Powerball Makes Changes to Starting Jackpot Amount and Minimum Jackpot Roll Increases

Wisconsin Lottery sent this bulletin at 03/27/2020 03:05 PM CDT

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March 27, 2020
FOR IMMEDIATE RELEASE
Contact: WILotteryCommunications@wisconsin.gov


Powerball Makes Changes to Starting Jackpot Amount and Minimum Jackpot Roll Increases

MADISON, Wis. – Following the next Grand Prize win, Powerball’s starting jackpot will reset to a guaranteed $20 million (annuity) with minimum roll increases of $2 million between drawings. The Powerball Product Group announced the changes to ensure the game continues to support good causes in all 48 U.S. lottery jurisdictions.

“Powerball players in many U.S. lottery jurisdictions are under shelter-in-place orders or recommendations from their governors or mayors, which have affected normal consumer behaviors,” said Gregory Mineo, Powerball Product Group Chairman and Maine Lottery Director. “Just like other enterprises around the world that are making adjustments, we are making proactive changes to continue to offer the world’s premier lottery product.”

 

The Saturday, March 28 drawing is a guaranteed $160 million; $122.4 million cash value. If the jackpot is won in Saturday's drawing, the jackpot will reset to a guaranteed $20 million (annuity) for the Wednesday, April 1 drawing with minimum jackpot roll increases of $2 million between drawings.

 

Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Powerball drawings are Wednesday and Saturday at 9:59 p.m. Tickets must be purchased before 9 p.m. on Wednesday and Saturday to be included in that day’s drawing. The overall odds of winning a prize are 1 in 24.9 and the odds of winning the Powerball jackpot are 1 in 292,201,338.

 

Please visit wilottery.com/covid-19 for the most up-to-date Lottery information. Visit www.wisconsin.gov/covid19 for the most up-to-date information on COVID-19 in Wisconsin.

 

 

ABOUT THE WISCONSIN LOTTERY

The Wisconsin Lottery enriches communities statewide by giving back 93 percent of its revenue to winners, retailers, and Wisconsin homeowners. Of each dollar spent on the Wisconsin Lottery, 57 cents goes back to prizes, 30 cents to property tax credits, seven cents to operations, and six cents to retailers.

 

Since 1988, the Wisconsin Lottery has generated:

·      More than $15.3 Billion in total revenue

·      Over $8.7 Billion in prizes paid

·      More than $4.6 Billion in funding for property tax credits to eligible Wisconsin homeowners

 

For more information on the Wisconsin Lottery, visit wilottery.com. Follow the Wisconsin Lottery on Facebook (/wilottery), Instagram (@wilottery), Twitter (@wilottery), and YouTube (/wilottery).

#WINsconsin

 

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