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Valles Caldera

Powerball® Jackpot Reaches Record $425 Million

11/26/2012

ALBUQUERQUE – The Powerball jackpot for Wednesday''s drawing is a record $425 million.

According to the New Mexico Lottery, the jackpot run up began Oct. 6 at $40 million. It has reached $425 million through 15 consecutive drawings.

Players have until 8 p.m. MT Wednesday to buy tickets for the current drawing. The drawing takes place Wednesday at 8:58 p.m. MT.

In addition to the jackpot, Powerball offers eight prize levels ranging between $4 and $1 million. The game''s Power Play option multiples non-jackpot prizes and doubles the $1 million prize to $2 million automatically. Power Play costs an additional $1 per play per drawing.

This is the third time the Powerball game has reached record heights since the ticket price increased from $1 to $2 in January. The jackpot reached $336 million in February and $337 million in August. The ticket price was changed to increase prizes. The starting jackpot was increased from $20 million to $40 million. The second-place prize jumped from $200,000 to $1 million.

New Mexico''s Powerball Records

Powerball is played in 44 lotteries. New Mexico joined the game in 1996. Of the five jackpots won in the state, the record is $206.9 million. It was won by a pool of nine players from the Roswell area in September 2008.

More than 220 prizes ranging between $100,000 and $1 million have been won by New Mexico Lottery players. So far in 2012, a record five players have won prizes of $1 million each.

Legislative Lottery Scholarships

All profit from the sale of New Mexico Lottery games funds Legislative Lottery Scholarships. Since 1996, the New Mexico Lottery has raised $539 million and more than 82,600 students have attended college on Legislative Lottery Scholarships. More information about Legislative Lottery Scholarships is available at www.nmlottery.com.

Follow the New Mexico Lottery on Facebook and You Tube.

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