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New York's Powerball Jackpot increases to $360 million for Saturday

by jmaloni


Thu, Feb 5th 2015 03:05 pm

The jackpot for Saturday's Powerball drawing is $360,000,000. The $35,300,000 jump from Wednesday's jackpot is due to brisk sales across all 44 participating Powerball states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Wednesday's Powerball jackpot was $324,700,000 and produced more than 124,000 winning tickets in New York. The largest was a $20,000,000 Power Play prize sold in Nassau County at a 7-Eleven in Island Park.

With Saturday's Powerball jackpot now at $360,000,000, New York will see even more winners across the state.

Lottery players are reminded to ask retailers for the Power Play feature where, for just an extra dollar, their prize can multiply by two, three, four or five times.

If no one matches all five numbers plus the Powerball in Saturday's drawing, the jackpot will continue to grow. Tickets for Saturday's Powerball drawing can be purchased until 9 p.m. EST.

Recently, New York had the sole winner of the largest Mega Millions jackpot ever claimed in New York Lottery history. Harold Diamond, 80, of Wurtsboro, Sullivan County, was the sole winner of a $326 million Mega Millions jackpot drawn Nov. 4.

The largest Powerball jackpot across all participating states to date was $590.5 million, won in Florida in May 2013.

The New York Lottery continues to be North America's largest and most profitable lottery, contributing $3.17 billion in fiscal year 2013-14 to help support education in New York. The lottery's contribution represents 15 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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