at least doubled too.  No wonder now there's more money for the jackpot.

I really hope MM does NOT go to $2. After all, they have 8 out of 10 in the top ten winning lotteries in the US.

I tried to buy my PB ticket today, but the lottery was "offline". Guess that was one way for me to avoid buying a losing ticket and wait for the best time to buy a winning one!!!

$113 million after taxes in Ga! I'm gonna keep buying tickets till I win or somebody else does. Then the waiting game begins agian. How much do yall spend each year? I know some play every week, a few who play when the mood hits them, and a bunch that wait till the jackpot gets big.

LOL, he's a great business man, ain't he?

First he says he wishes all Christians would die and then he uses a fraudulent critique of Conservatives as being haters and racists as his signature. That oughta get people from a majority Conservative and Christian nation to send him money! Heh heh heh heh heh.

What a dope.