News

With no winner since Christmas, Powerball hits $400M

With no winner since Christmas, Powerball hits $400M

BIG MONEY: The drawing scheduled for 10:59 p.m. EST on Wednesday is a chance to win the sixth-largest prize in U.S. lottery history and the fourth-largest for Powerball, according to a spokesperson for the Multi-State Lottery Association, which runs the game. Photo: Reuters

By Zachary Cook

(Reuters) – Powerball ticket buyers lined up at corner groceries and gas stations on Wednesday with visions of hitting the $400 million jackpot in the U.S. lottery that hasn’t had a top prize winner since Christmas.

The drawing scheduled for 10:59 p.m. EST on Wednesday is a chance to win the sixth-largest prize in U.S. lottery history and the fourth-largest for Powerball, according to a spokesperson for the Multi-State Lottery Association, which runs the game.

The top prize amount has been swelling since the last jackpot on Christmas Day, and it has rolled over 15 times and increased in value after each drawing since then, said Carolyn Hapeman, Powerball spokeswoman in New York.

Most recently, there was no winner in Saturday’s $330 million prize, which grew to a $400 million jackpot for Wednesday night’s drawing.

If the winner opts to take Wednesday night’s prize as a lump sum, it would amount to $227.8 million, the website said.

In the last two years, Powerball prizes have increased considerably, due to ticket prices doubling, from $1 to $2, and California, the nation’s most populous state, joining 42 other states, Washington and the U.S. Virgin Islands in playing the game.

The chance of claiming the jackpot is one in 175 million, regardless of how many tickets a person buys.

The biggest winner in the history of Powerball took home $590 million before taxes after purchasing a winning ticket in May 2013 in Florida.

The Powerball website said the average jackpot winnings are roughly $255 million and about 70 percent of winners buy their tickets with computer generated numbers.

(Editing by Barbara Goldberg and Gunna Dickson)

Recent Headlines

in Local

Human Remains in Rochester Identified

rochester police

The Sangamon County Coroner's Office has identified the female remains found in Rochester on July 19th.

in Local

Sangamon County Leads State in Tourism Growth

Lincoln's_Tomb

Numbers released by the Illinois Office of Tourism indicates the Springfield area continues to be a big draw for visitors.

in Local

More Money Toward City Pensions? Not So Fast, Say Budgeteers

municipalcenter

Some Springfield aldermen want to take a budget windfall and put it toward police and fire pensions, but city budgeteers are advising against it at the moment.

in Local

Police Arrest 5 in Shooting, Crash at Dirksen & South Grand

accident_southgrand

Police have arrested five people in connection with a shooting turned high speed chase turned crash late Tuesday night.

in Local

Springfield Police Seek Tips on East Side Armed Robbery

gun

Springfield Police are looking for help solving an armed robbery at an east side bar.