New York's Powerball Jackpot is Now $550,000,000

SCHENECTADY, NY (11/28/2012)(readMedia)-- The jackpot for tonight's record-breaking Powerball drawing now stands at $550,000,000 (cash value $360,200,000). The new record high jackpot is a reflection of very strong sales being reported by all 44 participating Powerball Lottery jurisdictions. New York ticket sales for the Powerball game have been at or near $2,000,000 since noon today.

Tickets for tonight's drawing will be on sale through 9 p.m. EST. If no one matches all six numbers drawn tonight, the jackpot for Saturday's Powerball drawing will be at world-record levels.