Over 67,000 Powerball Tickets in Virginia Win Prizes up to $200
Despite the staggering $1 billion Powerball jackpot going unclaimed in the latest drawing, thousands of Virginians walked away with prizes ranging from $4 to $200. In the drawing held on Saturday, September 30, over 67,000 Powerball tickets sold in Virginia emerged as winners.
While the jackpot continues to grow, the Virginia Lottery spokesperson revealed that the profits from Powerball ticket sales in the state have generated an impressive estimated $17.2 million for K-12 public education. This comes as a significant contribution considering that in Fiscal Year 2023, the Virginia Lottery raised over $867 million for K-12 education, accounting for 10% of the total budget allocated to the state’s schools.
Powerball players across the Commonwealth have had their fair share of success this year, with numerous big prizes won. However, the high-stakes prize is yet to be claimed. In the upcoming drawing, if a lucky player matches all six numbers, they will have the option of receiving an astonishing $1.04 billion in annual payments over 30 years (pre-tax), or they could opt for a one-time cash payment of approximately $478 million (pre-tax).
Winning the Powerball jackpot is no easy feat, considering the odds stand at an astounding 1 in 292,201,338. Nevertheless, the chances of winning any Powerball prize, starting from $4, are 1 in 25.
While luck may not be on everyone’s side when it comes to winning the Powerball jackpot, the excitement and hope that come with each drawing continue to captivate players across the nation. As the jackpot continues to grow and accumulate, many are eagerly anticipating the possibility of striking it rich. The revenue generated from ticket sales not only fuels this thrilling opportunity but also contributes to the education system, benefiting Virginia’s K-12 students.