Saturday's Powerball drawing hits $118M

ATLANTA – The estimated jackpot for Saturday's Powerball drawing is $118 million for a single annuity winner.

Tickets are $1 per play. There are two payment options: the jackpot prize paid over 29 years in 30 graduated payments or the cash option, which is approximately $59 million. Powerball proceeds benefit education in Georgia.

The odds of winning the jackpot are about 1 to 195 million.

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