Powerball jackpot tops record at $500 million

From staff reportsNovember 27, 2012 

— The North Carolina Education Lottery has reached it’s highest ever prize in the history of the lottery with the jackpot at $500 million if won on Wednesday, according to Van Denton, director of corporate communications for the N.C. Education Lottery.

Powerball officials issued the new estimate Tuesday, based on strong ticket sales as the jackpot climbed.

If taken as an annuity the jackpot would be an estimated $500 million and the lump sum would be $327 million.

The next highest Powerball was $365 million, won Feb. 18, 2006.

“Whoever wins this jackpot, it would truly be a life-changing event,” said Alice Garland, executive director of the N.C. Education Lottery, “but it would be great if it is a North Carolinian. We’ve seen five jackpot winners so far in our state. Powerball sales will certainly help us raise money for education, but it only takes one ticket to win so we hope our players will play responsibly.”

Garland also reminds players to check their tickets closely because there are a lot more prizes to win than the overall jackpot.

The Saturday drawing had 68,017 winning tickets in the state. Prizes ranged from $4 to $40,000 and totaled $527,442.

Powerball drawings are held on Wednesdays and Saturdays at 10:59 p.m. Powerball ticket sales stop at 9:59 p.m. on nights drawings are held.

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