Powerball jackpot reaches $700 million

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

 

PENNSYLVANIA–The Powerball jackpot for Wednesday’s drawing is up to a cool $700 million (or $443.2 million after taxes).

This is the second-largest jackpot in U.S. history. The only larger jackpot was a $1.6 billion prize that was split by three winning tickets in January 2016.

Pennsylvania lottery officials say that by mid-day Powerball tickets were selling at a rate of about 8,300 per-minute across the state.

If there’s no winner tonight, the jackpot will be an estimated $1 billion for the Saturday, August 26 drawing.
Here are some other quick Powerball facts:
  • It costs $2 to play. Choose your own numbers or let the computer Quick Pick them.
  • The televised drawing takes place at 11 p.m. in Tallahassee, Florida.
  • In Pennsylvania, tickets are sold until 9:59 p.m. on drawing nights.
  • The Pennsylvania Lottery has sold 17 jackpot-winning tickets since joining the multi-state game 15 years ago this summer.
  • The largest Powerball prize Pennsylvania has ever awarded was a $110.2 million cash-value jackpot claimed by a New Jersey couple in May 2004.
  • Pennsylvania’s largest Powerball group win was a $107.5 million cash jackpot shared by 48 transit workers from the Philadelphia area in April 2012.
  • The current jackpot has been growing since the June 10 drawing.
  • In Pennsylvania, players must be 18 or older.