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Powerball jackpot raised to $325M

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Posted: Feb 10, 2012 2:32 PM by Brian Waldrep
Source: Louisiana Lottery

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Topics: Powerball, Jackpot, Raised

A lucky Powerball player could cash in on a jaw-dropping $325 million-dollar jackpot Saturday.

The $202.9 million cash value of the jackpot ranks as the highest in Powerball history.

Friday afternoon, the Multi-State Lottery Association (MUSL) announced an increase to Powerball's estimated jackpot size based on a surge in sales since Wednesday.

Saturday's jackpot ranks as the third highest.

The top Powerball jackpot ever won was $365 million in 2006, claimed by eight co-workers in Nebraska.

The Louisiana Lottery has had 14 Powerball jackpot winners since joining the multi-state game in 1995.

The last Powerball jackpot claimed in Louisiana was in July 2010 for $85.7 million, with the largest jackpot ever won in Louisiana was $97 million in January 2008.

In January, Powerball underwent several changes to produce bigger jackpots, better odds, and more millionaires.

The price of a ticket increased from $1 to $2, and the starting jackpot doubled from $20 million to $40 million.

The odds of winning the jackpot improved from 1 in 195.2 million to 1 in 175.2 million.

Powerball tickets must be purchased by 9 p.m. the night of the drawing.

Lottery ticket purchasers must be at least 21 years of age.

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