Powerball Jackpot Boosted To $550 Million


Adelle Platon | November 28, 2012 - 7:45 pm

Attention! The new Powerball Jackpot was boosted to $550 million.

After the lottery ticket was racked up to $425 million yesterday, it seems the stakes keep getting higher. According to the Associated Press, officials say they jacked up the jackpot after brisk sales drove up the payout amlount.

The lucky winner who opts for the cash can bank $360.2 million before taxes. Powerball officials say there is a 75 percent chance that the winning combination of numbers will be drawn Wednesday night.