Record Powerball Jackpot Means Big Win for Schools

By: Josh Sidorowicz Email
By: Josh Sidorowicz Email

Saturday's Powerball jackpot is on record to be the biggest in history coming in at more than $600 million.

A steady stream of gamblers and dreamers took notice, making their way through lotto lines around the Lansing area Friday.

All hoping to win a chunk of the record jackpot.

"It's a lot of money, really a lot of money," said Chris Sharp who was buying a ticket before Saturday's big drawing. "I'd probably go away, just leave and go somewhere nice and just relax."

Part of the reason for the larger jackpot is because of the increase in Powerball ticket prices.

"The larger price point allowed for more money to be in the prize pool and that's what makes the jackpot grow faster," said Andi Broncato, the public affairs director with the Michigan Lottery Association.

While the jackpot continues to grow, so too does confidence.

"With as many as we've sold this morning and we still have all night to go our goal is to sell that winning ticket," said Elizabeth Wicks, store clerk at the Citgo gas station on Cedar St.

"Let a Michigander become a winner finally."

But regardless of who draws the winning numbers, Michigan schools will win big.

"The more we sell the more profits we will ultimately end up with so it's always a win for the schools when we have big jackpots," Broncato said."

About 30 cents of every dollar from lotto sales ends up in the school aid fund. Last year that brought in more than $778 million with even more expected this year.

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