The record Powerball jackpot just got bigger, climbing to $800 million as sales have soared in the days leading up to the drawing.
Gary Grief, executive director of the Texas Lottery, said officials with the Multi-State Lottery Association on Friday raised the estimated jackpot for Saturday night’s drawing from $700 million because of strong sales.
Grief said that Powerball sales on Thursday were double the previous record for that day and that it’s possible that the estimated jackpot could rise again before the drawing.
A winner would have the option of being paid $800 million through annual payments over 29 years or $496 million in cash.
Powerball is played in 44 states as well as the District of Columbia, U.S. Virgin Islands and Puerto Rico.