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Powerball Jackpot Rises to $1.5 Billion
Money is counted for 100 Powerball tickets purchased by one customer at the Penn Branch Liquor store, Saturday, Jan. 9, 2016 in Washington. (AP Photo/Alex Brandon)

Powerball Jackpot Rises to $1.5 Billion

DES MOINES, Iowa (AP) -- The world's largest lottery jackpot has grown to $1.5 billion because of continuing strong Powerball ticket sales.

Money is counted for 100 Powerball tickets purchased by one customer at the Penn Branch Liquor store, Saturday, Jan. 9, 2016 in Washington. (AP Photo/Alex Brandon)

Lottery officials increased their estimate of the huge jackpot for the second day in a row Tuesday because of immense interest in the prize.

The record-breaking Powerball jackpot could grow yet more before Wednesday's drawing if ticket sales continue to exceed expectations. Officials reassess the estimate daily.

The odds of matching all six numbers to win the jackpot are one in 292.2 million.

The $1.5 billion prize would be paid in annual payments over 29 years. Or the winner could opt for a lump-sum payment of $930 million.

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