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Powerball Players Dream Of Hitting $245 Million Jackpot

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MIAMI (CBSMiami) – Lots of South Florida Powerball players are plunking down a few extra dollars for tickets in hopes of winning Wednesday night’s $245 million jackpot.

Since being introduced into the state in January 2009, this is the fourth highest jackpot amount.

According to state lottery officials, the first Florida person hit a Powerball jackpot, for $189 million, did so in October 2009. The following July, a second Florida Lottery player hit a Powerball jackpot to win $73.8 million.

On October 6, 2010 the third Florida Lottery player won a Powerball jackpot worth $61.5 million.

The jackpot will be paid in 30 annual payments or a one-time cash payment of a reduced amount. For Wednesday’s drawing, if there is a winner and they opt for the one time pay out, they will win $146.2 million.

So what are the odds someone will hit the jackpot? According to lottery officials about 1 in 195,249,054.00.

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