Driven by high-volume ticket sales, The Powerball® jackpot has grown to a $500 million annuity value, or a $327.4 million cash prize, for the Wednesday, Nov. 28 drawing.
The jackpot had previously stood at a Powerball game-record $425 million annuity, or a $278.3 million cash prize. Only one U.S. lottery jackpot has ever been larger: the $656 million Mega Millions jackpot on March 30, 2012, which was claimed as a $471 million cash prize.
“Pennsylvania Lottery players are very excited about this record Powerball jackpot, and that excitement is being reflected in our ticket sales,” said Pennsylvania Lottery Executive Director Todd Rucci.“We urge our players to purchase their Powerball tickets early to avoid a last-minute rush, and to always play responsibly.”
The current Powerball jackpot run began Oct. 6 and there have been 15 consecutive draws without a jackpot winner.
Through noon on Nov. 27, the Pennsylvania Lottery has seen more than $64 million in Powerball and Powerplay sales for the current jackpot run.
Considering about 30 cents of each dollar spent on Lottery is dedicated to programs benefiting older Pennsylvanians, this Powerball run has already generated more than $19.2 million for the Lottery Fund.
At midday on Nov. 27, the Pennsylvania Lottery reported statewide Powerball and Powerplay sales volume of approximately $6,700 per minute.
Tickets for the Nov. 28 Powerball drawing will be available until 9:59 p.m. Wednesday evening.
How to play Powerball: Players pay $2 and select five white balls from the first set of 59 numbers plus a single red ball, the Powerball, from a second set of 35 numbers. Players may select their own numbers using a Powerball playslip, or they may opt for computer-selected quick picks. Players must match all five numbers drawn plus the Powerball number to win the jackpot. There also are eight additional ways for players to win a cash prize.
A $2 million Powerball ticket was sold in the Bethlehem area last month.