Record Powerball Jackpot Increased to $700 Million

Powerball graphic
Powerball graphic

***UPDATED at 11:37 A.M. on Thursday, January 7th***

Columbia, SC (WJBF) – According to South Carolina Education Lottery officials, the jackpot for the next Powerball drawing, on Saturday, has now been increased to $700, with a cash payout of $428 million.

View the estimated graduated payment schedule below for a winner who chooses the 30 annuitized payments, instead of the lump sum payment, below:

Powerball estimated payment schedule graphic.
Powerball estimated payment schedule graphic.

***POSTED at 10:32 A.M. on Thursday, January 7th***

Columbia, SC (WJBF) – With no winner in Wednesday night’s Powerball drawing, Saturday’s draw just got a lot more interesting.

Someone stands to win an unprecedented $675 million and lay claim to the largest jackpot in U.S. history. That’s a $413 million cash payout for whoever can overcome odds of 1 in 293 million.

The South Carolina Education Lottery urges players to play smart by playing responsibly and to safeguard your prize by signing the back of your ticket.

“While it’s fun to imagine what it would be like to win a life changing jackpot, don’t forget what’s important,” said South Carolina Education Lottery executive director Paula Harper Bethea. “Buying one ticket is as good as buying 20. Play in moderation and certainly do not spend money you don’t have or need for more important uses.”

In Wednesday night’s drawing, more than 100,000 players in South Carolina won prizes from $4 up to $50,000.

One winning ticket worth $1 million was sold in Savannah, Georgia from Wednesday’s drawing. Sandfly Convenience #0001, located at 7362 Skidaway Road in Savannah, sold it.

Eight winning tickets worth $50,000 were sold in Conyers, Acworth, Lawrenceville, Warner Robins, College Park, McRae, Atlanta and Snellville. Another two lucky tickets worth $50,000 were sold in Marietta, Georgia.

Gallery: What could you buy if you win Powerball?

Ticket sales leading up to Saturday’s drawing are expected to be strong nationally, meaning the jackpot will likely escalate even larger as the drawing nears.

Saturday’s jackpot already shattered the record previously set by Mega Millions, when a $656 million jackpot captivated the nation in March of 2012. Powerball’s previous record was a $590 million jackpot won in May of 2013.

Tickets for Saturday’s $675 million jackpot are available at lottery retailers statewide.  Tickets cost $2, and in South Carolina must be purchased by 9:59 p.m. for Saturday’s 10:59 p.m. drawing. That drawing can be seen live on WJBF News Channel 6.

Good luck, and please play responsibly!

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