Powerball Jackpot Hits $300 Million

The Powerball jackpot is estimated at $300 million and Hoosiers are heading to retailers to pick up some tickets in the hope of being set for life with a few winning numbers. Next week, the Hoosier Lottery is offering a new chance to win for people who buy two or more Powerball plays on a single ticket, as they will receive a free Quick Draw play with the chance to win up to $300,000 in the nightly draw.

Since the Hoosier Lottery’s inception in 1989 through the end of April this year, the Hoosier Lottery has paid $9.2 billion in prizes, $4.3 billion in transfers to the state, $3 billion to the Build Indiana Fund, and $1 billion to retailer commissions and bonuses. On top of that, the Teachers’ Retirement Fund has received $705.1 million, while the Police Officers’ and Firefighters’ Pension and Disabilities Funds have received $517.2 million.

Of the 44 jurisdictions that sell Powerball, Indiana has sold more winning jackpot tickets than any other jurisdiction and, overall, an estimated 35,000 winning tickets are sold in Indiana each week.