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Powerball prize up to $1.5 billion, could grow

“If that’s the $1.5 billion victor, we have it on camera”. “I never wanted to wait on line”.

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Anyone with just a matching Powerball number gets four bucks.

The next drawing is Wednesday night at 10:59.

“If you look at the drawing that happened on the sixth of January and then the drawing that happened on the ninth of January, ticket sales in North Carolina doubled just between those two drawings because of how big the jackpot was getting”, said Kathleen Jacob, spokesperson for the North Carolina Lottery. The Powerball prize is now up to $1.5 billion and it could grow even more. And people rarely choose that option. Harold Bailey from Conway won $25 million and opted for the one-time payout. That’s also known as the cash value.

The sky’s the limit for whoever does win the massive jackpot.

New Jersey celebrated the Ocean’s 16 group win from the August 7, 2013 Powerball drawing when they shared the $448.4 million jackpot with another New Jersey ticketholder and a third ticketholder from Minnesota. To put that into perspective, you’re far more likely to become a movie star, get drafted to the National Basketball Association or be killed by lightning.

Each ticket has a 1 in 292 million chance of having the right six-digit combination, while the odds of meeting such an untimely demise are 1 in 183 million.

Good news: Canadians are eligible to win. Spain’s massively popular Christmas lottery, known as “El Gordo”, is ranked as the world’s richest, though it doles out a single jackpot among millions of prizes, instead of one large jackpot like the Powerball.

62 percent of the money from every dollar spent on the Colorado Lottery goes to prizes.

Don’t toss your ticket!

According to the Oregon Lottery, the average Oregon retailer sells about $115,000 of tickets each year, but with the $1 billion-plus jackpot, Bend retailers are expecting to make more.

Experts say there is nothing inherently wrong with gambling as long as you can control it. They call the need to buy lottery tickets “problem gambling” meaning a person relies on gambling to get money and often runs into problems with finances, relationships or work. Since a ticket costs $2, the value is $2.30 for a ticket one would spend $2 on.

Matching the five white-ball numbers qualifies for a $1 million prize, which doubles to $2 million if it’s a Power Play ticket.

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