Powerball Jackpot Tops $1 Billion

Salem, Ore. –  Oregonians have a chance to win the fourth largest Powerball jackpot in history with tonight’s drawing estimated at $1.04 billion.

A $50,000 winning Powerball ticket was purchased in Tillamook in Saturday’s drawing but no one claimed the top prize. Since the current jackpot run up began on July 22, Oregon has seen 439,688 winners and more than $4.7 million in total Powerball game winnings. This is the first time two consecutive jackpot runs have produced billion dollar jackpots in the Powerball game.

In this latest run, the Oregon Lottery has sold $18.49 million in tickets. Approximately a third of sales from the game will be returned to state beneficiaries to support economic development, education, veteran services, state parks and more.

Retailers who sell lottery tickets also earn commissions from the boost in ticket sales and bonus payments for lower tier wins. For instance, an Oregon retailer who sells a $1 million ticket would earn a $10,000 bonus.

Powerball is a multi-state jackpot operated by 44 states, plus the District of Columbia, the U.S. Virgin Islands and Puerto Rico. The largest prize won in Oregon was a $340 million jackpot in 2005.

The Oregon Lottery recommends that you always sign the back of your ticket to ensure you can claim your prize. In the event of winning a jackpot, players should consult with a trusted financial planner or similar professional to develop a plan for their winnings. Players have a year to claim their prize.

Since the Oregon Lottery began selling tickets on April 25, 1985, it has earned nearly $15.5 billion for economic development, public education, outdoor school, state parks, veteran services, and watershed enhancements. For more information on the Oregon Lottery visit www.oregonlottery.org.

Contact:
Melanie Mesaros
Oregon Lottery
971-719-0464
Melanie.Mesaros@lottery.oregon.gov