Delaware Valley residents hope to become billionaires with Powerball jackpot drawing

This is the third-largest prize in Powerball's history.

"Give a lot to my kids, my grandkids, and just pay all my bills off, and take a vacation," said Rick Rosselli of South Philadelphia.

If you win the jackpot, you have two options to receive your prize: you can get a lump sum of $516.8 million, or $1 billion in annuity, which spreads your payments over 29 years."The lump sum is just better, selling it to a whole bunch of people, rather than getting the monthly part," said John Patterson of Folsom, Pennsylvania.

"That's why I even got the Power Play, the Power Play we get more of it all at once, lump sum," said Charlie Gorman of Havertown.Copyright © 2023 WPVI-TV. All Rights Reserved.

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