Powerball jackpot hits $290 million

What would YOU do with $290 million?

WRITTEN BY: Chelsie Lacny
The odds of winning the jackpot are 1 in 175,223,510
Image Source: Foodie in Disguise via Flickr
The odds of winning the jackpot are 1 in 175,223,510

The Powerball jackpot shot up to an estimated $290 million after Wednesday night’s drawing.

Nobody claimed the grand prize on Wednesday, but there were five winners of the $1 million Match 5, and two winners for the Match 5 Power Play. The five Match 5 winners came from California, Connecticut, Florida, New York and Pennsylvania. The two Match 5 Power Play winners came from Oklahoma and Oregon.

The $2 million winners paid an extra $1 per ticket for the opportunity to increase their payoff; the $1 million winners did not pay the extra for this option, although I’ll bet they wish they had.

In total, there were more than a million winners from Wednesday’s Powerball drawing, with more than $17 million awarded in prizes.

The largest Powerball jackpot ever awarded to a single winner was awarded to a Florida woman in May, who took a lump sum of $371 million ($278 million after taxes).

The next Powerball drawing will be held on Saturday, August 3, and the odds of winning are 1 in 175,223,510. 

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