Powerball Jackpot Jumps to $600 Million

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    NEWSLETTERS

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    People buying into the Powerball drawing are competing against players all across the country.

    No one has won the Powerball jackpot since March and the estimated jackpot has grown to a staggering $600 million, making it the largest jackpot in Powerball history and the second largest lottery jackpot overall.

    Since Wednesday, the prize amount has jumped from $360 million. Between Thursday and Friday alone, it went from $550 million to the current $600.

    Powerball is quickly approaching the largest lottery jackpot. On March 30, 2012, Mega Millions hit $656 million and three winning tickets were sold. 

    If you are the lucky Powerball winner, the estimated cash value is $376.9 million. 

    While no one has won the big jackpot, you still should check your tickets.

    Someone in Connecticut won $1 million on Wednesday. The winning numbers were 2-11-26-34-41 and the Powerball was 32.

    Thirty people won $200, 156 people $100 and there were several other prizes.

    Powerball Facts

    • The largest Powerball jackpot until now was $587,500,000, according to the Powerball Web site. There were two winning tickets. One was sold in Arizona. The other was sold in Missouri.
    • The last Powerball jackpot winner in Connecticut was Noel Peel, who won a $60 million jackpot in June 23. 
    • In November 2011, Putnam Ave, Trust, a group of hedge fund managers, won $254.2 million.

    When you spend $2 on a ticket, the overall odds of winning a Powerball prize are 1 in 31.8, but the odds of winning the jackpot are 1 in 175,223,510 million.

    How much would the total be after taxes? There are online lottery calculators to help you figure it out.

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