Powerball Jackpot reaches $1.2 billion

LIMA, OH (WLIO) - The Powerball jackpot on Wednesday has become the third largest in the game's history.

Powerball Jackpot reaches $1.2 billion

No ticket matched all six numbers drawn on Monday night, which has caused the jackpot to increase to $1.2 billion. In case of a potential winner in the next draw, they will have two payout options: 30 annual installments or a lump sum of $551.7 million. However, if the lump sum amount is chosen, the payout will reduce to $402.5 million after applying federal and Ohio state tax withholdings. If the installment option is picked, the winner could take home approximately $40 million annually. This afternoon, we asked those selling lottery tickets at Fat Jacks what they would do if they won the grand prize.

"I'd probably donate a lot of it, but I'd travel, for sure, across the world. I want to go to London and Africa," said Previous Smith.

"I'd probably buy a bunch of acres of land, rescue a bunch of dogs, and have a good time," commented Alexis Goode.

"Probably buy a house and go traveling a lot, a lot of traveling. I really want to go to, where do I want to go to? I don't know. Oh, I really want to go to South Korea," said Jatanya Battle.

Those who play the Powerball will find out if they are the lucky winner tomorrow at 10:59 pm, despite odds stacked against them of 1 in 292.2 million.

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