Saturday’s Powerball jackpot at $247M
ATLANTA – Powerball is continuing to grow. Saturday’s Powerball jackpot is $247 million to a single annuity winner.
Powerball began growing June 23 and has rolled 14 times. Powerball offers two jackpot payment options: the $247 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $147 million.
Powerball tickets are $2 per play and can be purchased at Georgia Lottery retailers. Georgia residents also can purchase tickets via the Georgia Lottery app or online at www.galottery.com.
Powerball players can multiply prizes with the Power Play option for an additional $1 per play.
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 $19.8 billion to the state of Georgia 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 1.8 million students have received HOPE, and more than 1.6 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
POWERBALL FAST FACTS
Draw Date: Saturday, Aug. 11, 2018
Estimated Jackpot Amount: $247 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $147 million
Cost to Play: $2 per play; additional $1 per play to add the Power Play multiplier
Drawings: 11 p.m. (ET) every Wednesday and Saturday
Where to Buy: Powerball tickets can be purchased at Georgia Lottery retailers. Georgia residents also can purchase tickets via the Georgia Lottery app or online at www.galottery.com.
Overall Odds of Winning Any Prize: Approximately 1:24.87
Odds of Winning Jackpot Prize: Approximately 1:292 million
Date Jackpot Began Rolling: June 23, 2018
Number of Rolls: 14
Last Winning Jackpot Ticket: June 20, 2018 – $151 million jackpot (Oregon)
No. 1 Powerball Jackpot: Jan. 13, 2016 – $1.586 billion jackpot (California, Florida and Tennessee)
For more information on the Georgia Lottery Corp. and Powerball, please visit:
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