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Powerball Jackpot Is 4th Largest In U.S. History, Are You Feeling Lucky?

(Photo by Justin Sullivan/Getty Images)

It hasn’t even been 3 months since the woman in Florida claimed the largest payout in Powerball history, and we are already at the 4 largest purse for the lottery. What surprises me is that people don’t really care and don’t buy when it is $195 million, but, now that is is $400 million, people start buying. What, you can’t make it between paychecks with $200 million?

Wednesday’s jackpot is estimated at $400 million, so if you chose the cash option, you would take home $230.3 million before taxes. The odds of winning are 1 in 175.2 million. That means you have a better chance to win a Nobel Prize, than win the Powerball Prize.

Prices were raised to 2 bucks to help the prize grow faster. Here’s what happens to your money, $1 goes toward the prizes, while the other dollar helps whatever each state has allocated it for. Like Minnesota, the money is earmarked for natural resources.

According to Fox News, Powerball is played in 43 states, Washington, D.C., and the U.S. Virgin Islands. Each state that participates in the game decides how to use the money. Some states earmark the money for a specific purpose, such as education, while others use it in their general funds.

Good luck!! And remember your best friend Chris…..

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