Powerball jackpot climbs to $550 million - News, Weather and Sports for Lincoln, NE; KLKNTV.com

Powerball jackpot climbs to $550 million

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Posted By:  KLKN Newsroom
8@klkntv.com

Due to high sales, the Multi-State Lottery Association has increased the estimated jackpot amount for the Wednesday, November 28 drawing to $550 million or $360.2 million with the cash option selected.

The Powerball jackpot starts at $40 million and continues to grow by at least $10 million each drawing until it is won. There have been 15 consecutive Powerball drawings since October 6 without a jackpot winner.

Nine jackpots ranging from $2.5 million to $365 million have been won in Nebraska since the Nebraska Lottery began offering Powerball in July of 1994. The previous record-high Powerball jackpot was in February 2006 when a group of eight coworkers at the ConAgra Foods ham and corned beef plant in Lincoln split a $365 million jackpot.

The Nebraska Lottery encourages customers to play within their means. "It's important for Nebraska Lottery players to remember that no matter how large the jackpot is, the odds of winning the Powerball jackpot are 1 in 175 million," said Nebraska Lottery Director Jim Haynes. "Your odds of winning remain the same, regardless of how many tickets are purchased or how many people play." If you or someone you know has a problem with compulsive gambling please call the Nebraska Compulsive Gambling Help Line toll free at 800-GAMBLER.

The mission of the Nebraska Lottery is to generate proceeds for good causes while providing quality entertainment options to Nebraskans. Over $458 million has been raised for the Nebraska Lottery's beneficiary funds since the Lottery began in 1993. All 93 counties in Nebraska have benefited from projects funded with these Nebraska Lottery proceeds.

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