Powerball Jackpot Tops $300 Million

DES MOINES, Iowa (November 23, 2012)--The jackpot for Saturday’s Powerball drawing has climbed to $325 million, making it the fourth largest in the game's history.

A single winner choosing a cash payout would get nearly $213 million before paying state and federal taxes.

Powerball jackpots have been growing faster since the game's organizers doubled the ticket price to $2 in January.

An Iowa couple won $202 million in a Sept. 26 drawing, and then an anonymous winner in Delaware got $50 million prize the next week.

The current jackpot has been building since then.

Powerball, which began in 1992, is played in 42 states, the District of Columbia, and the Virgin Islands.


KWTX-TV News 10 6700 American Plaza Waco, Texas 76712 (254) 776-1330 Fax (254) 751-1088
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 180610621