Communications January 03, 2018
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Powerball Jackpot Grows to $460 Million |
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The estimated, annuitized jackpot for tonight’s Powerball drawing is now $460 million, with a cash value of $291 million. To date, New York has sold six jackpot-winning Powerball tickets. New York’s winners include: The Powerball drawing takes place every Wednesday and Saturday evening at 10:59 p.m. Tickets may be purchased up until 10 p.m. on the night of the drawing. About the New York Lottery The New York Lottery continues to be North America’s largest and most profitable Lottery, contributing $3.27 billion in fiscal year 2016-2017 to help support education in New York State. The Lottery’s contribution represents approximately 14 percent of total state education aid to local school districts.
New York Lottery revenue is distributed to local school districts by the same statutory formula used to distribute other state aid to education. It takes into account both a school district’s size and its income level; larger, lower-income school districts receive proportionately larger shares of Lottery school funding.
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