Powerball jackpot grows to $425 Million - FOX 8 WVUE New Orleans News, Weather, Sports

Powerball jackpot grows to $425 Million

Updated:

Des Moines, Iowa - Powerball fever has caused the jackpot to grow in anticipation of Wednesday night's drawing. Due to the high number of people snapping up tickets, the jackpot is now estimated at $425 Million. The cash value is estimated at $244.7 Million.

The jackpot hit $400 Million over the weekend, after the pot rolled over from no winners on Saturday night. 

The midweek jackpot remains below the record $590.5 million jackpot won in May by an 84-year-old Florida woman. But as it stands, it would be the third-largest Powerball jackpot ever and the fourth-largest lottery prize on record.

Saturday's winning numbers were 21, 24, 36, 42 and 45; the Powerball was 15.

The changes Powerball organizers made to the game last year are coming to roost in the billowing jackpots, with Wednesday's pushing into record territory less than three months after Gloria C. Mackenzie of Zephyrhills, Fla., claimed the biggest Powerball prize ever.

Powerball tickets doubled in price to $2 in January 2012 as part of a plan to help jackpots grow bigger, faster. And when the jackpots reach astronomical levels, ticket sales take off, with jackpots following close behind.

No matter how many people play the game, the odds of matching all six numbers remains 1 in 175.2 million.

Half of the $2 cost of a Powerball ticket goes toward the prizes, the rest to the state lottery organization.

Powerball is played in 43 states, Washington, D.C., and the U.S. Virgin Islands.

As always, you can catch the winning numbers live on Fox 8.

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