November 28, 2012
Wednesday afternoon the Powerball jackpot total climbed to an estimated $550 million. If you choose the cash now option you get more than $360 million. Tonight's jackpot total is the largest sum for the Powerball and the second highest lottery winning ever.
People in Charlottesville are scrambling to get their Powerball tickets and everyone is hoping they have the magic six numbers. Convenience stores are expecting hundreds, if not thousands of people to buy tickets by the end of the day.
People at Lucky 7 convenience store in Charlottesville weren't just buying one ticket. Along with buying multiple tickets, they are also going in with work colleagues and friends from out of state.
At the beginning of the year, the price of a ticket jumped from $1 to $2. This has allowed for jackpots to get bigger at a faster rate.
Lucky 7 employee, George Vincent, said, "We have a record jackpot this week. We expect to have a lot of busy sales this evening and today.
It's been nearly two months since the last Powerball jackpot winner and people are waiting in long lines for their $550 million winning tickets.
One Powerball ticket buyer, Mike Niven, said, "I haven't played the lottery in about five years but it seemed like it makes sense to do it today."
Though, the chances of winning are slim. Your odds of hitting the jackpot are 1 in 175 million. You are more likely to be killed in a vending machine accident, drafted into the NBA as a highschool senior, or become the president of the United States.
And people are getting creative with what they would do with the money.
Wendy Heifetz, a Powerball ticket buyer, said, "I think I'd like to get my husband to travel more." She also went in on some tickets with some of her colleagues and said, "I work for a financial advisory firm and we said we would start a charitable foundation for causes we all believe in."
Ryan Tyler, a Powerball ticket buyer, said, "I'd buy a Maserati. I would travel a lot. I want to buy a vineyard, start a hot sauce company, and a record label."