BIG JACKPOT: $320 Million Powerball Prize
The Powerball jackpot continues to grow after no tickets matched the winning combination in Wednesday night’s drawing.
The Iowa Lottery says Saturday’s estimated jackpot is $320 million, the sixth-largest jackpot in the game’s history. It’s been almost two months since somebody won the Powerball jackpot.
The lottery says since the redesign of the game in 2012 more than 500 people have won at least $1 million. Matching all five white numbers, but not the Powerball, leads to a $1 million prize which could be doubled if the PowerPlay option was purchased.
“Last year, we promised a bigger and better Powerball, and we are delivering on that promise,” says Norm Lingle, National Powerball Chair. “The new Powerball has allowed for bigger jackpots, better odds with more prizes being won, and it’s created 539 new Powerball millionaires nationwide.”
The largest Powerball jackpot ever won in Iowa was in June of 2012, when 20 employees of the Quaker Oats plant in Cedar Rapids won $241 million.
The next Powerball drawing is Saturday night.