Skip to main content

Powerball soars to record $425 million

  • Author:
  • Updated:
    Original:

The jackpot for Wednesday's Powerball drawing has bounced to a record $425 million, with a cash payout of $278 million after taxes.

That jackpot is expected to go higher than $425 million because ticket sales usually leap on the day of big drawings, WCCO reports.

Sure, that's a lot of money. But it's a tiny fraction of what the real Powerball winners are collecting – the states, including Minnesota, the Los Angeles Times reports.

In the 2011-2012 fiscal year, state lottery commissions – 33 of which run Powerball – saw a historic year of revenue from ticket sales, the Times reports. State lotteries report making $60.8 billion in the last fiscal year, according to the North American Association of State and Provincial Lotteries.

Tickets are $2 each. Odds of winning are about 1 in 175 million.

Next Up

Screen Shot 2022-08-13 at 1.26.13 PM

Workers at Minneapolis Trader Joe's become 2nd in nation to unionize

The vote was certified by the National Labor Relations Board Friday.

ATV, all-terrain vehicle

Driver killed in ATV crash in Brooklyn Park

The crash occurred in Monroe Park Friday night.

ambulance

Woman killed by suspected drunk-driver in St. Louis County

The crash occurred on Highway 21 in Embarrass Township Friday night.

Jaelyn Campbell

11-year-old girl missing from Mille Lacs County

Jaelyn Campbell was last seen in Onamia.

Screen Shot 2022-08-12 at 1.58.08 PM

2 ejected, 1 killed in crash that closed southbound I-35

The State Patrol says neither were wearing seat belts.

best buy

Best Buy makes job cuts weeks after warning of soft sales

The Richfield retailer has been dealing with a shift in consumer trends.

Screen Shot 2022-08-12 at 10.26.20 PM

Man makes 'vague comments' about Jewish people, smashes own car with club

It happened at a course that was founded as a Jewish country club 100 years ago.

Screen Shot 2022-08-12 at 9.59.07 PM

4 abandoned puppies found in a bucket in Willmar

The puppies were in good health when they were discovered.

Minneapolis police

Suspect of home invasion, murder in Minneapolis arrested in Wisconsin

There have been 57 deaths reported as homicides in Minneapolis this year.

Carson McCoy

Charges: Man stole handgun from house, fired at motorcyclists from car

A chaotic scene that led to a police chase unfolded after an alleged burglary in Ham Lake.

Mounds view 7 - crime scene

BCA's Uniform Crime Report shows violent crime in MN spiked in 2021

The report details violent crime trends in the seven-county metro and Greater Minnesota.

Screen Shot 2022-08-12 at 4.49.22 PM

Search for vulnerable man, 66, missing from Brooklyn Park

Alex Ramirez was last seen in the early hours of Thursday morning.

Related