(PIERRE) - With no jackpot winner from the May 29, 2010 drawing, the Powerball jackpot rolls to $260 million for the Wed., June 2, 2010 drawing.
The Powerball jackpot is now the largest jackpot that can currently be won in the world. The last time the jackpot was hit was on April 21, 2010 when Christopher Shaw of Marshall, MO won $258.5 million.
If the jackpot is won in the June 2, 2010 drawing and the winner chooses the annuity option, the prize money will be paid out in 30 payments over 29 years. The cash option would get the winner an estimated one-time payment of $134.2 million.
Players who don't hit the jackpot Wednesday night can still pocket bigger prizes if they purchase the Power Play option when they buy a Powerball ticket. The South Dakota Lottery is continuing its Power Play 10X promotion.
Power Play 10X began on April 29, 2010 and was to have ended on May 29, 2010. Normally, the Power Play option offers players the chance to multiply their non-jackpot winnings by 2, 3, 4, or 5 times for an extra $1 per Powerball play. With the Power Play 10X promotion, one of the 5X multipliers is replaced with a 10X. That means if the 10X is drawn, the non-jackpot winning prizes are multiplied 10 times with the Match 5 prize going to $2 million.
The Power Play 10X promotion is being extended because the 10X multiplier wasn't drawn during the month of May. The promotion will continue until it's drawn.