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$425 MILLION: Powerball jackpot raised again

PowerballPowerball: $425 MILLION: Powerball jackpot raised again
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Now 4th-largest cash value in history

By Todd Northrop

Due to larger than expected sales volume, the Multi-State Lottery Association (MUSL) has raised the official Powerball lottery jackpot estimate for Wednesday's drawing to $425 million.

The all-important lump-sum cash value of the jackpot has been raised to $244.7 million — now the 4th-largest cash jackpot ever offered in a United States lottery.

Lottery players seeking to check the winning numbers Wednesday night are urged to use USA Mega (www.usamega.com). State lottery Web sites are normally brought to a standstill during busy periods, while USA Mega normally remains responsive.

Powerball drawing results will be posted immediately after the 10:59 pm drawing at USA Mega. The number of winners and new jackpot will be announced after all participating Powerball states have reported their data, which normally occurs within a couple of hours after the drawing.

Tickets will remain on sale typically until 10:45 pm Eastern Time on Wednesday, although players should check with a lottery retailer in their state for the exact sales cutoff time. Players are advised not to wait until the last minute.

The odds of winning the jackpot are approximately 1 in 175 million. The odds of winning any of the Powerball prizes are approximately 1 in 32.

Powerball tickets cost $2 each.

Lottery players can see an after-tax analysis of the current Powerball jackpot by visiting USA Mega's Jackpot Analysis page.

Powerball features nine different prize levels, ranging from $4 all the way up to the jackpot. Players can win even if they just match one number — the Powerball number.

All states except California also offer the Power Play option for an extra $1 per ticket purchased. The Power Play multiplies any non-jackpot prizes won by a fixed amount, depending on the prize level won.

Players who purchase the Power Play and win second prize will automatically have their prize increased by 2x to $2 million.

News story photo(Click to display full-size in gallery)

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130 comments. Last comment 1 year ago by jamella724.
Page 1 of 9
helpmewin's avatar - dandy
u$a
United States
Member #106669
February 22, 2011
17509 Posts
Offline
Posted: August 6, 2013, 7:54 pm - IP Logged

Now 4th-largest cash value in history

By Todd Northrop

Due to larger than expected sales volume, the Multi-State Lottery Association (MUSL) has raised the official Powerball lottery jackpot estimate for Wednesday's drawing to $425 million.

The all-important lump-sum cash value of the jackpot has been raised to $244.7 million — now the 4th-largest cash jackpot ever offered in a United States lottery.

Lottery players seeking to check the winning numbers Wednesday night are urged to use USA Mega (www.usamega.com). State lottery Web sites are normally brought to a standstill during busy periods, while USA Mega normally remains responsive.

Powerball drawing results will be posted immediately after the 10:59 pm drawing at USA Mega. The number of winners and new jackpot will be announced after all participating Powerball states have reported their data, which normally occurs within a couple of hours after the drawing.

Tickets will remain on sale typically until 10:45 pm Eastern Time on Wednesday, although players should check with a lottery retailer in their state for the exact sales cutoff time. Players are advised not to wait until the last minute.

The odds of winning the jackpot are approximately 1 in 175 million. The odds of winning any of the Powerball prizes are approximately 1 in 32.

Powerball tickets cost $2 each.

Lottery players can see an after-tax analysis of the current Powerball jackpot by visiting USA Mega's Jackpot Analysis page.

Powerball features nine different prize levels, ranging from $4 all the way up to the jackpot. Players can win even if they just match one number — the Powerball number.

All states except California also offer the Power Play option for an extra $1 per ticket purchased. The Power Play multiplies any non-jackpot prizes won by a fixed amount, depending on the prize level won.

Players who purchase the Power Play and win second prize will automatically have their prize increased by 2x to $2 million.

News story photo(Click to display full-size in gallery)

That is Good NewsPartyRoll on PB

    maringoman's avatar - kobold
    Massachusetts
    United States
    Member #37433
    April 14, 2006
    2102 Posts
    Offline
    Posted: August 6, 2013, 8:05 pm - IP Logged

    I hope I hit 5 of 6 with or without powerball. I already added the powerplay so it don't matter to me. Goodluck everybody!

    It's a futile effort.

      haymaker's avatar - Lottery-012.jpg
      egg harbor twp.south jersey shore
      United States
      Member #112972
      June 29, 2011
      3163 Posts
      Offline
      Posted: August 6, 2013, 8:12 pm - IP Logged

      WTG, I always add the PP, MP also.

      Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

        dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
        Oklahoma
        United States
        Member #82391
        November 12, 2009
        5412 Posts
        Offline
        Posted: August 6, 2013, 8:25 pm - IP Logged

        Rollin Rollin Rollin  Banana

        Keep movin, movin, movin Dance

        I Love Pink & Green 1908

          maringoman's avatar - kobold
          Massachusetts
          United States
          Member #37433
          April 14, 2006
          2102 Posts
          Offline
          Posted: August 6, 2013, 8:26 pm - IP Logged

          WTG, I always add the PP, MP also.

          You sir are not gonna regret it the day your numbers decide to try you. Goodluck!

          It's a futile effort.

            haymaker's avatar - Lottery-012.jpg
            egg harbor twp.south jersey shore
            United States
            Member #112972
            June 29, 2011
            3163 Posts
            Offline
            Posted: August 6, 2013, 8:40 pm - IP Logged

            That is Good NewsPartyRoll on PB

            Roll Columbia, won't you roll,roll roll,

            roll Columbia, won't you roll,roll, roll.

            Guitar Drum Party Party

            W/apologies to Woody Guthrie. Cool Cheers Wink

            Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

              haymaker's avatar - Lottery-012.jpg
              egg harbor twp.south jersey shore
              United States
              Member #112972
              June 29, 2011
              3163 Posts
              Offline
              Posted: August 6, 2013, 8:41 pm - IP Logged

              You sir are not gonna regret it the day your numbers decide to try you. Goodluck!

              Goodluck to you as well.

              Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

                tnlotto1's avatar - logo
                nashville
                United States
                Member #49896
                February 18, 2007
                1181 Posts
                Offline
                Posted: August 6, 2013, 8:42 pm - IP Logged

                Rollin Rollin Rollin  Banana

                Keep movin, movin, movin Dance

                I Agree!

                Cheers

                Party

                  haymaker's avatar - Lottery-012.jpg
                  egg harbor twp.south jersey shore
                  United States
                  Member #112972
                  June 29, 2011
                  3163 Posts
                  Offline
                  Posted: August 6, 2013, 8:43 pm - IP Logged

                  Rollin Rollin Rollin  Banana

                  Keep movin, movin, movin Dance

                  Keep the JPs movin, LMAO Thumbs Up

                  Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

                    Avatar

                    United States
                    Member #124819
                    March 20, 2012
                    212 Posts
                    Offline
                    Posted: August 6, 2013, 8:46 pm - IP Logged

                    I like that picture. Reminds me of how once I win, I'll literally pile my bed with millions and dive and jump in it. Come on, you know you have always wanted to do that.

                      lottoguysocal's avatar - atlantis dubai_1118783i.jpg
                      camarillo, ca
                      United States
                      Member #132481
                      September 4, 2012
                      130 Posts
                      Offline
                      Posted: August 6, 2013, 8:48 pm - IP Logged

                      will it move to 450 by the draw tomorrow?

                        noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
                        Bay Area/ California
                        United States
                        Member #136482
                        December 12, 2012
                        2062 Posts
                        Offline
                        Posted: August 6, 2013, 8:49 pm - IP Logged

                        Get a load of this.

                         or this  choose wisely.

                          lottoguysocal's avatar - atlantis dubai_1118783i.jpg
                          camarillo, ca
                          United States
                          Member #132481
                          September 4, 2012
                          130 Posts
                          Offline
                          Posted: August 6, 2013, 8:50 pm - IP Logged

                          like uncle scrooge from duck tails,

                            Jon D's avatar - calotterylogo
                            Los Angeles, California
                            United States
                            Member #103816
                            January 5, 2011
                            1530 Posts
                            Offline
                            Posted: August 6, 2013, 9:13 pm - IP Logged

                            will it move to 450 by the draw tomorrow?

                            I don't think so. They achieved what they wanted.

                            The PB modus operandi with large jackpots seems to be:

                            - be very conservative on the initial estimate

                            - then on the day before the draw, put up the *real* estimate (to get more buzz and steal MM's thunder)

                            Remember last time they overshot, they said $600M but ended up being only $590M.

                            There's more than math going on here, there's also Marketing.