Powerball jackpots to $50 million for end-of-financial-year draw

Australians have a chance to start this financial year as multimillionaires with Thursday’s Powerball draw climbing to $50 million after four weeks of no winning entries.

It’s the third largest prize on offer so far this year in Australia. Players need seven winning numbers and the Powerball number to take home the division-one prize.

“Imagine all the exciting plans you could make for the new financial year with an extra $50 million in your bank account,” The Lott spokesperson Matt Hart said.

Powerball's $50 million jackpot could help someone kickstart the new financial year with a bang. Source: The Lott

The last Powerball division-one winner took home $17 million in late May. The Logan man said he planned on cluing his family in to his fortune by pulling into their driveway in a new flashy car.

Since it’s been a while since the last winner was crowned, Mr Hart said he was “eagerly waiting” to see if someone would win the $50 million this week.

“So far this year we have seen five Powerball division-one winners collectively taken home more than $189 million,” he said.

Up to one in six Australians are expected to grab an entry for Thursday’s draw, Mr Hart said, and he warned people should be quick to get in their entries.

“If you want the chance to start the second half of the year as a Powerball division-one winner, then you do need an entry into the draw,” he said.

“We’re expecting it to be busy in-store and online leading up to Thursday night.

“Imagine answering your phone later this week to the news you’ve just become a multi-millionaire. You might never have to head into work again.”

Entries for this week's Powerball $50 million draw close 7.30pm AEST this Thursday. Source: The Lott

However, if you’re wanting to be called directly, you will need to register your entry.

“If you register your entry, your prize is secure, and we will be able to deliver that dream-come-true news as soon as possible,” Mr Hart explained.

The draw closes at 7.30pm AEST on Thursday.

In the last financial year, more than 131.8 million people took won a share of $3.3 billion in prize money.

Next Tuesday, players will also have a chance of winning their share of $50 million in the Oz Lotto draw and every week, the division-one prize pool for Oz Lotto is $2 million.

If gambling is a problem for you go to Gambling Help Online or call 1800 858 858.

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