(Area) There’s jackpot news galore right now, with Powerball’s big prize climbing to an estimated $475 million ($302.4 million cash option) for Saturday’s drawing and the Mega Millions jackpot rolling to an estimated $190 million ($140.9 million cash) for Friday’s drawing. Not to be left out, the Hot Lotto® jackpot also continues to grow, with that cash prize hitting an estimated $6.21 million for its drawing on Saturday.
Saturday’s Powerball jackpot is the second largest in the 21-year history of the game and the third-largest lottery jackpot ever worldwide. The record Powerball jackpot of $587.5 million was won on Nov. 28, split between two tickets in Arizona and Missouri. The largest jackpot in the world was a $656 million Mega Millions prize won on March 30, 2012. That big prize was split by three tickets in Illinois, Kansas and Maryland.
The Powerball jackpot was last won in the drawing on March 30, so it has been growing for about six weeks.
Strong sales across the country are the reason the prize is taking big jumps now. Saturday’s estimated jackpot is about $111 million higher than the $363.9 million prize that was up for grabs in Wednesday’s drawing.
Players are encouraged to sign the back of their tickets and to keep them in a safe place. The lottery also suggests that jackpot winners should seek financial and legal advice as they make plans to enjoy their new winning experience.
“And don’t forget to check your ticket for other prizes,” said Lottery CEO Terry Rich “In addition to the jackpot, there are eight other prize levels in Powerball, ranging from $4 for matching just the Powerball up to $2 million for matching the first five numbers with the Power Play®.”
*Update-The jackpot has since been increased to an estimated $550 Million.