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Powerball continues to rise with record-breaking $900M jackpot

[UPDATED Jan. 9, 2016 at 11:30 a.m. – Powerball rose from $800 million to $900 million since publication.]

Powerball lottery hit an estimated $900 million jackpot Saturday, Jan. 9, increasing the highest jackpot record in the history of the U.S. This jackpot has risen since Nov. 7, 2015 when it started with $40 million.

The highest record for lottery had been set by Mega Millions in March 2012 with $656 million and was won by participants in three states. For Powerball, it was a $590.5 million jackpot, which was won by a Floridian in May 2013.

Feeling lucky?

The next winning numbers will be drawn Saturday, Jan. 9 at 10:59 p.m. If nobody has a ticket or tickets that match the numbers drawn from the machine, another drawing will take place on Wednesday, Jan. 13. According to the Powerball website, if there is a winner or winners, they will get to choose between receiving $496 million in cash, before taxes are deducted, or the full $900 million in an annuity that would pay out the money over 30 years.

About The Author

Jimena Tavel

Jimena Tavel is an international student from Tegucigalpa, Honduras. She's a sophomore pursuing a double major in journalism and communication, and a minor in French. Jimena is the news editor for Eagle News, and aspires to become a news anchor someday. Along with her passion for news, she also has a passion for good humor. She spends most of her spare time reading novels, trying new foods and training for her first marathon. If you ever plan a trip to Honduras, you should definitely get in touch with her! She recommends exploring her favorite island in the world - Roatán, and all that it has to offer.

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