Weather Alert Monday: Snow During Morning Commute | Forecast |

Powerball Jackpot Soars To $550 Million After No Winner Drawn

By Barbara Rodriguez, Associated Press

DES MOINES, Iowa (AP) — The Powerball jackpot has jumped to $550 million, a major climb less than a day after the latest drawing produced no winning ticket.

The announcement Thursday by the Multi-State Lottery Association means ticket sales have soared as the frenzy grows for a chance to win the big prize.

Mary Neubauer, spokeswoman for the Iowa Lottery, says the latest jackpot number has the potential to break the record for largest jump between drawings. That still belongs to a Powerball jackpot in November 2012, when the jackpot jumped $260 million to reach the all-time Powerball jackpot record of $587.5 million.

The latest jackpot has climbed nearly $200 million since Wednesday’s drawing, which was an estimated $360 million.

The new jackpot has a $350.1 million cash option. The next drawing is scheduled for Saturday.

Copyright 2013 The Associated Press.

Comments

One Comment

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Boston

Download Our App
Download Weather App

Listen Live