Powerball skyrockets to $550 million - WRCBtv.com | Chattanooga News, Weather & Sports

Powerball skyrockets to $550 million

CHATTANOOGA, TN (WRCB) -

The powerball jackpot has skyrocketed to $550 million and thousands are scrambling to get their piece of the pie.

Saturday's drawing ballooned from $475 million to $550 million Wednesday and sales aren't slowing down for the massive pot.

READ MORE | No winning powerball ticket, jackpot climbs to $475 million

The jackpot is the second largest in Powerball history, second only to the November 2012 jackpot of $587.5 million.

Powerball is played in 43 states plus Washington D.C. and the U.S. Virgin Islands.

The drawing for the powerball will be Saturday. Tickets must be purchased no later than 8:59 p.m. central time.

The Tennessee Education Lottery Corporation operates entirely from the revenue it generates through the sale of its products. Net proceeds from sales of Lottery tickets, currently averaging over $5.3 million per week, fund specific education programs, including college scholarships and after-school programs.

Since the Lottery began selling tickets on Jan. 20, 2004, it has raised more than $2.6 billion for these programs. In addition to the educational beneficiaries, players have won over $6 billion in prizes and Lottery retailer partners have earned more than $659 million in retailer commissions.
For more information, visit www.tnlottery.com

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