Powerball Jackpot Boosted Again to $550M
November 28th, 2012
DES MOINES, Iowa (WGGB/AP) — 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.
You can watch the Powerball drawing LIVE tonight on ABC40 News Eleven@11:00.
Of which 75% will go to the Government.
If i win i will give some money to Obamas brother to help him out.