Powerball jackpot reaches $320 million

Tuesday, August 14, 2012 - 5:35pm

Jackpot fever is again sweeping the state as lottery players in Texas and across the country play to win the fourth largest Powerball® jackpot in the history of the game. The $320 million jackpot prize for Wednesday night’s drawing has a cash value option of $213.3 million, the largest cash value offered in the history of Powerball.

“That’s a lot of money, no matter how you choose to win—all at once or over the next 30 years,” said Gary Grief, executive director of the Texas Lottery®. “Only 14 other times has a lottery jackpot been valued at over $300 million in the United States.”

FACTS ABOUT THIS JACKPOT:

Features the fourth largest jackpot in Powerball history.
The highest cash value option jackpot in Powerball history.
11th largest U.S. lottery jackpot prize of all time for any game.
Fifth largest cash value jackpot of all time for any U.S. lottery game.
Ninth largest jackpot prize in lottery world history.

Tomorrow’s jackpot started as a $40 million prize on June 27, 2012, and is the result of 14 draws without a winner.

The odds of winning the jackpot are approximately one in 175.2 million. The odds of winning any of the Powerball prizes are approximately 1 in 32.

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