Powerball jackpot grows to estimated $334 million

(Photo: ABC News)

RICHMOND, Va. (WRIC) — More than 32,000 tickets in Virginia won prizes in Wednesday’s Powerball drawing.

Still, because no one in Virginia or anywhere else matched all six numbers, the jackpot for the Saturday, Jan. 2, Powerball drawing has grown to an estimated $334 million.

Virginia Lottery officials expect to sell about 705,000 Powerball tickets on Saturday alone in the Commonwealth. If one ticket matches all six numbers, the winner will have a choice: either take the full $334 million jackpot in 30 annual payments or choose a one-time cash option of approximately $205 million before taxes.

Meanwhile, the Virginia Lottery is preparing to create three new millionaires on Friday, when the winning tickets are drawn in Virginia’s New Year’s Millionaire Raffle.

Powerball drawings are held at 10:59 p.m. Wednesdays and Saturdays and are broadcast on 8News. You can also see the replay at www.valottery.com.

For more information on Powerball, visit www.powerball.com.

The profit from every Powerball ticket bought in Virginia, like all other Virginia Lottery tickets, goes to K-12 public education in the Commonwealth.

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