Powerball jackpot rises to $150 million for Saturday night's drawing

What would you do with the $150 million Powerball jackpot if you match all of the winning numbers in the drawing scheduled for Saturday, March 9, 2013?

The Powerball lottery results for the drawing on Wednesday, March 6 produced no winners, so the jackpot is now $150 million. That's a lump sum payout of $95.2 million before taxes. While it's not the biggest jackpot in lottery history, it's not a bad return on a $2 investment.

The winning numbers drawn on March 6 were 6, 10, 23, 41, 45 and the Powerball was 1. Although no one matched all of the numbers to win the jackpot, there were eight tickets sold that matched all five numbers, making ticket holders in AZ, IL, MN, NJ, NC, NM, PA, and WV instant millionaires on Wednesday night.

When a lottery jackpot starts to rise, it prompts lost of questions from those who don't play often.

How much money will I get if I win the $150 million Powerball jackpot on Wednesday? Right now with the jackpot at $150 million, a single ticket winner will get the winner would have the choice of receiving the full jackpot paid out over 29 years (30 payments) or a lump sum payment of approximately $95.2 million before taxes. (This number could increase if the jackpot continues to grow before Saturday's drawing.)

What numbers should I play? It's impossible to predict what numbers will be drawn, so just pick five different numbers from 1 to 59 and one number for the Powerball between 1 and 35. You can also let the computer pick for you and a "Quick Pick" number will be generated from the machine.

What is the latest time I can buy a ticket on Saturday? You can buy a Powerball ticket at your local lottery retailer until 9:50 p.m. on March 9.

How much does a ticket cost? Powerball tickets are $2 each. Increase the amount of the non-jackpot prizes by paying an extra dollar to use the PowerPlay feature.

Where can I buy a Powerball ticket? You can play at lottery retails including convenience stores, liquor stores, and supermarkets in 42 States, Washington D.C. and the US Virgin Islands.

What time is the drawing on Saturday night? The $150 million Powerball drawing will be held at 10:59 p.m. ET on Saturday, March 9, 2013.

The Sweepstakes Examiner will publish the lottery results immediately after the drawing on Wednesday.

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Cheryl Phillips is a social media and news junkie. In true Gemini style, she enjoys learning and writing about all things trendy including social media, celebrity gossip, sports and current news topics.

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