Powerball lottery jackpot reaches $100 million

Jul 18, 2006, 2:15 pm (6 comments)

Powerball

The Powerball jackpot continues to move upward, this time reaching the $100 million-mark.

Even though the grand prize was not awarded Saturday, one lucky ticket in Oklahoma won $800,000 with Power Play. A total of 585,154 players across the nation won more than $6 million in prizes in "America's Game".

Because no one correctly matched all six numbers in Saturday's drawing the jackpot will grow to an estimated $100 million.

The cash option for the Wednesday, July 19th drawing will be an estimated $45.3 million.

The numbers drawn Saturday evening were 20, 35, 36, 47, 50 and the Powerball was 5. The Power Play multiplier was 4.

Four tickets correctly matched the 5 white numbers and won $200,000. Their winning tickets were purchased in Indiana, Louisiana, Pennsylvania and Tennessee. The lucky ticket in Oklahoma, not only matched the 5 white numbers, but also purchased the Power Play option multiplying the $200,000 prize by 4 for a total win of $800,000.

Twenty-nine tickets matched 4 white numbers plus the Powerball and won $10,000. Five additional winners of that prize category also purchased the Power Play option, giving them a total win of $40,000.

More than 110,000 winning Powerball players multiplied their prize by 4 Saturday. They were able to do that by purchasing the Power Play option for one dollar. With Power Play you multiply your Powerball winnings 2-5 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 $24.1 million worth of tickets between Thursday and Saturday night. The lotteries sold approximately 2.8 billion in Powerball tickets in FY06. That translates into more than $800 million for worthwhile state projects.

Lottery Post Staff

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bellyache's avatarbellyache

I know I'll be buying some tickets for tomorrows drawing!

DoubleDown

Me too...

Isn't it interesting that 9 times out of 10 the JP comes to $100 Million when it gets this far ?

Not $101, not $99, but $100....

Hmmm

fxsterling

the truth of a 31% pay out is easy math

Just6ntlc

I think they don't want to have jackpots end in $99 or $101 million because it's estimated. The draw will likely be exactly $100 million or a little bit higher based on sales.

dingo's avatardingo

I think they don't want to have jackpots end in $99 or $101 million because it's estimated. The draw will likely be exactly $100 million or a little bit higher based on sales.

I'd like to add to this. $100 Millions jackpot refers to the image of $100 bill. So this jackpot gonna catch attention from more people. This image is more powerful than $99 or $101 millions.

 

That's what I think thought. 

nc6string

Once you've won $100 million, one million more or one million less is probably not going to be life changing.  Like David Lee Roth used to say, "Don't sweat the small stuff."

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