News

Actions

Powerball Jackpot grows to estimated $400 million

Posted at 11:00 AM, Feb 17, 2014
and last updated 2014-02-17 11:00:06-05

More than 27,000 tickets in Virginia won prizes in Saturday’s Powerball drawing, according to lottery officials. But no one in Virginia or anywhere else matched all six numbers, so the jackpot for the Wednesday, February 19, Powerball drawing grows to an estimated $400 million.

Five Virginia tickets each won $10,000 in Saturday’s drawing. Those tickets were bought in Alexandria, Hampton, Manassas, Pennington Gap and Stafford.

Virginia Lottery officials expect to sell about 1.4 million Powerball tickets in the Commonwealth on Wednesday alone. If one ticket matches all six numbers, the winner will have a choice: either take the full $400 million jackpot in 30 annual payments or choose a one-time cash option of approximately $227.8 million before taxes.

In the past 12 months, Virginians have won ten $1 million Powerball prizes, a $2 million prize and a $217 million Powerball jackpot.

The profit from every Powerball ticket bought in Virginia, like all other Virginia Lottery tickets, goes to K-12 public education in the Commonwealth.

Powerball drawings are held at 10:59 p.m. Wednesdays and Saturdays. Powerball drawings are broadcast on TV stations across Virginia and live on http://www.valottery.com. For more information on Powerball, visit http://www.powerball.com.