Powerball jackpot boosted again to $550 million
BY Associated Press
Wednesday, November 28, 2012
DES MOINES, Iowa — The record Powerball jackpot just keeps rising. It now stands at $550 million after officials say brisk sales keep driving up the payout amount.
The jackpot was boosted to $500 million on Tuesday and raised again Wednesday morning to $550 million.
A winner taking the cash option would get $360.2 million before taxes.
The numbers are an estimate and could be increased again as the drawing nears.
Powerball officials say they now believe there is a 75 percent chance that the winning combination of numbers will be drawn Wednesday night.
Associated Images:

Pete Garay sells lottery tickets amongst other items at Leo's Drive In convenience store, Tuesday in Mission, Texas. JOEL MARTINEZ/AP Photo/The Monitor
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