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Powerball lottery jackpot reaches $320 million

By Associated Press

LAST UPDATED: 9:40 a.m. HST, Aug 15, 2012

CRANSTON, R.I. >> Rhode Island is looking to extend its lucky streak.

State lottery officials say the jackpot for tonight's Powerball drawing has climbed to $320 million, making it the game's 4th largest jackpot ever.

Rhode Islanders hit big Powerball jackpots twice already this year. An 81-year-old Newport woman won $336.4 million in a February drawing. The day after she came forward to claim her prize, another winning Powerball ticket was sold in the state. A woman in her 50s from Smithfield later claimed that $60 million prize.

Lottery officials say there have been 14 consecutive draws without a jackpot winner since June 27.

A winner who chooses the cash option would get a lump sum payment of $213.3 million.

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