Tags: powerball | jackpot

Powerball Jackpot Now $284 Million, Biggest Since August

Tuesday, 11 Feb 2014 08:32 AM

By Michael Mullins

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The Powerball jackpot is now $284 million, the biggest since August when a $448 million jackpot was shared between three winners. The next drawing is Wednesday.

Having been accruing since last year, the last Powerball jackpot winner was Kevin Carlson, a 49-year-old from Kansas City who won $71.5 million on Christmas Day. Carlson, a mechanic who purchased the winning ticket with his morning coffee, opted for the cash payout with his wife, which amounted to just under $40 million.

Though there were no jackpot winners, eight individuals won $1 million prizes in Saturday night's drawing, the numbers for which were 24, 25, 34, 37, and 54, with a Powerball number of 29. The next Powerball drawing will be Wednesday night.

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In 2013 alone, Powerball awarded $2.8 billion to some 18 winners.

Though the majority of the winners in 2013 were identified, two individuals, one in South Carolina who in September won just under $400 million, and another in Delaware who in May won $50 million were allowed to remain anonymous due to state laws.

August's $448 million jackpot was shared between three winners: Paul White of Minnesota, Mario Scarnici of New Jersey, and group of 16 Ocean County employees who purchased the winning ticket as a group.

In comparison, Mega Millions' jackpot is $122 million.

Mega Millions has seen its jackpots increase significantly since the fall, after the lottery increased its number pool from one through 56 to one through 75 on Oct. 19. As a result, the odds of winning a Mega Millions jackpot with a single ticket increased from 1 in 176 million to 1 in 259 million.

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In comparison, Powerball, which costs $2 per ticket and has one through 59 balls, gives the player a one in 175 million chance of winning the jackpot.

Despite the increase in numbers, Powerball had the largest jackpot in 2013, when 84-year-old Gloria Mackenzie of Zephyrhills, Fla., purchased a ticket worth $590 million. The octogenarian elected to receive her winnings in one lump sum, worth a pre-tax $370.8 million.

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