“That’ll increase dramatically on Wednesday, and is exciting as it is, we remind players to play responsibly”, said Drew Svitko, executive director of the Pennsylvania Lottery. If you buy 10 tickets, your odds go from 1 in 292 million to 1 in 29 million. Tuesday, Jan. 12, 2016. Here are some fun facts about the largest jackpot ever (OK, maybe they’re not all fun).
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In an underground vault in Florida’s capital city, someone’s $1.5 billion Powerball dreams could be made Wednesday night.
The jackpot has been accruing since November 4, 2015, when the last Powerball jackpot was claimed by a victor in Tennessee.
The only missing number was the red Powerball of 17, which would have won him the then-$500 million jackpot.
After a Texas native claimed his $2 million Powerball prize in Albuquerque on Tuesday, the jackpot continues to grow to record numbers. The overall chance of winning a prize is 1 in 24.87.
The victor could also choose to get a $930 million lump sum.
“At $1.5 billion, that works out to two-hundred-something million each, even after 30 per cent taxes, that comes out to $140 million United States, which is something I guess I could live with”.
The next Powerball drawing will be at 11 p.m. Wednesday.
If you go for it, and your ticket qualifies for one of the non-jackpot prizes, you’ll get to multiply it.
But he says the biggest thing is to put together a team that you trust to help you plan for the new lifestyle.
While that windfall pales in comparison to what the Powerball winner(s) will get, Rubinic has some practical advice for navigating the sometimes hazardous world of lottery winners.
The previous record US lottery jackpot was a Mega Millions game in March 2012 that paid out $656 million.
Sam Trapp, whose Bethlehem business sells lottery tickets, said he sees the same people buying tickets every day.
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While you do not have to be a US resident to purchase a ticket in the lottery, there is confusion about whether some Canadians ticket-holders would be eligible to collect the winnings.
