Big-money dreams on the line in record drawing Wednesday night.
Wednesday, November 28, 2012
A record sum of money could be for the taking Wednesday night, as the Powerball jackpot has reached $550 million. Those in New Jersey hoping to cash in have until 9:59 p.m. to snag a ticket, or two, or–well, you get the idea. The drawing will take place at 10:59 p.m. With no winner since Oct. 6 and an increase in the cost of tickets to $2, the value of the pot has skyrocketed. The jackpot, won by matching all five white balls in any order and the red Powerball, can be paid out as either an annuitized prize paid out over 29 years or a lump sum payment, according to the game's website. If the winner chooses the annuity, the annual payment will be increased each year by the percentage set out in the Powerball game rules. Of course, $550 …
Get out and grab your ticket.
Tuesday, January 4, 2011
Want to start your year off by becoming a multi-millionaire overnight? Then you better run out and do what others apparently have done at a rapid rate over the past few days. The Mega Millions jackpot for tonight's drawing has risen to $330 million according to megamillions.com. The site says the brisk sales across the nation have caused officials to increase the estimate from the $290 million they called for on Saturday. The cash option will pay out $208.3 million, according to the site. The largest payout ever in North America was $390 million on March 6, 2007, when two people, including a New Jersey resident, won. The drawing will be held at 11 tonight. Tickets can be purchased until 10:45. The game is played in 41 states and the …