Powerball Jackpot Grows to $126 Million

Sep 22, 2005, 10:18 am (7 comments)

Powerball

The jackpot in "America's Game" is on the rise again.

Even though the Powerball lottery jackpot was not hit Wednesday evening, 606,446 players across the nation won a total of more than $4 million in prizes.

Because no one correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $126 million.

The cash option for the Saturday, September 24th drawing will be an estimated $62.2 million.

The numbers drawn Wednesday night were 3, 28, 34, 35, 50 and the Powerball was 8. The Power Play multiplier was 3.

Five players in Indiana, New Hampshire, Pennsylvania, Tennessee, and Wisconsin matched all 5 white balls and won $200,000.

Thirty players matched 4 white numbers plus the Powerball and won $10,000. Four additional players who won at this prize level also purchased the Power Play and had their $10,000 winnings multiplied by 3 to $30,000.

More than 73,000 winning Powerball players multiplied their prizes by 3 Wednesday. They were able to do that by purchasing the Power Play option for one dollar. With Power Play you multiply your Powerball winnings from 2 to 5 times, except for the jackpot. At the beginning of each drawing a wheel is spun to select that night's multiplier.

Players should carefully check their tickets after every draw. Even if there are no jackpot winners there are always tens of thousands of winners at other prize levels.

Players purchased more than $24.4 million in tickets between Sunday and Wednesday night.

The lotteries sold more than $2 billion in Powerball tickets in FY05. That translates into more than $600 million for worthwhile state projects.

Lottery Post Staff

Comments

delS

delS

I finally won in PB.  I had $15 in tickets and the powerplay/multiplier.  My powerball number on 5 tickets was 8, unfortunately I didn't have any other balls/numbers to go with the PB #8.  But $45 is good any day!

getpaid

I got 5 out of 18 numbers unfortunately for $0.

Down's avatarDown

so whats the power play thing all about?

 

delS

What is the Power Play?

Power Play is a special feature that allows a winner to multiply the original prize amount.  Powerball players can multiply their Powerball prizes by 2, 3, 4 or 5 times (does not include the jackpot).  A player must choose the Power Play option when they buy their Powerball ticket, and then the ticket must match one of the 9 Ways to Win before the multiplier takes effect.  Power Play costs an extra $1 per play.

bellyache's avatarbellyache

I might just start buying a couple of tickets for powerball now.

anonymous77's avataranonymous77

It seems that PB is ready to take off and fly.

Sure. Yet not as big as the previous MM's 250M, but certainly not as small as just a few tens.

One thing to be mentioned.
As Bradly_60 pointed out somewhere, I believe that indeed nothing has changed as far as one is concerned about the cash option value despite the reduced cash value ratio. If one tends to discount an advertised jackpot amount as many would do, then why cares so much about the ratio itself?

Very often, the absolute $ amount is more meaningful than just the ratio(rate) alone. If PB reduced the cash value, that would have been much more problematic for the players.

Nothing more for the players to lose even though PB inflated, legitimately, the amount of annuity jackpot, just because the jackpot winner can always choose either one of the two, cash or annuity.


Good luck, anyone!

Rip Snorter

Sounds as though $126 million jackpot ought to be an actual $40, maybe $45 million after taxes with the lump.  It's difficult to come up with any reasoning for quibbling about the rest.  If a person who's never seen a hundred grand clear in his life, which describes most Americans, can't do whatever he wants to do on 40M, maybe it's worth reconsidering the wants.

Jack

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