Wednesday’s Powerball jackpot drawing now at $320 million - WTVM.com-Columbus, GA News Weather & Sports

Wednesday’s Powerball jackpot drawing now at $320 million

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(WTVM) -

The Powerball jackpot is accelerating and the excitement is spreading across Georgia.

Wednesday's jackpot is at $320 million after no one matched all the winning numbers in Wednesday's drawing.

The Powerball jackpot has been growing since June 27 and has rolled 14 times.

Powerball offers two payment options: the $320 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is approximately $213 million.

Powerball tickets are $2 per play.

As with all other Georgia Lottery games, proceeds from Powerball will benefit education in the state of Georgia.

POWERBALL FAST FACTS

Draw Date: August 15, 2012
Estimated Jackpot Amount: $320 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $213 million
Cost to Play: $2 per play; an additional $1 per play to add the Power Play multiplier
Drawings: 11 p.m. (ET) every Wednesday and Saturday
Overall Odds of Winning Any Prize: Approximately 1:32
Odds of Winning Jackpot Prize: Approximately 1:175 million
Date Jackpot Began Rolling: June 27, 2012
Number of Rolls: 14
Last Winning Jackpot Ticket: June 23, 2012 – $60 million jackpot (Connecticut winner)
#1 Powerball Jackpot: Feb. 18, 2006 – $365 million jackpot (Nebraska winner)

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