The Powerball jackpot continues to climb as Monday’s jackpot reaches $747 million, the fifth largest in Powerball history.
A winner on Monday could claim the jackpot as a $747 million annuity, or $403.1 million in cash.
If a winner chooses the annuity, the prize would be paid out in graduated payments over 29 years. The first payment would be $11.2 million and the 30th and final payment would be $46.2 million.
“What a fun choice that would be for a winner to decide between a $747 million annuity or a lump sum over $400 million,” said Mark Michalko, executive director of the N.C. Education Lottery. “If you win tonight, take some time to think about which would be the best option for you. Good luck to everybody.”
While North Carolinians keep going for the jackpot, players continue to win lots of other prizes. Check out these big wins from Saturday’s Powerball drawing:
• $100,000 winning ticket from Greensboro
• $50,000 winning ticket from Winston-Salem
• $50,000 winning ticket from Wake Forest
All three winning tickets came from players using Online Play.
Players can buy Powerball tickets at any lottery retail location or through Online Play on the lottery’s website, www.nclottery.com. The odds of winning the Powerball jackpot are 1 in 292 million.
Ticket sales from draw games make it possible for the lottery to raise $2.5 million a day on average for education. For details on how lottery funds have made a difference in all of North Carolina’s 100 counties, click on the “Impact” section of the lottery’s website.