Power Ball frenzy hits the Valley - 21 News Now, More Local News for Youngstown, Ohio -

Power Ball frenzy hits the Valley

Updated:

YOUNGSTOWN, Ohio – Tonight's historic Power Ball jackpot continues to grow with the top prize now at $550 million.

Ticket sales are expected to top one-billion dollars by tonight's drawing.

We stopped at several local lottery outlets on Wednesday and they tell us that ticket sales are running three times above normal for tonight's drawing.

Lottery agents say the huge jackpot has created a Power Ball frenzy includes a lot of first time players.

About 75 percent of players let the computer pick their numbers.

A single winner could walk away with a cash prize of $360 million dollars. The federal government takes 25 percent of the winner's earnings in taxes, states can take additional taxes; the tax rate in Ohio is six percent. In eight states, including Pennsylvania, winners pay no taxes at all on winnings.

One dollar of every two dollar Power Ball ticket goes to the state to cover lottery overhead and supporting programs like education.

The odds of winning are about 1 in 175-million, but who's counting.

Lottery worker Amara Chance hopes a prize this big gets spread around. "I hope more than one person hits though, it's a lot of money," Chance said.

Jenette Koewacich says the size of the jackpot is almost scary, but she plans to share it her one ticket is the winner, "I'll keep some, but most of it I'll probably give away," Koewacich said.

You can play Power Ball up until 10:00 p.m. Wednesday night.

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