Marylanders dream of winning Powerball jackpot

Posted at 6:20 PM, Jan 13, 2016
and last updated 2016-01-13 18:24:04-05

As the Powerball jackpot climbs, excitement is also growing as people daydream what they would do with their winnings from the $1.5 billion jackpot  as of Wednesday evening.

One Baltimore man bought five tickets and said he plans to “help my family and help the homeless in Baltimore City. I’d make sure there would be no more homeless people in Baltimore City."

Another woman has dreams to use the jackpot for something a little more uncommon telling ABC2, "Well this Powerball, the sky's the limit, I’d set-up a nice foundation and I would buy a chamber orchestra," she said she would play the flute.

However, the odds are slim, 1 in 292.2 million, according to the Maryland Lottery, but that didn’t discourage local residents from lining up to buy their tickets Wednesday before the 10:59 p.m. drawing.

Jackpot prize winners have two options, a lump sum cash option of $930 million, or annuity payments over the next 29 years. For a detailed breakdown of  the payout after taxes, USA Mega has estimates for each participating state here

If there are no Powerball jackpot winners in Wednesday’s drawing, Maryland Lottery tweeted that Saturday’s estimated jackpot will be $2 billion.