Saturday’s $700 Million POWERBALL Jackpot, Highest In History
By Space Coast Daily // January 7, 2016
The POWERBALL jackpot has rolled 18 times, since the November 7 drawing, resulting in the game’s and the country’s largest jackpot ever – an estimated $700 million for Saturday night’s drawing.
The excitement is growing tremendously statewide and across the nation for this historic jackpot on Saturday night,” said Florida Lottery Secretary Tom Delacenserie.
“This POWERBALL jackpot is not only a life-changing opportunity for any person, but also it has allowed the Lottery to generate over $40 million in revenue for Florida students and schools.”
Even with no jackpot winner in last night?s drawing, Florida POWERBALL players won big, with more than 591,000 winning tickets totaling more than $6.5 million in prizes. This included two $1 million winners in Fort Lauderdale and Dunedin.
During this jackpot series, more than 1.7 million Florida POWERBALL winners have won more than $17 million in prizes.
Jackpot prizes are paid in 30 annual installments or as a one-time, lump-sum payment. Jackpot prizes must be claimed within 60 days after the draw to receive the cash option of an estimated $413.1 million.
Winners have 180 days from the applicable drawing to claim their prize.
Purchase your tickets at any of the more than 13,000 Lottery retailers for your chance to become Florida’s newest multi-millionaire.
Tickets must be purchased by 10:00 p.m. Eastern Time on Wednesday to be eligible for this drawing.
National POWERBALL drawings are broadcast live, in high-definition, from the Florida Lottery’s state of the art draw studio in Tallahassee at 10:59 p.m. ET on Wednesdays and Saturdays..
