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Powerball jackpot builds to $325M for Saturday

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Posted: Nov 23, 2012 11:57 AM
Source: Associated Press

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Topics: des moines, iowa, powerball, lottery, ticket, jackpot, million

DES MOINES, Iowa - The jackpot for Powerball's Saturday drawing has climbed to $325 million, the fourth-largest in the game's history.

A single winner's cash payout would be nearly $213 million before taxes.

Powerball organizers say this is the first run-up to a large jackpot that's fallen over a major holiday. They're unsure whether Thanksgiving and Black Friday will help or hinder sales.

Powerball jackpots have increased more rapidly since the game's organizers doubled the ticket price to $2 in January. An Iowa couple won $202 million in a Sept. 26 drawing, and an anonymous winner in Delaware got $50 million prize the next week.

Roxie Breece, assistant manager at a Cenex convenience store in Ogallala, Neb., says far more Powerball tickets than usual have been sold over the past week.

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