Stores are ready for a rush at the register, because Wednesday's Powerball jackpot has reached $500 million.
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Watch Powerball Jackpot Reaches $500 Million Video.
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Stores are ready for a rush at the register, because Wednesday's Powerball jackpot has reached $500 million.
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Lottery's prize is currently the third-largest in the drawing's history.
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5am: $360 million Powerball jackpot video.
The jackpot for Wednesday's jackpot drawing has ballooned to $360 million
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So you didn't win Wednesday's $360 million Powerball jackpot? Make that you and everyone else.
A message early Thursday on the multistate lottery's website said the jackpot has soared to $475 million after no tickets matched the winning numbers in Wednesday night's drawing.
The winning numbers drawn Wednesday night: 2, 11, 26, 34, 41 and a Powerball of 32. The next drawing will be held Saturday.
Wednesday's jackpot was considered the third largest in Powerball history and the seventh largest overall.
Lottery officials expect jackpot totals of this size to continue to climb in shorter amounts of time, thanks in part to a game redesign in January 2012 that increased the odds of winning some kind of prize, but also lowered the possible number combinations to win the Powerball.
There's also 'cross-selling' of Powerball and Mega Millions tickets — states being able to sell both Powerball tickets and Mega Millions tickets — that began in January 2010. As a result, large jackpots will continue to surpass all-time jackpot records set years ago, said Mary Neubauer, spokeswoman for the Iowa Lottery. Iowa is one of the founding Powerball states.
'It usually took a handful of months, if not several months, for a jackpot to reach this large amount,' she said. 'Now it's achieving that within a handful of weeks. I think the redesign is achievi
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The Powerball jackpot has climbed to $485 million, making Wednesday night's drawing the fifth largest prize in U.S. history.
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The Powerball jackpot has climbed to $485 million, making Wednesday night's drawing the fifth largest prize in U.S. history.
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Powerball jackpot soars to 245 million doller
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The winning numbers for the record Powerball jackpot were drawn Wednesday night. The numbers are 5, 16, 22, 23, 29 and Powerball 6. The jackpot rose to $579.9 million by the time of the drawing.
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The Mega Million jackpot is now $640 million dollars. Friday morning the jackpot was $540 million. The lottery said an 'unprecedented sales nationwide' caused $100 million jump.
Virginia Lottery Executive Director Paula Otto said most people wait until the day of the drawing to buy tickets, so it has been a challenge to predict just how much the jackpot will increase.
'We expect to sell somewhere between 12 and 14 million tickets [in Virginia] for the drawing,' Otto said. 'We'll sell close to nine million of those on Friday.'
Otto said during the busiest part of the day, she expected the lottery to sell 17,000 tickets per minute. She expected at least half of all adults in Virginia to buy a Mega Million ticket for this drawing.
'We're pretty sure we'll have a winner, probably more than one, just based on the number of tickets being sold,' Otto said. 'If by some chance we did not have a winner, I think we'd probably be, potentially be, in the billion-dollar category.'
Otto said it only takes one ticket to win but lottery pools have better odds. Get your lottery pool agreement here:
http://www.contractcentral.com/lottery/
Mega Million jackpot is now $640 million dollars
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