Saturday, November 24, 2012

Powerball jackpot builds to $325M for Saturday

File - in this Sept. 27, 2012 file photo, a Powerball promotional check sits on the counter in the Casey's General Store, in Bondurant, Iowa. The jackpot for Powerball?s Saturday, Nov. 24, 2012, drawing has climbed to $325 million, the fourth-largest in the game?s history. (AP Photo/Charlie Neibergall, File)

File - in this Sept. 27, 2012 file photo, a Powerball promotional check sits on the counter in the Casey's General Store, in Bondurant, Iowa. The jackpot for Powerball?s Saturday, Nov. 24, 2012, drawing has climbed to $325 million, the fourth-largest in the game?s history. (AP Photo/Charlie Neibergall, File)

DES MOINES, Iowa (AP) ? The jackpot for Powerball's Saturday drawing has climbed to $325 million, the fourth-largest in the game's history.

A single winner's cash payout would be nearly $213 million before taxes.

Powerball organizers say this is the first run-up to a large jackpot that's fallen over a major holiday. They're unsure whether Thanksgiving and Black Friday will help or hinder sales.

Powerball jackpots have increased more rapidly since the game's organizers doubled the ticket price to $2 in January. An Iowa couple won $202 million in a Sept. 26 drawing, and an anonymous winner in Delaware got $50 million prize the next week.

Roxie Breece, assistant manager at a Cenex convenience store in Ogallala, Neb., says far more Powerball tickets than usual have been sold over the past week.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-11-23-Powerball%20Jackpot/id-63754147a582422fa7b1f1bc61edfef4

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