Sunday, December 11, 2016

Powerball

Powerball logo



Formation      April 19, 1992; 24 years ago
Location     United States
Owner  Multi-State Lottery Association
Website   powerball.com🔗






This article is about the U.S. lottery game. For the Australian lottery game, see Powerball (Australia). For other uses, see Powerball (disambiguation).

Powerball is an American lottery game offered by 44 states, the District of Columbia, Puerto Rico and the US Virgin Islands. It is coordinated by the Multi-State Lottery Association (MUSL), a nonprofit organization formed by an agreement with US lotteries. Powerball's minimum advertised jackpot is $40 million (annuity); Powerball's annuity is paid in 30 graduated installments; winners may choose cash instead.





Drawings are held Wednesday and Saturday evenings at 10:59 p.m. Eastern Time. Since October 7, 2015, the game has used a 5/69 (white balls) + 1/26 (Powerballs) matrix from which winning numbers are chosen, resulting in odds of 1 in 292,201,338 of winning a jackpot per play. Each play costs $2, or $3 with the Power Play option. (Originally, Powerball plays cost $1; when PowerPlay began, such games were $2.) The official cutoff for ticket sales is 10:00 p.m. Eastern Time; some lotteries cut off sales earlier. The drawings are usually held at the Florida Lottery’s studio in Tallahassee.



On January 13, 2016, Powerball produced the largest lottery jackpot in history; the $1.586 billion jackpot was split by three tickets sold in Chino Hills, California, in Munford, Tennessee, and in Melbourne Beach, Florida.




U.S. lotteries. As of 2016, all states with lotteries (in blue) plus the District of Columbia, Puerto Rico and the US Virgin Islands offer Powerball GFDLLink
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