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Jackpot

Wednesday, November 28, 2012

Will You Buy a Powerball Ticket for a Chance at $500 Million

Georgia Lottery officials say it's the largest jackpot in the game's history.

  • NEWS
  • Wednesday, November 28, 2012

In this article: Who doesn't want to be $500 million richer? The jackpot for tonight’s Powerball drawing is estimated at $500 million, a record-breaking figure for the multi-state lottery game, according to the Georgia Lottery. “The Powerball jackpot has soared to a record amount, which is exciting for players and important for the educational programs we fund,” said Georgia Lottery Corporation President and CEO Debbie D. Alford in a press release. “Georgia Lottery players have a chance to win big, and the students of Georgia certainly win big with every ticket purchased.” The Georgia Lottery offers a website tool to find the closest lottery retailer to your address. Wednesday’s jackpot has grown to a record pot because no one has matched …

Friday, March 30, 2012

$640 Million and Rising: Mega Millions Jackpot Continues to Grow

The chances of winning are so slim you're more likely to get hit by lightning.

Lottery officials report record sales as the Mega Millions jackpot has risen well above a half billion dollars, now at $640 million. (The cash option was "only" $462 million. Expect the feds to try to take about half of that in taxes. Can you settle for $230 million?) There hasn't been a jackpot winner since Jan. 24, and the prize has been growing ever since. The odds of winning the jackpot are the same: approximately one in 176 million. The odds of winning any of the Mega Millions prizes are approximately 1 in 40. Those are the odds, but does it hurt to dream? Some people apparently are serious when they say the lottery is their investment plan–I'm only joking when I say it's my retirement fund. Georgi has been called the state with the …

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