Powerball Jackpot Climbs To $253 Million

No one won Wednesday night's POWERBALL jackpot which caused the Saturday August 11, 2012 jackpot to climb to an estimated $253 million ($170.5 million cash value).

 

 

One ticket purchased in Florida was a power play winner which matched 5 of 5 numbers for $2 million.  

 

Fourteen winners matched 5 of 5 numbers to win $1 million.  Those winners were from Connectitcut, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Michigan, New Hampshire, New Jersey, New York, Ohio, Oklahoma, and Oregon.

  

The overall odds of winning the Powerball jackpot are 1 in 175,223,510. 

 

 

Since POWERBALL launched in Florida in January 2009, Florida has had the strongest POWERBALL and Power Play sales of any U.S. lottery, exceeding more than $1.4 billion and yielding $557 million in education funding to date.  Additionally, the Florida Lottery has had the most winners in the nation, winning more than $570 million in prizes, including four jackpot winners. 

Florida Lottery retailers who sell a jackpot winning ticket for this drawing will receive a bonus incentive of $80,000.  If there is a jackpot winning ticket sold in Florida and it includes Power Play, the retailer will receive an extra $20,000.  If there is a 5 of 5 winner with Power Play, the retailer will receive $5,000. 

 

 

POWERBALL jackpot prizes are paid in 30 annual installments or as a one-time, lump-sum payment. Jackpot prizes must be claimed within the first 60 days after the winning draw to receive the cash option of $170.5 million. Winners have 180 days from the applicable drawing to claim their prize.