Powerball Jackpot Grows to $425M
There were no jackpot winners on Saturday, which means the pot rolls to tonight’s scheduled drawing.
Every time it rolls over, it expands by a minimum of $10 million. And even though no one has hit the jackpot, this particular game has dolled out some smaller prizes.
The $425 million jackpot would fetch a single winner a lump-sum payment after taxes of about $244.7 million.
They also have the option of receiving the jackpot in annuity payments, which no one has selected in the last several years.
The record Powerball jackpot was $590.5 million, won in May by an octogenarian of modest means in Florida. The second-largest jackpot of $587 million was split by two players — one from Arizona and one from Missouri — in November 2012.
In order to win the jackpot, the winner has to draw six numbers that match all six numbers randomly selected by the lottery system.
By CNN’s Aaron Smith