NYS Gaming Commission
January 04, 2016
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Happy New Year Indeed: Powerball Jackpot Increases to $400 Million for Wednesday’s Drawing |
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The start of 2016 brings the possibility of untold riches as the jackpot for Wednesday’s Powerball drawing hits $400,000,000. The $44,200,000 jump from Saturday’s jackpot is due to brisk sales across all 44 participating Powerball states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
So what can one do with $400,000,000? To put it into context: the entire Panama Canal was constructed for approximately $375,000,000.
According to Forbes, the winner could purchase all of the following and still have more than a $150,000,000 left over:
If no one matches all five numbers plus the Powerball in Wednesday’s drawing, the jackpot will continue to grow. Tickets for Wednesday’s Powerball drawing can be purchased until 10:00 p.m. EST. There are over 17,500 convenient retail locations throughout New York State where players can purchase New York Lottery tickets.
About the New York Lottery The New York Lottery continues to be North America’s largest and most profitable Lottery, contributing $3.11 billion in fiscal year 2014-2015 to help support education in New York State. The Lottery’s contribution represents 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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