Powerball jackpot jumps to $290 million for Saturday's drawing - WMC Action News 5 - Memphis, Tennessee

Powerball jackpot jumps to $290 million for Saturday's drawing

NASHVILLE, Tenn. (AP) - With no Powerball jackpot winner after Wednesday's drawing, the stakes are even higher for Saturday's drawing, which tops out at an estimated $290 million.

Ticket sales reached nearly $4.6 million between Sunday and Wednesday, which set a new sales record for a drawing, said Tennessee Lottery spokeswoman Kym Gerlock.

"We're on track to have a record week," said Gerlock, adding that Saturday sales are generally higher than Wednesday sales.

Gerlock said state sales are expected to be four to five times greater than for a smaller jackpot because large jackpots tend to attract people who don't typically play.

One ticket in Tennessee matched the first five numbers, garnering a $200,000 award.

The highest Powerball jackpot in the history of the game was $314.9 million, which was won in December of 2002.

This Saturday's jackpot is the biggest since Tennessee joined the game in April 2004. Tennessee residents have twice had the opportunity to play for $215 million jackpots, but ticket sales have been declining.

The highest sales for the state was on May 8, 2004, for a $212 million jackpot with more than $7.6 million in ticket sales during one week.

The odds for winning the Powerball jackpot are about 1 in 46 million, according to the Multi-State Lottery Association, which runs the game played in 27 states.

(Copyright 2005 by The Associated Press. All Rights Reserved.)

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