Record High Cash: Powerball Jackpot Climbs to $700 Million for Saturday Night’s Drawing

Michigan Lottery players have a chance to win the largest lottery jackpot in U.S. history Saturday night. Surging player purchases have boosted the Powerball jackpot by $25 million to a record $700 million. The cash option for the jackpot is $428.4 million.

The previous record for a U.S. lottery jackpot was $656 million. That Mega Millions jackpot was won on March 30, 2012, and split between three winning tickets (Kansas, Illinois, and Maryland).

The former record Powerball jackpot was $590.5 million, won on May 18, 2013, by Gloria C. Mackenzie, of Zephyrhills, Fla. Powerball ticket sales began April 19, 1992. Michigan began selling Powerball tickets on Jan. 31, 2010.

Powerball was a lucrative game for Michigan Lottery players in 2015. In September, Julie Leach, of Three Rivers, won the game’s $310.5 million jackpot. In addition to Leach’s jackpot, four players won the game’s $1 million prize.

The largest Powerball jackpot ever won in Michigan was won on Aug. 15, 2012, by Donald Lawson, of Lapeer. Lawson won a $337 million Powerball jackpot that holds the record for the largest Lottery prize ever won in Michigan.

Players have plenty of time to purchase tickets for Saturday night’s drawing. Lottery retailers throughout the state are selling Powerball tickets for the drawing until 9:45 p.m. on Saturday.

Powerball plays may be purchased for $2 each at Lottery retailers across the state. A “Power Play” option that multiplies non-jackpot prizes by up to five times may be added to any Powerball play for only $1.

The Powerball drawing takes place at 10:59 p.m. and may be watched live online at: http://www.powerballlive.com/powerball. Powerball tickets are sold in 44 states, Washington D.C., U.S. Virgin Islands, and Puerto Rico.

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