$325 MILLION: Powerball lottery jackpot goes through the roof

Indeed. If this rolls over once more, it will most likely set the Powerball records for both jackpot and cash value.

Went to Georgia and brought 160 tickets someone has to win this (ME).

Saturday is going to be someone's lucky day. I hope and pray it's me! But it's not going to rollover after Saturday.  I'm sure of it.

I'm dreaming of a very Merry Christmas.

We've been living in a world where people who enter into contracts have to follow the law and do what they agreed to do since long before PB and MM came along. Even if there's a written contract that says everyone has to pay ahead of time that provision may be modified when parties to the contract allow somebody to participate and then pay after the fact. Do that for one guy when you don't win anything and then try to deny a share to somebody who had a reasonable excuse for not paying on time for the drawing where you win and you should expect them to sue for a share. That's why a good contract will cover easily forseeable circumstances, and include a clause that failure to enforce any of the contract's provisions doesn't waive the right of future enforcement of the provision.

As for givefive's scenario of a new member joining when there's money being rolled over from a previous win there are several options. You could make them sit out that drawing, or designate an appropriate number of tickets that they won't own a share in to limit any winnings to those who funded the tickets. You could also go with the common option, and take his money without establishing the rules and then choose between sharing the winnings equally or being sued (and probably losing) if you happen to win.

In the end, if a pool gets sued the odds are very good that it's because they just didn't have a well-written contract in place before allowing people to participate or attempting to remove an established participant.

News hasn't really gotten their hands arounds this yet the stores are pumping this up I would be surprised if this one rolls over.

This would be insane if it was won by one person. I'm not buying anymore tickets,just gonna stick with my 5 advance picks that i have been playing for over six years(a mix of chinese fortunes and self picks). This is the last draw for my advace ticket this saturday so maybe i'll get atleast the first five w/ pp.

My POWERBALL WIN IS FOR ME ONLY NOT FOR ANY STATE RESTORATION .

All the Millionaires and Billionaires in New York can dig deep into their pockets and restore things back in order.

New York has swept the BIG jackpots this year, they do not need anymore wins for at  least decade..lol

Like I said this one is coming home to Painesville, OHIO.

I'll let you New YORK Slicketers have the Feburary 2014 Jackpot!

If there is a winner within the next few drawings, what are the chances that the winner's legal team will be able to get an appropriate trust or LLC ready so the winner can claim the jackpot under this year's taxes?  I've always assumed it would take a good two months.  The difference in taxes between this year and next could be huge, depending upon what they do in Washington D.C. within the next month.  Some of the things they've been discussing, like eliminating the charitable deduction or limiting all deductions to $50,000 could result in a difference of millions or even tens of millions of dollars in income and gift taxes in some cases.  Not that there wouldn't still be enough left to live very well indeed . . .

$325 Million!!!!! C'mon Powerball. I don't need a Beverly Hills mansion but a mini luxury home in Atlanta, GA for $640K, 5bd/6ba, 4300sq ft, would be really nice!!!!

I bought a second ticket!

Artist, what is an ND?

I am shocked and appalled. Of all people on LP, you were the last one I expected to blow an extra 200cents on the PB!

I hope tomorrow will bring good fortune and a peacefull mind to know. Gotta believe it so good luck everyone and bless you all a safe trip to purchase your tickets.

yeppers

Saturday is gonna be the day

I wanna win the MegaMillions tonite.Then let someone else win the Powerball tomorrow so they can have all of the media attention!