CLOSE

 

Powerball Jackpot Expected To Reach A Whopping Record-Breaking 1.5 Billion

Source: Justin Sullivan / Getty

The Pennsylvania Lottery says it is selling 16,000 Powerball tickets every minute statewide ahead of tonight’s $1.5 billion drawing.

According to the Pa. Lottery, the largest Powerball prize Pennsylvania has ever awarded was a $110.2 million cash-value jackpot claimed by a New Jersey couple in May, 2004.

The state’s largest Powerball group win was a $107.5 million cash jackpot shared by 48 SEPTA workers in the Philadelphia area in April, 2012.

The odds of matching all six numbers to win the jackpot are 1 in 292.2 million.

The $1.5 billion prize would be paid in annual payments over 29 years or the winner could opt for a lump-sum payment of $930 million.

If no one wins the jackpot Wednesday, the estimated jackpot for Saturday’s drawing will increase to $2 billion, with a cash value of $1.24 billion.

US-LOTTERY-POWERBALL-LIFESTYLE

Source: SAUL LOEB / Getty

Also On 100.3 RNB: