Powerball Lottery Biography
Powerball is an American lottery game sold in 44 jurisdictions (45 when California joins in April 2013) as a shared jackpot game. It is coordinated by the Multi-State Lottery Association (MUSL), a non-profit organization formed by an agreement with lotteries. Since the format change on January 15, 2012, Powerball's minimum advertised jackpot is $40 million (annuity) with a potential of nine-figure prizes (prior jackpots began at $20 million). Its annuity option is paid in 30 graduated installments; winners may choose cash instead. Powerball drawings are held Wednesdays and Saturdays at 10:59 p.m. Eastern time. The game uses a 5/59 (white balls) + 1/35 (Powerballs) matrix from which winning numbers are chosen. Each play costs $2, or, with the Power Play option, $3. (Prior to January 15, 2012, games cost $1 each, or $2 with Power Play; that option was added in 2001.)
The official cutoff time for ticket sales is 10 pm ET; some jurisdictions cut sales earlier.[1] The drawings usually are held at the Florida Lottery’s high-tech studio in Tallahassee. Before, the drawings were held at Universal Studios in Orlando (prior to 2009, its drawings usually were held in Iowa). On the night of each drawing, there are six prerecorded draws: four "test" drawings, then the actual drawing, followed by a "post test" draw. Some drawings were held away from headquarters to promote the game's expansion to a new jurisdiction. The results of drawings are not official until they are audited by the accounting firm Harvey, Covington & Thomas, LLC.
The drawing on November 28, 2012, produced the largest jackpots (annuity and cash values) in the game's history, $587,500,000 annuity, or $384,700,000 cash value.[2] Two tickets (one each from Missouri and Arizona) are eligible for a jackpot share.[3] Only the Mega Millions drawing of March 30, 2012, split by three tickets, has a higher annuity ($656,000,000) and cash values ($474,000,000).
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Powerball Lottery
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Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
Powerball Lottery
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