What would you do with a multi-million jackpot?
The Powerball jackpot has rolled over 15 times since Aug. 5 and will reach an estimated $267 million for Saturday’s 11 p.m. drawing.
Georgia is one of 44 states, in addition to Washington D.C., Puerto Rico and the US Virgin Islands, involved in the multi-state Powerball drawing.
The drawing’s last winning ticket was for a $110 million jackpot and it was sold in California. The jackpot has rolled over on Wednesdays and Saturdays 15 times since Aug. 5.
If you’re lucky enough to beat the odds of winning the jackpot (1:175 million), you’ll get the option of a one-time cash payout of about $169 million or an annuity option that pays the jackpot in 30 graduated payments over a 29-year period.
Players will pay $2 for a ticket or $3, which adds a Power play option that multiplies winnings 2 to 5 times with the exception of the jackpot.
A Florida winner won the all-time high Powerball jackpot, $590.5 million, in May 2013.
About the Author