Powerball winner could get $130 million - CBS 5 - KPHO

Powerball winner could get $130 million

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ATLANTA (AP) -

Georgia Lottery officials say the jackpot for Saturday's Powerball drawing has reached an estimated $130 million.

In a statement, Georgia Lottery spokeswoman Kimberly Starks says two players won $10,000 in Wednesday's drawing after buying tickets at a Circle K store in Martinez -- northwest of Augusta -- and a 7-Eleven on Tybee Island.

Georgia Lotto officials say the Powerball winner can choose between the $130 million jackpot being paid out over a 29-year period, or the cash option, which is about $83 million.

Proceeds from $2 Powerball ticket sales fund the HOPE Scholarship program and pre-kindergarten programs in the state.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed

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