Powerball reaches $139M for July 28 jackpot drawing
Jul 27, 2012 | 1234 views | 0 0 comments | 5 5 recommendations | email to a friend | print
The Powerball jackpot has rolled to $139 million to a single annuity winner for Saturday’s drawing. The increase is generating excitement across Georgia.

The Powerball jackpot has grown since June 27 and has rolled eight times.

Powerball offers two payment options: the jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $93 million.

Powerball tickets are $2 per play. Players can multiply prizes with the Power Play option.

As with all other Georgia Lottery games, proceeds from Powerball will benefit education in the state of Georgia.

Since its first year, the Georgia Lottery Corp. has returned more than $13.6 billion to the state for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.4 million students have received HOPE, and more than 1.1 million four-year-olds have attended the statewide, voluntary prekindergarten program.

For more information on the Georgia Lottery Corp. and Powerball, please visit galottery.com, lotterybenefitsgeorgians.com and powerball.com.



POWERBALL FAST FACTS

Draw Date: July 28, 2012

Estimated Jackpot Amount: $139 million

Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments

Cash Option Amount: Approximately $93 million

Cost to Play: $2 per play; an additional $1 per play to add the Power Play multiplier

Drawings: 11 p.m. (ET) every Wednesday and Saturday

Overall Odds of Winning Any Prize: Approximately 1:32

Odds of Winning Jackpot Prize: Approximately 1:175 million

Date Jackpot Began Rolling: June 27, 2012

Number of Rolls: 8

Last Winning Jackpot Ticket: June 23, 2012 – $60 million jackpot (Connecticut winner)

#1 Powerball Jackpot: Feb. 18, 2006 – $365 million jackpot (Nebraska winner)

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