Big-money dreams on the line in record drawing Wednesday night.
Wednesday, November 28, 2012
A record sum of money could be for the taking Wednesday night, as the Powerball jackpot has reached $550 million. Those in New Jersey hoping to cash in have until 9:59 p.m. to snag a ticket, or two, or–well, you get the idea. The drawing will take place at 10:59 p.m. With no winner since Oct. 6 and an increase in the cost of tickets to $2, the value of the pot has skyrocketed. The jackpot, won by matching all five white balls in any order and the red Powerball, can be paid out as either an annuitized prize paid out over 29 years or a lump sum payment, according to the game's website. If the winner chooses the annuity, the annual payment will be increased each year by the percentage set out in the Powerball game rules. Of course, $550 …
Mega Millions jackpot over half a billion dollars.
Okay, logically we all know the odds of winning the lottery are microscopic, that doesn't stop us from dreaming. After two drawings with no winners, the Mega Millions jackpot is up to $540 million as of Friday morning. That's over half a billion dollars—already a record, and the drawing is still hours away. Mega Millions tickets are still available in Chatham at several locations, including the following: If you won, what would you do with all that money? This reporter would pay off her student loans and other debts, and those of her siblings—maybe even some readers'! Then Tell us your favorite place to buy lottery tickets in the comments, and share what you would do if you won this giant pile of cash. Would you take a swim in it a la …