New York's Powerball Jackpot Bumped to $320 Million for Wednesday

SCHENECTADY, NY (08/14/2012)(readMedia)-- The New York Lottery today announced the jackpot for Wednesday's Powerball drawing has been increased to $320,000,000. The $15,000,000 bump is due to brisk sales across all participating Powerball states.

The new jackpot marks the fourth largest Powerball jackpot in the game's 20-year history. The largest Powerball jackpot to date was $365,000,000, won in Nebraska in 2006.

If no one matches all five numbers plus the Powerball in tomorrow night's drawing, the jackpot will continue to grow.

About the New York Lottery

The New York Lottery continues to be North America's largest and most profitable Lottery, contributing nearly $2.9 billion in fiscal year 2011-2012 to help support education in New York State. The Lottery's contribution represents nearly 15 percent of total state education aid to local school districts.

New York Lottery revenue is distributed to local school districts by the same statutory formula used to distribute other state aid to education. It takes into account both a school district's size and its income level; larger, lower-income school districts receive proportionately larger shares of Lottery school funding.

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