Wednesday, August 7, 2013

Powerball giant jackpot $425 million

Americans in 43 states lined up Wednesday for a shot at a mind-blowing $425million Powerball jackpot, as lotto officials said they’re the ones feeling lucky in a year of gargantuan prizes and big profits.

A string of no-win weeks in the past year have allowed jackpots to grow to dizzying heights. The top four lottery prizes ever in the United States have come since March 2012, when the record was set with a $656 million Mega Millions jackpot. The next three top jackpots, all for Powerball, have come in the past nine months and follow that lottery’s January 2012 revamp, which changed the price of a ticket from $1 to $2.

Wednesday’s Powerball total is the fourth largest lotto jackpot ever. If someone does hit the right numbers, he or she can claim a single payment of $244 million after taxes.

And if no one walks away a winner, it is possible the next drawing on Saturday might be close to “world record territory,” said ChuckStrutt, head of the Multi-State Lottery Association.

Source: nbcnews


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