Powerball Jackpot Reaches $240 Million

By: Jim Siedlecki Email
By: Jim Siedlecki Email

After 13 consecutive Powerball drawings without a jackpot winner the top prize has inflated to $240 Million. Nebraska Lottery officials have also posted how much the cash option would be if selected.

Before taxes, the cash option is $159.7 Million marking the 14th largest jackpot in Powerball history.

Nine 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 highest recorded Powerball jackpot was 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.

Because of the high Powerball jackpot, the Nebraska Lottery encourages customers to play within their means. “It’s important for Nebraska Lottery players to remember that no matter how large the jackpot is, the odds of winning the Powerball jackpot are 1 in 175 million,” said Nebraska Lottery Director Jim Haynes. “Your odds of winning remain the same, regardless of how many tickets are purchased or how many people play.”

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