A string of drawings without a jackpot winner have grown the estimated Powerball jackpot to $495 million for the Saturday drawing. Because of the high jackpot, the Nebraska Lottery reminds customers to play responsibly.
The Powerball jackpot starts at $40 million and continues to grow by at least $10 million each drawing until it is won. There have been 22 consecutive Powerball drawings since December 29 without a jackpot winner. This run has grown the estimated jackpot for the Saturday, March 16 drawing to $495 million or $300.2 million with the cash option selected. This is the 8th largest Powerball jackpot in the history of the game.
While no jackpot-winning tickets have been sold yet in 2019, the current jackpot run has produced other Powerball winners in Nebraska. In the March 6 drawing, a $1,000,000 winning ticket was sold at Hy-Vee Gas, 828 E 23rd Street in Fremont. A $50,000 winning ticket was sold at Hy-Vee, 120 East Norfolk Avenue in Norfolk for the March 2 drawing, and a $150,000 Powerball with Power Play winning ticket was sold at the Cubby’s in Waverly for the January 19 drawing.
Ten jackpots ranging from $2.5 million to $365 million have been won in Nebraska since the Nebraska Lottery began offering Powerball in July of 1994. The largest Powerball jackpot won in Nebraska occurred in February 2006 when a group of eight coworkers at the ConAgra Foods ham and corned beef plant in Lincoln split a $365 million jackpot.
Powerball jackpot winners have two options for collecting their payment: 30 annuity payments or one cash payment at present value. The annuity option provides annual payments that increase each year. The present cash value is less than the advertised jackpot, which is based on the 29-year annuity option. Winning Powerball numbers are announced every Wednesday and Saturday at 9:59 p.m. Central Time and posted at the Nebraska Lottery website, nelottery.com.