Powerball jackpot reaches $1 billion

HOLLYWOOD, Fla. — Wednesday night’s Powerball jackpot has reached $1 billion and South Floridians are rushing to buy tickets.

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It’s the biggest jackpot so far this year. It comes after the United Kingdom joined most U.S. states in offering the game, adding the to the jackpot pool.

Of course, the $1 billion figure represents a pre-tax sum of annuity payments.

Those opting to take a lump sum cash payout would come away with $433 million before taxes and almost $273 million afterward, according to lottery website USA Mega.

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No matter how you slice it, it’s an eye-popping number.

Watch the video above to see how customers at a Hollywood gas station say they’d spend the big haul.

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