Powerball jackpot, already at a record level, could reach $1 billion
  • 8 years ago
The Powerball lottery has jumped to $700 million.
By midday Thursday, lottery officials said the new high came as sales of tickets continue to skyrocket.
The new jackpot translates into a $428.4 million cash value for a potential winner or winners.
And lottery officials in Maryland said the jackpot could easily grow more in the coming days before Saturday's drawing at 11 p.m.

"This is just one of those rare times when everybody is talking about the Powerball jackpot," said Gordon Medenica, director of the Maryland Lottery agency.
Ticket sales across the country were up, and in Maryland, officials reported selling $6 million worth of tickets on Wednesday.
Carole Everett, a spokeswoman for the Maryland Lottery division on Thursday, said there is no limit on how many times the jackpot can roll over.
Sales of lottery tickets have been jet fueled over the past week as dreamers take a shot at the jackpot.