Powerball Numbers: Two Winners Take Record Jackpot

Powerball's board of directors discusses the big win for two lucky lotto players.
1:42 | 11/29/12

Coming up in the next {{countdown}} {{countdownlbl}}

Coming up next:

{{nextVideo.title}}

{{nextVideo.description}}

Skip to this video now

Now Playing:

{{currentVideo.title}}

More information on this video
Enhanced full screen
Explore related content
Comments
Related Extras
Related Videos
Video Transcript
Transcript for Powerball Numbers: Two Winners Take Record Jackpot
Now, let's go to the chair of powerball's board of directors, norm lingle. Thanks for joining us this morning. We're going to learn the winners in missouri and arizona later today. We've already said they can get $192 million something each if they take the lump sum. But they have the option of having it spread out over time. That is correct. The winners will have the option to choose the cash option or the annuity option. And by and large, most folks choose the cash option. That seems to make the most sense. Does the lottery give advice to the winners on how to deal with their money? Certainly. I think that's standard for every lottery to recommend to their winners, in a situation like this, to create a financial team or a t of advisers, to give them that solid advice because this is an exciting time, as well as a life-changing time for these winning tickets. Seems like we're starting to see more and more of these supersized jackpots. You all actually took steps to boost the size of the jackpots earlier this year. Seems to be working. You're exactly right. We did take steps, beginning back in january. And I think it was evident this week, that high jackpots create a frenzy and the chatter amongst everybody. And drives the sales for these to even higher levels. And so, the steps we took in january certainly are paying off right now. They are. And two people will get a big payoff today. Norm lingle, thanks very much.

This transcript has been automatically generated and may not be 100% accurate.

{"id":17836036,"title":"Powerball Numbers: Two Winners Take Record Jackpot","duration":"1:42","description":"Powerball's board of directors discusses the big win for two lucky lotto players.","section":"GMA","mediaType":"Default"}