Powerball is not only one of the biggest lotteries in the USA, but also one of the largest in the world. The game was launched in 1992 to replace Lotto*America and regularly offers jackpots that reach into nine figures.
Initially Powerball could only be played in a few areas, but more and more states joined the game over a number of years, boosting its popularity to almost unimaginable heights. In total there are 44 states and three US jurisdictions - Washington D.C, the U.S Virgin Islands and Puerto Rico - which all participate in Powerball draws, while players from other countries can also take part by entering online.
Powerball draws are held twice a week on Wednesday and Saturday evenings. Any winnings are also subject to state and federal taxes and jackpot winners must decide between annuity payments over 30 years or a reduced lump-sum paid out when they claim their windfall. To win the top prize, players must match five main numbers from a pool of 69 plus one Powerball number from a separate pool of 1 to 26. A Power Play option also gives players the chance to multiply non-jackpot prizes by up to ten times.
The odds of winning the jackpot are 1 in over 292 million, and the top prize starts at a minimum of $40 million. Non-jackpot prizes range from $4 for matching just the Powerball to $1 million for matching all five main numbers drawn. The overall odds of winning any prize are around 1 in 24.87.
The biggest jackpot ever seen in Powerball was US$590.5 million, which was won by a ticket holder from Florida in May 2013. For a chance of winning the latest big Powerball jackpot, make sure to buy Powerball tickets online.
Page Last Updated: 23/11/2015 08:56:29