
"(Al Seib / For The Times) The Powerball jackpot has climbed to almost $1 billion, the sixth-largest jackpot ever, after no one won Wednesday's drawing. The next drawing is scheduled for Saturday, with an estimated cash value of $428.9 million, according to a Powerball news release. It's the game's sixth-largest prize ever and the biggest jackpot in more than a year. No ticket matched all six numbers from Wednesday's drawing - white balls 9, 12, 22, 41, 61 and red Powerball 25, according to the release. The Power Play multiplier was 4."
"There were six tickets that won prizes worth $1 million or more from Wednesday's Powerball drawing, according to the release. The tickets were sold in New York, Arizona and Virginia. There were also three winning tickets sold in Ohio, Mississippi and Virginia, worth $2 million. Forty tickets were sold that won $50,000 prizes and 10 tickets that won $200,000 prizes."
"If someone wins Saturday's jackpot, they can choose between periodic payments totaling $950 million or the lump sum payment of $428.9 million, according to the release. If the winner picks the first option, they'll get an initial check with a portion of the winnings followed by 29 annual payments that increase by 5% every year."
Powerball jackpot climbed to almost $1 billion after no ticket matched all six numbers in Wednesday's drawing. The next drawing is Saturday with an estimated lump-sum cash value of $428.9 million and an annuity totaling $950 million paid as an initial check plus 29 annual payments increasing 5% annually. Winning numbers were 9, 12, 22, 41, 61 and Powerball 25 with Power Play 4. Six tickets won $1 million or more (sold in New York, Arizona and Virginia), three won $2 million (sold in Ohio, Mississippi and Virginia), forty won $50,000, and ten won $200,000. Two of this year's four jackpot winners were from Southern California.
Read at Los Angeles Times
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