Powerball jackpot boosted again to $550 million

Powerball jackpot boosted again to $550 million

Credit: First Person

The line to buy Powerball tickets at the Top Stop in Malad City, Idaho, stretches around the building. The store does a lot of business from Utah where there is no lottery.

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by Associated Press

KTVB.COM

Posted on November 28, 2012 at 11:53 AM

Updated Tuesday, Nov 5 at 3:50 PM

Poll:
If you won the $550 million Powerball jackpot, do you think it will change who you are?

DES MOINES, Iowa  -- The record Powerball jackpot just keeps rising. It now stands at $550 million after officials say brisk sales keep driving up the payout amount.

The jackpot was boosted to $500 million on Tuesday and raised again Wednesday morning to $550 million.

A winner taking the cash option would get $360.2 million before taxes.

The numbers are an estimate and could be increased again as the drawing nears.

Powerball officials say they now believe there is a 75 percent chance that the winning combination of numbers will be drawn Wednesday night.

Get KTVB’s ID Lotto app to get winning numbers, lottery news, rules of the games, and winners for all Idaho Lottery games on the go. Search KTVB in your favorite app store or click here for information on all our KTVB apps.

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