ATLANTA - Georgia Lottery officials announced on Friday the Powerball estimated jackpot has increased from $510 million to $535 million for Saturday’s drawing.
The jackpot began rolling June 14 and has rolled 19 times.
Powerball offers two jackpot payment options: the $535 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $340 million.
Powerball tickets are $2 per play.
Proceeds from Powerball will benefit education in the state. Since its first year, the Georgia Lottery Corp. has returned more than $18.7 billion to the state.
All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship and pre-K program.
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