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Powerball Jackpot Climbs to $550 Million

12:27 PM, Nov 28, 2012   |    comments
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DES MOINES, Iowa (AP, WLTX) - The record Powerball jackpot just keeps rising. It now stands at $550 million after officials say brisk sales keep driving up the payout amount.
 
The jackpot was boosted to $500 million on Tuesday and raised again Wednesday morning to $550 million.
 
A winner taking the cash option would get $360.2 million before taxes.
 
The numbers are an estimate and could be increased again as the drawing nears.
 
Powerball officials say they now believe there is a 75 percent chance that the winning combination of numbers will be drawn Wednesday night.

You can watch the drawing live on WLTX just before our 11 p.m. newcast.

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