ATLANTA – The jackpot for Wednesday’s drawing has grown, reaching $184 million to a single annuity winner.
Powerball has had 13 jackpot amounts and 12 rollovers since the starting jackpot May 11.
Powerball offers two payment options: the $184 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $125.3 million. Powerball tickets are $2 per play.
As with all other Georgia Lottery games, proceeds from Powerball will benefit education in the state of Georgia.
Since its first year, the Georgia Lottery Corp. has returned more than $17.4 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
POWERBALL FAST FACTS
Draw Date: Wednesday, June 22, 2016
Estimated Jackpot Amount: $184 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $125.3 million
Cost to Play: $2 per play; an additional $1 per play to add the Power Play multiplier
Drawings: 11 p.m. (ET) every Wednesday and Saturday
Overall Odds of Winning Any Prize: Approximately 1:24.87
Odds of Winning Jackpot Prize: Approximately 1:292 million
Date Jackpot Began Rolling: May 11, 2016
Number of Jackpot Amounts: 13 Number of Rolls: 12
Last Winning Jackpot Ticket: May 7, 2016 – $ 429.6 million jackpot (New Jersey)
#1 Powerball Jackpot: Jan. 13, 2016 – $1.586 billion jackpot (Calif.; Fla.; and Tenn.)
For more information on the Georgia Lottery Corp. and Powerball, please visit:
www.galottery.com and www.powerball.com
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