Powerball to Set a Record Breaking $425 Million Jackpot for Wednesday Drawing

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Powerball Winning Numbers

There are very few situations in life where the odds of it actually happening to you are slim and very slim. You have a 1/ million chance of getting hit by lighting,  a 1/11 million chance of being involved in a plane crash, and when it comes down to the possibility of a person winning the lottery, the odds rise up to a discouraging 1/175 million.

Even though the odds may be stacked against you for your chance at living the dream of winning the lottery, it still does not slow down people to at least get a shot at possibly being a millionaire. No-one won the latest Powerball drawing last Saturday (11/24/12) which was set at a cool $325 million, so as a result the prize money has now been pushed to a new record high of $425 million for the Wednesday, November 28, 2012 drawing.

With no one matching all the right numbers it has prompted millions of people around the nation to head to their local gas station, super markets, and other shops for a chance at winning a new historic power ball lottery.

Powerball Numbers

The previous biggest powerball winning was back in 2006 when eight employees at a Nebraska Meat packing plant claimed the $365 million power ball. Ticket sales were said to have skyrocketed before the then new Powerball record, and now ticket sales are once again, expected to make a major jump before the Wednesday Powerball drawing.

“Sales for Wednesday’s Powerball drawing will be crazy, anytime it’s a record payout, we will start seeing lines at a customer service or self-service ticket terminals,” Chuck Baumann, a spokesman for the Oregon Lottery said.

“Americans’ rush to buy tickets is no surprise, because such a large jackpot causes a lot of excitement,” Ed Van Petten, executive director of the Minnesota State Lottery said.

Petten mentioned that he expects that at least 2 million Minnesota residents to purchase Powerball tickets, which will result in a boost of $4 million from ticket sales only. Louisiana is expected to have a $2.1 million rise from Powerball ticket sales, and in New York ever since the path to $425 million started back on Oct. 6 lottery ticket sales brought in over $75 million according to USA Today.

There may even be a chance that with so many people expected to buy the $2 Powerball tickets that the already record high of $425 million could be even higher come Wednesday.

“The jackpot for Wednesday’s drawing could go even higher than the estimated $425 million because sales pick up in the days before record drawings, We’ll watch sales to see if an adjustment upwards needs to be made, the cash payout would be a record $278.3 million,” Iowa Lottery spokeswoman Mary Neubauer said.

The $425 is not only the biggest in Powerball history, it is also the second biggest amount for any lottery(In March, three winning tickets shared the largest U.S. lottery jackpot, the $656 million Mega Millions drawing)

Close to $3 million dollars after taxes is still a lot of money to me at least, I don’t consider myself to be lucky but I’m still going to buy a ticket, will you?

In March, three winning tickets shared the largest U.S. lottery jackpot, the $656 million Mega Millions drawing.

Powerball Record $425 Million

The Powerball jackpot has grown to $425 million, the largest in the lottery’s history, after no tickets matched the winning numbers in a drawing Saturday night.

The Powerball numbers for Saturday were 22-32-37-44-50, and the Powerball was 34.

Iowa Lottery spokeswoman Mary Neubauer said the jackpot could get even bigger before Wednesday, because sales tend to increase in the run-up to a big drawing.

The previous top windfall was $365 million. The jackpot was claimed by eight co-workers in Lincoln, Neb., in 2006.

Powerball Jackpot Grows to $325 Million

Approaches New Record Payout.

Mega Millions winner

In Kansas, one of the big winners of the record $656 million Mega Millions jackpot has come forward – anonymously.

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