POWERBALL JACKPOT CLIMBS TO $245 MILLION

FOR IMMEDIATE RELEASE                                   

POWERBALL JACKPOT CLIMBS TO $245 MILLION

DENVER, Nov. 1, 2011– Nobody hit Saturday night’s multi-state Powerball jackpot, making tomorrow night’s Powerball drawing worth $245 million! The winning ticket will be worth an estimated $146.2 million in cash.The jackpot has been growing since Sept. 14, when a $25 million jackpot was hit. Saturday was the 13th consecutive drawing without a jackpot winner.

Here are some things you can do with $245 million:

  • With $245 million you could feed every person in California, Colorado, Pennsylvania and New Hampshire (56,321,839 people) a Thanksgiving feast with all the fixings (the average cost of Turkey with all the fixings was $4.35 per person in 2010 according to the American Farm Bureau).
  • With $245 million you could spend approximately $7.76 every second in the year 2012.

Powerball drawings are held on Wednesdays and Saturdays at 9 p.m. MST. Powerball has a starting jackpot of $20 million and other prizes ranging from $3 to $1 million. To play, consumers choose five numbers from 1 to 59 and one Powerball number from 1 to 39. Players that match the five numbers and the Powerball win the jackpot. Players can also opt to spend an extra $1 for a “Power Play” option that will multiply their non-jackpot prizes by 2, 3, 4 or 5 times. Players who match 5 of 5 with the Power Play option automatically win a cool $1 million.

Proceeds from the Colorado Lottery’s games – MatchPlay, Mega Millions, Cash 5, Scratch, Lotto and Powerball - stay in Colorado to improve the quality of life in the state. The Lottery has returned more than $2.3 billion to the state of Colorado since it was established. Through Great Outdoors Colorado, the Conservation Trust Fund and Colorado State Parks, the Lottery has provided funding for new trails, precious open space and wildlife protection. For more information, visit www.coloradolottery.com.

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November 1, 2011
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