A jackpot of $550 million was up for grabs to one lucky winner of the Powerball Lottery drawing.
ABC News reported that lottery officials expected to sell more than 105,000 tickets every minute before the drawing. Despite the long odds for the big jackpot, the overall odds of winning a prize are considerably better at 1 in 55. Since the last drawing on Nov. 24, the Powerball jackpot has grown by more than $100 million to a record $550 million. The estimated cash payout is $360.2 million. The last set of winning numbers was drawn on Oct. 16. What would you do with $550 million? Let us know in the comments.
Lottery ticket sales are expected to sell even faster in advance of Wednesday's $500 million Powerball Jackpot Lottery drawing.
The Illinois Lottery's Powerball jackpot is set to reach $500 million, and the tickets are selling at a "blistering" pace, according to the Chicago Tribune. About $200,000 in lottery tickets were sold in just one 30-minute period Tuesday, according to the Trib, and sales are expected to peak as the Powerball drawing draws closer. It's the largest jackpot in Powerball history. The winners would take home $327.4 million in a lump sum. No one has won the Powerball drawing in two months, and the jackpot continued to rise after strong sales, according to the Trib. Powerball is a national lottery including 42 states. - - - - - - - - - - - - - - - There are plenty of ways to keep up on Hinsdale-Clarendon Hills news: