A fortunate player could end up taking home $615 million in Saturday’s drawing – the 10th-largest Powerball prize ever
. The jackpot has a $310.6 million lump-sum cash value, according to a Powerball news release. Game leaders upped the ante Friday after increasing the possible winnings from an estimated $590 million. “The decision to raise the jackpot was the result of strong ticket sales and an increase in the interest rates used to fund the annuitized prize,” a spokesperson for the Multi-State Lottery Association told CNN in an email. There have been 33 consecutive drawings without a big winner.
The lucky winner of Saturday’s jackpot could choose between the annuitized $615 million prize over 30 years or to take the lump-sum payment. Both prizes are before taxes, according to lottery officials. No one matched all six drawn numbers – the white balls of 17, 24, 48, 62 and 68 along with the red Powerball of 23 – on Wednesday. However, three lucky players in Florida, Ohio and New York won $1 million prizes, according to officials.
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