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February 2, 2010

Powerball Jackpot Raised to $115 Million

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Due to strong sales, the Powerball jackpot for Wednesday night’s drawing has been increased from an estimated $107 million to an estimated $115 million, making it the largest available jackpot prize in America at this time.  The cash option is now worth approximately $56.4 million in one payment before taxes.

“With this week’s introduction of Powerball into 10 new state lotteries, player interest is stronger than ever,” said May Scheve Reardon, executive director for the Missouri Lottery.  “Increased interest equals increased sales, and that has turned into an increased jackpot prize leading into the Feb. 3 drawing.

 “It’s always exciting to watch our jackpots grow, but we want to also remind players to play responsibly and within their means,” she added.  “Whether the jackpot is $20 million or $115 million, it only takes $1 to win.”

Players have until 8:59 p.m. Wednesday to purchase Powerball tickets in Missouri.

Of the 43 lotteries that offer Powerball, Missouri is ranked second in terms of Powerball jackpot winners with 25. 

Two Missouri Lottery players have won a second-level Powerball prize of $200,000 or more during this run, which started on Jan. 2.  One of those winning tickets was worth $1 million since the players purchased the Power Play option – turning the $200,000 prize into $1 million for the Jan. 2 drawing.  That ticket was purchased at Gas Mart in Jennings and was claimed by Trecal Investments, LLC, in St. Louis.

For more information about Powerball and the Power Play option, go to Molottery.com.

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