$500M Powerball jackpot
November 27, 2012 6:24PM
Varsha Patel of Antioch hands Powerball tickets to Ricky Krew of Lake Villa at the Antioch Marathon located at 24480 W. Grass Lake Road. Krew purchased an $8 ticket hoping to win the $500 million jackpot. Antioch Marathon sold a $1 million Powerball ticket in August. | Thomas Delany Jr.~Sun-Times Media
The historic Powerball jackpot boosted to $500 million on Tuesday was all part of a plan lottery officials put in place early this year to build jackpots faster, drive sales and generate more money for states that run the game, The Associated Press reports.
Powerball tickets doubled in price in January to $2, and while the number of tickets sold initially dropped, sales revenue has increased by about 35 percent over 2011.