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Powerball Jackpot Reaches Estimated $320 Million

3:31 PM, Aug 14, 2012   |    comments
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RICHMOND, Va. (AP) - The Virginia Lottery expects to sell more than a million Powerball tickets to players hoping to win a huge jackpot. The jackpot for Wednesday's drawing is an estimated $320 million.

The Lottery said Tuesday that players are expected to buy Powerball tickets at a rate of 2,170 a minute at peak times Wednesday.

If someone's ticket matches all six numbers, they could either take the full amount in 30 annual payments or a one-time cash option of more than $203 million before taxes.

Virginia Pike of Berryville is the state's biggest Powerball winner since the game began in Virginia in January 2010. She bought two winning $1 million tickets for the April 7 drawing.

Take a look at these photos to see some really pricey items you could buy with $320 million.