Lottery Mania: two large jackpots has people eager to buy tickets

Someone in Louisville won $50,000 in Wednesday's Powerball drawing

The cost of a ticket was $1 and every time the game restarted, the jackpot was reset to $15 million.

It's been the first time in in history both major nationwide lottery jackpots are above $400 million at the same time.

"The largest Powerball prize ever awarded in Kentucky was $128 million several years ago to a couple out of Georgetown".

You could probably buy a small island, but then you'd have to build an airstrip and buy a plane to get in and out, so that would eat up so much of your winnings that you'd probably have to sell the island because you couldn't afford the real-estate taxes. "You can't win if you don't play", said Powerball ticket buyer, Tim Ray.

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Saturday's 10:59 p.m. EST Powerball drawing is worth $570 million, with a $358.5 million lump-sum payment that is the fifth-largest in its history, according to organizers. "When customers come in and get other products they [say], 'oh my god it's high!' and 'oh my god no ones won yet!' It's been a stir", says Mike Cook, a Clerk at Time Saver.

"I got five tickets for each one", said Tom Pinter.

There's a misnomer that people in Arkansas don't win the big bucks, but she says that's not true. "Obviously the tax would take quite a bit of it, but the rest of it, I would give away to charity", echoed Travers. "You don't have to spend a lot of money".

Koppy said it varies how often the jackpot is hit.

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The jackpot for the twice-weekly drawing starts at $40 million and grows if the grand prize isn't claimed.

The Powerball jackpot sits at $550 million ahead of the next drawing Saturday night. The odds of a ticket matching five numbers and the Mega Ball are 302,575,350 to 1.

But the odds of winning?

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