Powerball Jackpot increases from $650M to $700M for drawing Wedn - CBS46 News

Powerball Jackpot increases from $650M to $700M for drawing Wednesday

Posted: Updated:
Source: WGCL Source: WGCL

Georgia Lottery officials announced today that the Powerball estimated jackpot has been raised from $650 million to $700 million for Wednesday drawing as a result of rapid sales. 

The jackpot began rolling June 14 and has rolled 20 times. The Powerball offers two jackpot payment options: the $700 million jackpot prize paid over 29 years in 30 graduated payments, or the cash option, which is roughly $443 million. 

The last winning Jackpot ticket was on June 17, 2017 in California for $447.8 million. The next drawing date is Wednesday, August 23 at 11 p.m. 

Each Powerball ticket is $2 per play and like all other Lottery games, the proceeds benefit education in the state of Georgia. 

For more information on the Georgia Lottery Corp. and Powerball, please visit:
galottery and powerball.

Copyright 2017 WGCL-TV (Meredith Corporation). All rights reserved.

Connect with CBS46