The race to Powerball's $50 million jackpot is on!

Friday 27 July, 2012 - Get ready… Get set… The race to Powerball’s $50 million jackpot is on!

Our Olympians aren’t the only Australians who have a shot at winning big this week, with the Powerball jackpot soaring up to $50 million!

Golden Casket Public Relations Executive Zoe Knobel said that like many of the Olympic sports we’ll see in the next week, there is often only one winner in a Powerball draw to claim the top prize.

“Unlike some games where first division prize pools are shared amongst multiple winners, Powerball historically pays out multi-million dollar dividends for individual winners, so there is a chance that we could see one fortunate Australian win the entire $50 million jackpot,” Ms Knobel said.

“Or, we could see more than one winner tie for the first division prize, and two players could take home $25 million each on Thursday!

“Many players will already be imagining the trips they could take with that kind of cash,” she said.

“Just think, you could tour the world visiting every Olympic site in history, from Athens, to Sydney, to Beijing, and London of course!

“Grab your ticket in Thursday’s draw for your chance to take your place on the winner’s podium as one of Australia’s newest millionaires.”

Powerball entries can be purchased at any Golden Casket outlet or online at The draw will be broadcast at approximately 8.40pm AEST on Thursday 2 August on Channel Seven.