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The odds are long but rewards are great as nation tries its luck on $200m Lotto

The biggest lottery prize in Australian history could soon be handed out with the clock counting down on Powerball’s looming $200 million draw.

Feb 01, 2024, updated Feb 01, 2024
A Brisbane woman has won $100 million. (AAP image).

A Brisbane woman has won $100 million. (AAP image).

The jackpot has jumped by $50 million from the previous week’s pool after no entries claimed the division-one prize in the past six draws.

About one in every two Australian adults are expected to purchase a ticket for the Thursday night draw, according to Powerball operator The Lott.

“We’re anticipating a rush online and in-store in the lead up to the record-breaking $200 million Powerball draw,” spokesman James Eddy said.

“Our advice to players is to get in early to avoid missing out on the chance to change your life.”

There were 7445 tickets bought in a single minute at the peak of sales for the previous $150 million draw.

Australians have until 7.30pm AEST to buy tickets before winners are announced at 8.30pm.

The latest draw tops the previous record-holding haul of $160 million on offer in a 2022 Powerball jackpot eventually shared between three people.

The lottery company encourages ticketholders to register a playing card or online account so winners can be contacted immediately.

The 20 Powerball division one winning entries in 2023 pocketed a combined $552 million in prize money.

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