Hours Left for Your Chance to Win $500 Million

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Published Saturday, August 19, 2017
by Chris Sorensen

With just hours to go before Saturday night's drawing, Powerball lottery tickets are selling briskly across the country for a chance to win an estimated jackpot of $535 million.

A lucky winner - or potentially several winners - could choose an annuity that would pay out the full amount over 29 years, or opt for a lump-sum cash payout estimated at just over $340 million before taxes. If there is more than one winner, the prizes will be split evenly across the group.

Odds of winning the top prize are one in over 292 million.

Drawings for the jackpot - one of two major national lottery games offered in Colorado - are held each Wednesday and Saturday evening at 8:59 mountain time. Tickets must be purchased by 7:30 p.m. the day of the drawing.

In addition to the jackpot, the game offers eight other levels of prizes, ranging from $4 to $2 million, depending upon the combination of numbers drawn and whether a player chooses the Power Play option. Tickets cost $2 each; the Power Play option adds $1 to the cost.

Colorado also participates in the Mega Millions game, which has drawings each Tuesday and Friday. The jackpot for that game currently stands at an estimated $25 million after one winner was drawn for a $393 million jackpot August 11.

In Eads, tickets for either game may be purchased at Hometown Gas & Grill or the Love's travel center.

Proceeds from the Colorado Lottery's games - Lotto, Lucky for Life, Cash 5, Pick 3, Mega Millions, Powerball and Scratch - enhance, protect, and improve parks, recreation areas, wildlife, trails and open space in Colorado. For 33 years, the Lottery has returned more than $2.9 billion to outdoor projects in the state of Colorado through Great Outdoors Colorado, the Conservation Trust Fund and Colorado Parks & Wildlife.

For better odds of winning, check out the Prairie Pines Assisted Living Center's raffle. You may win up to $30,000.