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Powerball jackpot soars to $550 million

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Powerball is packing an even more powerful punch. Georgia Lottery officials announced today that strong sales have pushed Wednesday’s Powerball jackpot from $500 million to $550 million.

The current jackpot is the largest in the game’s history.

The jackpot has grown since Oct. 6 and has rolled 15 times.

The $550 million Powerball jackpot is the second largest in Georgia Lottery history behind the historic world record $656 million Mega Millions jackpot in March.

Powerball offers two payment options: the $550 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $360 million.

Tonight's drawing will occur at 10:59 p.m.

 


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