Powerball jackpot hits $425 million - CBS46 News

Powerball jackpot hits $425 million

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Brisk sales have pushed the Powerball jackpot to $425 million, up from $400 million, for Wednesday's drawing.

The $425 million jackpot is the third largest jackpot in the game's history.

Powerball offers two jackpot payment options: the $425 million annuity prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $244 million before taxes.

Powerball has grown since June 26 and has rolled 12 times.

Tickets are $2 per play.

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