Powerball continues to climb, hits $1.5 billion

The record-breaking Powerball jackpot continues to climb, hitting $1.5 billion Tuesday ahead of Wednesdays' drawing, according to the Georgia Lottery.

Players who would take the cash option would win $930 million, before taxes.

Winning isn't everything, though, and players should expect a barrage of con artists, lawsuit filers and taxes when they win.

Remember, though, even if Wednesday's drawing fails to declare a winner, the children are the real winners. Since Powerball began rolling over on Nov. 7, the jackpot has generated an estimated $26.9 million for Georgia Lottery-funded Pre-K and HOPE Scholarships.

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Ellen Eldridge

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