Wednesday night, a winner wasn’t chosen for the Powerball lottery and the $260 million jackpot will rise to at least $320 million for Saturday night’s drawing, according to ABC News; this is the twelfth consecutive drawing without a winner. The cash option for Saturday night’s drawing is estimated at $198.3 million.
Three tickets had winning numbers for the first five numbers and they will win $1 million each; the tickets were sold in Florida, Kentucky and Ohio.
Powerball lottery officials changed the way that the lottery is run, and as a result this is the third drawing in the last year that has exceeded $250 million.
In November, two winners shared the second largest lottery jackpot ever. Matthew Good from Fountain Hills, AZ and Mark and Cindy Hill from Dearborn, MO split the jackpot of $587.5 million. Good recently came forward to claim his winnings. See the video to the left for more information about Matthew Good. On the last day of ticket sales, a record 100,000 tickets were being sold every minute during that lottery.
In January, ticket prices double from $1 to $2 and this also helps to make the jackpots even larger.
Wednesday, Multi-State Lottery Association President Jim Haynes said:
We redesigned the game and with more money going into the game, the jackpot prize pool has doubled so more people are playing because the jackpot is growing higher.
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Sources: ABC News
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