Record Breaking $425M Powerball Jackpot Is Set To Grow Even Bigger

Did you buy your tickets yet??

According to USA Today:

An already record $425 million Powerball drawing could get even bigger before Wednesday night’s drawing. Based on soaring sales, lottery officials are contemplating a boost in the Powerball jackpot, which has jumped $100 million from Saturday’s drawing. A decision is expected Tuesday, says Chuck Strutt, director of the Multi-State Lottery Association.

“Sunday sales were phenomenal,” Strutt says. “We want to look at sales at the end of midnight Monday and then make a decision.” MUSL bases jackpot numbers on sales, estimated sales and payouts. When jackpots jump to nine-digit levels, it typically sets off frenzied ticket buying and rising jackpots. How much could Wednesday’s jackpot jump? “When you get to these levels, our ability to predict goes out the window,” Strutt says.

To be sure, the odds of pulling the six winning numbers are slim: one in 175 million. But sales in many of the 42 states, the District of Columbia and the U.S. Virgin Islands are up sharply. Even if Wednesday’s Powerball winnings are raised, it won’t come close to the $656 million MegaMillions jackpot paid out in April. That jackpot rolled over — and got substantially bigger — several times before the numbers were picked on three tickets.

“I’d be surprised if this Powerball jackpot were to roll over again,” says Buddy Roogow, director of D.C.’s Lottery. “Most of the (number) combinations will have been played.”

As long as you keep buying the tickets, the bigger the payoff!