Powerball prize increases to $ 550 million

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Treasury Assistant Secretary of the Puerto Rico Lotteries Department Lorna Huertas announced that tonight’s Powerball raffle increased to $ 550 million, becoming the ninth highest prize in its history .

“I urge the public to take part in this millionaire draw and see the possibility of another winner in Puerto Rico. For us in Electronic Lottery, it is vital to promote our market share in a millionaire draw like this, because we are the only Latin jurisdiction to be part of Powerball. In addition to generating hundreds of winners on the island after each draw, it is a fundraising window that allows us to contribute to the economic and social development of Puerto Rico, “said the Assistant Secretary of the Lotteries.

For her part, the assistant director of the Electronic Lottery, Karen Soto, stressed that the sale of Powerball plays locally generates about $ 4.4 million a year in commission earnings among merchants authorized to sell Electronic Lottery. “Both Powerball and the other products we offer, generate not only a commission for sales to the local merchant, but customer traffic to their businesses especially when the Jackpot increases to the levels we are seeing these first weeks of the year. That’s why it’s so important to support local commerce by doing their Electronic Lottery plays, ”Soto noted.

Officials said tonight’s raffle is also special as the date – Wednesday, Jan. 13 – marks the fifth anniversary of Powerball’s top prize of $ 1.586 billion, cattle on the 13th. January 2016.

“If there is a winner of the $ 550 million prize in Puerto Rico, we look forward to it tomorrow at our offices to pay your prize. This can be collected in a single payment, or in 30-year annuities with payments. which fluctuate between $ 8 and $ 30 million, ”Soto added.

Puerto Rico already has several Powerball winners, one of them in February 2015 that was sold to Ponce Shell of Vedat Laurel. This prize of $ 564.1 it was split with two North Carolina and Texas winners and was the first Powerball prize sold outside the continental United States. The other prize that fell on the island was $ 50 million in April of that year and was sold to Sabana Gran.

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