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 can regularly offers jackpots that reach into nine- figure jackpotss.
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$590.51.58 millionbillion, which was won by a ticket holder from Florida in May 2013three ticket holders in January 2016. John and Lisa Robinson of Munford, Tennessee, Maureen Smith and David Kaltschmidt of Melbourne Beach, Florida and Marvin and Mae Acosta of Chino Hills, California each claimed an equal share of the ten-figure prize. All three couples chose to take the cash option, resulting in a $327.8 million windfall each.
For a chance of winning the latest big Powerball jackpot, make sure to buy Powerball tickets online.
Page Last Updated: 11/12/2016 04:00:33