Region-News-Team-White-Logo

Powerball Jackpot Tonight at 550 Million

Share this post

November 28, 2012

 Powerball® jackpot estimate raised AGAIN,
now $550 million

INDIANAPOLIS  -  Strong sales nationwide have prompted Multi-State Lottery Association (MUSL) officials to raise tonight's Powerball jackpot estimate yet again.  This time, from $500 million to $550 million. 

The cash option is an amazing $360.2 million.

Jackpot dreamers in Indiana have until 9:58 (Eastern) tonight to purchase their tickets and get their shot at the biggest Powerball jackpot ever.

$550 million is the second-largest lottery jackpot ever available in North America, surpassed only by a $656 million Mega Millions jackpot in March of this year.

Powerball players in Indiana are no strangers to giant jackpot wins. Hoosier Lottery retailers lead the nation in Powerball jackpot wins, having sold 38 jackpot winning tickets since the game started in 1992.

Powerball players in Indiana have also walked away with some of the game's bigger jackpots, including $314.5 million and $295 million jackpots both won in Richmond in 2007 and 1998.  In April 2011, two players in Clarksville snagged a $221.7 million jackpot. A $165 million Powerball jackpot was won in Lawrenceburg in 2009.

The Hoosier Lottery urges all players to play responsibly.

The mission of the Hoosier Lottery is to maximize net income for the state in a socially-responsible manner. In fiscal year 2012, the Hoosier Lottery generated $211 million in surplus revenue which was used to significantly reduce the motor vehicle excise tax for all Hoosier drivers and also supported the pension funds for retired Indiana teachers, police and firefighters. Player prizes for the fiscal year totaled $533 million and $60 million was earned by Indiana retailers on the sale of Hoosier Lottery products.

Since its inception in 1989, the Hoosier Lottery has produced more than $4 billion for the citizens of Indiana, $1 billion in commissions and bonuses for participating Indiana retailers, and has paid out more than $8.8 billion in player prizes.

hoosier lottery

 

 

 

 

 

 

 

 

###


Meet-The-Team-white

Laura-WXRD Scott-WXRD Brent-WXRD
LAURA WALUSZKO
Region News Team
SCOTT ROSENBERG
Region News Team
BRENT BROWN
Region News Team
Jay-WXRD Karl-WXRD Annie-WXRD
JAY STEVENS
Region News Team
KARL BERNER
Region News Team
ANNIE FOX
Region News Team

Recent-Newscast-white

Flash is not supported on this device. If you wish to listen to this audio, you must download and play an mp3 using an mp3 player on your device. CLICK HERE