Powerball jackpot reaches $425 million - CBS 5 - KPHO

Powerball jackpot reaches $425 million

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PHOENIX (AP) -

The jackpot for Wednesday night's multi-state "Powerball" lottery game has reached $425 million.

It's the third-largest jackpot in the history of the Powerball, which is played in 43 states including Arizona plus Washington, D.C., and the U.S. Virgin Islands.

The jackpot translates to nearly $245 million for the winner who chooses a cash option.

The two largest Powerball jackpots have occurred within the past year.

On May 18, the jackpot grew to a record $590 million.

The next highest was reached on Nov. 28, 2012, when a man in Fountain Hills, Ariz., split the $587 million jackpot with another winner from Missouri.

Lottery officials say the chances of matching all five numbers and the Powerball number to win the jackpot is about 1 in 175 million.

Copyright 2013 Associated Press. All rights reserved.

 

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