Powerball Jackpot Estimated to hit $320 Million Tonight

One person in America could be $320 million richer Wednesday night.

That’s when the http://www.powerball.com/powerball/pb_map.aspdrawing will be held in 42 states as well as the District of Columbia and the Virgin Islands, with a jackpot worth an estimated $320 million.

http://newyork.cbslocal.com/2012/08/15/powerball-jackpot-soars-to-320-million/ notes no one has won the top prize since June. This current jackpot is reported to be the fourth biggest in Powerball’s 20-year history. In order to win the game, the five white balls and the red Powerball drawn has to match. the odds of winning the entire jackpot is 1 in 175 million, according to the Powerball Web site.

This past April, 81-year-old Louise White of Newport, Rhode Island http://www.cbsnews.com/8301-201_162-57391513/81-year-old-woman-claims-$336.4m-powerball-prize. And in June, workers from Quaker Oats http://www.cbsnews.com/8301-201_162-57457232/iowa-quaker-oats-workers-claim-$241m-powerball-jackpot/?tag=mncol;lst;1.

http://www.cbsnews.com/video/watch/?id=7418232n&tag=mncol;lst;1

What do some Powerball players hope to do with their winnings if they hit the jackpot?

“I’d hire a chauffeur to drive me around so I don’t have to walk,” said Henry Lewandowski, of Clifton, N.J.

“I’d buy a house and pay my daughter’s college off,” said another person from the Tri-State area.

In Philadelphia, newsstand owner Steve Ricchini bought some tickets for himself and said he would retire if he won.

“What would I do? I would not be up at 4 o’clock in the morning, I can tell you that. Unless I was still awake from the previous night,” he said, as reported by http://philadelphia.cbslocal.com/2012/08/15/powerball-players-dreaming-of-320m-jackpot/. He gets also gets a bonus if the winning ticket is purchased from his newsstand.

 

Meanwhile, http://chicago.cbslocal.com/2012/08/15/online-lottery-sales-falling-short-as-big-powerball-drawing-approaches/ reported that while sales via lottery machines in Illinois have been brisk, online sales have not met expectations.

“We still do $60-70,000 a week in sales over the Internet but, our research suggested that between 600,000 and a million people would begin playing the lottery when the prize was $100 million or more,” said Michael Jones, director of the Illinois Lottery.

Although http://www.cbsnews.com/8301-201_162-57351767/powerball-ticket-prices-jackpots-odds-to-rise, Minnesota State Lottery’s John Mellen thinks the increase is beneficial for the lotteries and the players.

“Because the jackpot now starts and $40 million but it grows faster and it grows bigger,” Mellein said, as reported byhttp://minnesota.cbslocal.com/2012/08/15/powerball-jackpot-estimated-at-320-million/. “And that’s what players have said they wanted in this game.”

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