American Powerball changed their lottery rules this year, with the promise that there would be bigger jackpot prizes and these would be occurring more frequently. So far this year, there have been three instances of jackpot prizes won which are worth more than $300 million. This time around, it's a $425 million Powerball jackpot that is up for grabs.
This is only the second time that a United States lottery has broken the $400 million first prize benchmark. By draw time, it is expected to go even higher than $425 million and a lot of people will be betting on that as well as playing the lottery for a chance at historic payout. This figure is only an estimate and could very well be much higher with the expected influx of players trying their luck before the draw.
Starting with a $40 million prize, there has been no winner for the past 15 draws, creating this big multi-million dollar prize. With interest running high, it is not a remote possibility that by draw time the prize could reach $500 million or even $1 billion!
With an expected $425 million prize, the lump sum payout would be a huge 278.3 million. For after-tax cash and annuity prizes calculations, the USA Mega website has a state-by-state report showing how much the take home could be.
Don't be left behind! The Wednesday, November 28, 2012 American Powerball draw is sure to change some people's lives. Click Here to Order your American Powerball tickets right away!