ATLANTA - Saturday’s drawing for the Powerball jackpot amounts to an estimated $128 million to a single annuity winner.
The Powerball jackpot began rolling March 26 and has rolled seven times.
A winning ticket worth $1 million was purchased in Acworth from Wednesday’s drawing.
Powerball offers two jackpot payment options: the $128 million annuity prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $74 million.
Powerball tickets are $2 per play. Players can add the Power Play feature for an additional $1 per play to increase non-jackpot prize winnings.
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 $15 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 1.6 million students have received HOPE, and more than 1.3 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
Draw Date: Saturday, April 19, 2014
Estimated Jackpot Amount: $128 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $74 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 1:32
Odds of Winning Jackpot Prize: Approximately 1:175 million
Date Jackpot Began Rolling: March 26, 2014
Number of Rolls: 7
Last Winning Jackpot Ticket: March 22, 2014 - $96.5 million (Missouri winner)
#1 Powerball Jackpot: May 18, 2013 - $590.5 million jackpot (Florida winner)