Wednesday's Powerball jackpot third largest in history
From the Texas Lottery Commission:
AUSTIN, TX - Tomorrow
jackpot has been increased to an estimated $425 million, the largest lottery
jackpot currently up for grabs in the U.S. The third largest Powerball jackpot ever, and the fourth
largest jackpot in history for any lottery game.
This jackpot started as a $40
million prize on June 26 and is the
result of 12 draws without a jackpot winner.
players win the jackpot by correctly matching five numbers from a field of 59,
plus the Powerball number from a field of 35. The second-tier prize,
awarded for matching all five numbers, but not the Powerball number is
$1 million. Players can increase their second-tier prize to $2 million if they
purchase the $1 add-on feature Power Play with their ticket. Odds of
winning the jackpot prize are one in 175,223,510, and overall odds of winning
any prize are one in 32.
the Texas Lottery®
the first ticket sold in 1992, the Texas Lottery has generated $21 billion in
revenue for the state and distributed $41 billion in prizes to lottery players.
Since 1997, the Texas Lottery has contributed $15 billion to the Foundation
School Fund, which supports public education in Texas. As authorized by the
Texas Legislature, certain Texas Lottery revenues benefit state programs,
including the Fund for Veterans' Assistance.
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