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Saturday's Powerball up to $205M

Updated: Friday, 08 Jun 2012, 4:56 PM EDT
Published : Friday, 08 Jun 2012, 4:55 PM EDT

The following was provided by the Hoosier Lottery:

INDIANAPOLIS (WANE) -- School's out. The sun is shining. The weekend is almost here. What could make this summer even better? Winning Saturday night's estimated $205 million Powerball jackpot might do the trick.

"Without a doubt, $205 million would go a long way to making this the best summer ever for a lucky winner," said Al Larsen, Hoosier Lottery Public Relations Manager. "We'd love to see another jackpot winner, especially a $205 million winner, in Indiana this weekend."

Indiana leads the nation in Powerball jackpot wins with 38 so far.

The deadline in Indiana for purchasing a shot at the $205 million jackpot is 9:58 p.m. (Eastern) Saturday night.
A single shot at the jackpot costs just $2. Powerball pays non-jackpot prizes up to $1 million. Players can realize non-jackpot winnings of up to $2 million by adding the Power Play option for an extra dollar.

As with all Hoosier Lottery games, the net income generated from sales of Powerball in Indiana stays in Indiana to benefit Hoosiers.

The mission of the Hoosier Lottery is to return the maximum net income to the state in a socially-responsible manner. In fiscal year 2011, the Hoosier Lottery generated $188 million in net income which was used to significantly reduce the motor vehicle excise tax for all Hoosier drivers and also supported the pension funds for retired Indiana teachers, police and firefighters. Player prizes for the fiscal year totaled $495 million and $56 million was earned by Indiana retailers on the sale of Hoosier Lottery products.

Since its inception in 1989, the Hoosier Lottery has produced more than $4 billion in net income for the citizens of Indiana, nearly $1 billion in commissions and bonuses for participating Indiana retailers, and has paid out more than $8.7 billion in player prizes.

The Hoosier Lottery reminds all players to play responsibly.
 

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