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5th Largest Powerball® Drawing for $478 Million on Saturday
7/28/2016 12:36:25 PM

COLUMBIA, SC (July 28, 2016) – 2016 is a year of big jackpots. And Saturday’s fifth largest Powerball® jackpot drawing for $478 million is just the latest in a list of eye-popping amounts.

The year kicked off with a $1.5 billion Powerball® jackpot split among winners in Tennessee, Florida and California. In March the game saw a $291 million jackpot won in Florida. In May, New Jersey laid claim to a $429 million win. And earlier this month, a Mega Millions® ticket worth $540 million was sold in Indiana.

With the current jackpot, that adds up to over $3 billion in possible jackpot winnings.

And players aren’t the only winners.

“The real winner here is education,” said the SC Education Lottery’s Executive Director Paula Harper Bethea. “The Lottery was established with the sole purpose to generate revenue to underpin education, and this past fiscal year we committed a record $405 million to the State. This jackpot run will allow us to transfer even more.”

Should South Carolina sell the coveted $478 million jackpot-winning ticket with a $330 million cash payout this weekend, the State will win with the 7 percent state tax owed on the winnings. The federal government keeps 25 percent.

According to Powerball®, there were nearly 2 million winners in last night’s drawing. In South Carolina there were more than 27,000 winners.

Tickets for Saturday’s Powerball® drawing are $2 each and must be purchased by 9:59 p.m. for the 10:59 p.m. drawing.

Good Luck, South Carolina!

Please Play Responsibly!

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