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Powerball Winning Numbers Could Make you $320 Million Richer

Travelers Today       By    Lena Vazifdar

Updated: Aug 15, 2012 05:26 PM EDT

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Powerball
Thuan Le won $14 million by making a ticket mistake.(Photo : Reuters)

Someone could be $320 million richer Wednesday for Powerball's drawing which is the fourth-largest amount in the lottery's history.

The prize grew after no one matched all six numbers in the lottery drawing on Saturday. However, five tickets one $1 million because they matched five of the six winning numbers. The states that those were won in are Florida, North Carolina, Pennsylvania and New Jersey.

The lottery is held in 42 states and the DC. The last largest Powerball winner was back in 2006 when eight workers at the ConAgra meatpacking plant in Lincoln, Nebraska won the extraordinary sum.

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Not surprisingly, the odds of winning this jackpot are not high. 1 in 175 million. According to the Lottery's website however the odds of winning any sum, even just a few dollars is 1 in 31.

Earlier this year, Louise White, 81, from Rhode Island won the $336.4 million prize, which is the third's largest in lottery history.

In April, three public school teachers from Maryland won part of the $656 million, mega millions jackpot, with an estmiated $34.997 million each after taxes. They bought 60 tickets from different locations throughout Maryland and shared a total of $218.6 of the grand prize.

Powerball tickets cost $2 and drawings occur Wednesday and Saturday at 10:59 p.m. ET. Five balls are selected from 59 white balls and one red ball. The Powerball is drawn from 35 balls.

Winners can either choose a lump sum payment, which would equal $213.3 million or an annuitized prize that is paid in thirty payments.

For more info check out Powerball's website.

 

 

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