Press Releases

ATLANTA – As a result of rapid sales, Georgia Lottery officials announced today that the Powerball estimated jackpot has been raised from $650 million to $700 million for Wednesday’s drawing.

The jackpot began rolling June 14 and has rolled 20 times.

Powerball offers two jackpot payment options: the $700 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $443 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 $18.7 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, Aug. 23, 2017

Estimated Jackpot Amount: $700 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $443 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: June 14, 2017
Number of Rolls: 20
Last Winning Jackpot Ticket: June 10, 2017 ($447.8M – California)
#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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