There have been some high lottery jackpots in the past, but we are reaching rarified air. It’s been awhile since someone won the Powerball, and the number keeps getting higher and higher. There’s a new record Powerball jackpot of $600 million waiting to be won, so make sure you pick up your tickets before tonight’s drawing. The previous Powerball high was $587.5 million in November 2012.
“If this hasn’t caught your attention, I’m not sure what would,” says Mary Neubauer of the Iowa Lottery, who runs the Powerball. ”Our billboards aren’t designed to display a billion. We’re not sure how we will display that amount, but we’ll cross that bridge when we come to it.”
The reason Ms. Neubauer dropped a mention of a billion dollars is that if the Powerball jackpot is not won, the prize money will continue to rise. Given the amount of people expected to play the numbers this week, that could boost the jackpot to a staggering 10 figures. No one has hit the powerball jackpot in two months, hence the epic prize money for the person who hits the lucky five numbers and Powerball. The odds of winning are 1 in 175 million.
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