Question Details
How big will the Powerball jackpot grow?
kruijs in
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Settled on 02/20/2014 12:05 Settled by
kruijsIt's up to $400 million, fourth all-time for Powerball, with the cash payout up to $227.8 million, the eighth biggest lump sum for any American lottery.
http://www.philly.com/philly/news/lottery/Biggest_lottery_jackpots_in_US_history.html
Predictions
Background
Without a Powerball winner this weekend, the prize has climbed to $400 million — one of the largest in U.S. lottery history.
Lottery officials said no one matched all six numbers for Saturday's $330.8 million drawing.
The next drawing is Wednesday, and will be the fourth-biggest Powerball jackpot and sixth-highest lottery prize of all time — at least $400 million or $227.8 million in a lump sum.
Large jackpots tend to boost ticket sales and make it more likely the prize will be shared, and changes to the Powerball and Mega Millions games have the jackpots reaching fantasy-inducing levels more often.
In the case of Powerball, officials increased the ticket prices from $1 to $2 in January 2012, and raised starting jackpots to $40 million. The current jackpot began its ascent at the end of 2013.
More than half of the top 10 prizes in U.S. lottery history have occurred since 2012, according to statistics provided by the Multi-State Lottery Association.
http://abcnews.go.com/US/wireStory/powerball-estimated-jackpot-surges-400m-22537489
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