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When Do They Draw The Powerball Numbers

American lottery game

Powerball
Powerball logo.svg
Formation April 19, 1992; 29 years ago  (1992-04-19)
Location
  • U.s.
Owner Multi-State Lottery Association
Website powerball.com

Powerball is an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.Southward. Virgin Islands. It is coordinated by the Multi-Land Lottery Clan (MUSL), a nonprofit organisation formed by an understanding with lobbyists and United states of america corporations. From its countdown drawing on April 19, 1992, until August 21, 2022, Powerball drawings were held twice a week (Wed and Saturday); a third weekly cartoon (held Mondays) was added on Baronial 23, 2022. Drawings are held every Mon, Wednesday and Sabbatum evening at x:59 p.m. Eastern Fourth dimension, at Florida Lottery headquarters in Tallahassee.[1]

Since October vii, 2022, the game has used a 5/69 (white balls) + ane/26 (Powerballs) matrix from which winning numbers are called, resulting in odds of one in 292,201,338 of winning a jackpot per play.[two] Each play costs $two or $iii with the Power Play pick (originally, Powerball plays cost $one; when PowerPlay began, such games were $2.). The official cutoff for ticket sales is 10:00 p.1000. Eastern Fourth dimension; some lotteries cut off sales earlier.[3] The drawings are held at the Florida Lottery's studio in Tallahassee.[4] Powerball's minimum advertised jackpot is $20 million (annuity); Powerball'southward annuity is paid in thirty graduated installments or winners may cull a lump sum payment instead. 1 lump sum payment will be less than the total of the thirty annual payments considering of the time value of money and also because ane bank check for a much larger sum will be taxed at a greater rate than 30 checks each at a much lower sum volition be taxed.

On January thirteen, 2022, Powerball produced the largest lottery jackpot in history; the $1.586 billion jackpot was split past three tickets sold in Chino Hills, California;[five] [six] in Munford, Tennessee; and in Melbourne Beach, Florida.[7]

The numbers were originally drawn in West Des Moines, Iowa before moving to Universal Studios Florida in Orlando. Drawings moved to their current home in Tallahassee in 2022.[8] [ix]

Powerball members [edit]

U.S. lotteries. As of 2022, all states with lotteries (in blueish) plus the District of Columbia, Puerto Rico, and the United states Virgin Islands offer Powerball.

Powerball replaced Lotto*America in April 1992; Mega Millions replaced The Big Game 10 years afterwards (See below for the evolution of the name Mega Millions.).

Mega Millions and Powerball [edit]

Lottery Powerball Mega Millions
Arizona April 4, 1994 April xviii, 2022
Arkansas October 31, 2009 January 31, 2022
California April 8, 2022 June 22, 2005
Connecticut November 28, 1995 January 31, 2022
Colorado August ii, 2001 May 16, 2022
Delaware Jan 14, 1991 Jan 31, 2022
Commune of Columbia Feb xiii, 1988 January 31, 2022
Florida Jan 4, 2009 May 15, 2022
Georgia January 31, 2022 September 6, 1996
Idaho February ane, 1990 January 31, 2022
Illinois January 31, 2022 September 6, 1996
Indiana October fourteen, 1990 Jan 31, 2022
Iowa February 13, 1988 Jan 31, 2022
Kansas Feb 13, 1988 January 31, 2022
Kentucky January 10, 1991 January 31, 2022
Louisiana March five, 1995 November sixteen, 2022
Maine July 30, 2004 May 9, 2022
Maryland January 31, 2022 September 6, 1996
Massachusetts February 3, 2022 September 6, 1996
Michigan Jan 31, 2022 September 6, 1996
Minnesota Baronial xiv, 1990 Jan 31, 2022
Mississippi Jan 30, 2022 Jan 30, 2022
Missouri February 13, 1988 Jan 31, 2022
Montana November ix, 1989 March 1, 2022
Nebraska July 21, 1994 March 20, 2022
New Hampshire November 5, 1995 January 31, 2022
New Bailiwick of jersey Jan 31, 2022 May 26, 1999
New Mexico October 20, 1996 January 31, 2022
New York January 31, 2022 May 17, 2002
North Carolina May 30, 2006 January 31, 2022
Northward Dakota March 25, 2004 January 31, 2022
Ohio April 16, 2022 May 17, 2002
Oklahoma January 12, 2006 Jan 31, 2022
Oregon February 13, 1988 March 28, 2022
Pennsylvania June 29, 2002 January 31, 2022
Puerto Rico September 28, 2022 Non offered
Rhode Island February 13, 1988 Jan 31, 2022
Due south Carolina October 6, 2002 Jan 31, 2022
South Dakota November 15, 1990 May xvi, 2022
Tennessee April 21, 2004 January 31, 2022
Texas Jan 31, 2022 December 5, 2003
US Virgin Islands Nov 14, 2022 October 4, 2022
Vermont July one, 2003 January 31, 2022
Virginia Jan 31, 2022 September 6, 1996
Washington January 31, 2022 September 4, 2002
West Virginia Feb 13, 1988 January 31, 2022
Wisconsin August x, 1989 January 31, 2022
Wyoming August 24, 2022 August 24, 2022

Alabama, Alaska, Hawaii, Nevada, and Utah practise not sell lottery tickets.

History [edit]

1988 precursor: Lotto America [edit]

Powerball's predecessor began in 1988;[10] the multi-land game was known as Lotto America. The game, and name, were inverse to Powerball on April 19, 1992; its first drawing was held April 22.

Dr. Edward J. Stanek was president of the Iowa Lottery and one of two men, forth with Steve Caputo, who came up with the Powerball game.[11]

Powerball begins [edit]

When it was launched in 1992 Powerball became the first game to use ii drums. Using two drums to depict numbers from offers more manipulation by simultaneously assuasive loftier jackpot odds, numerous prize levels and low overall odds of winning (equally explained later, a ticket can win past matching only 1 number). The two-pulsate concept was suggested past Steve Caputo of the Oregon Lottery. The 2-pulsate concept has since been used by The Big Game (now Mega Millions) in the United states, Australia'due south Powerball, Thunderball in the UK, Eurojackpot and EuroMillions.[ citation needed ]

Through 2008, Powerball drawings usually were held at Screenscape Studios in Westward Des Moines, Iowa. The drawings' host was longtime Iowa radio personality Mike Pace, who had hosted MUSL drawings since Lotto America began in 1988. In 1996, Powerball went "on the road" for the starting time time, property five remote drawings at the Summer Olympics in Atlanta. A few weeks later, Georgia became the only jurisdiction to leave Powerball (Maine, which joined MUSL in 1990, left when Powerball began). In Baronial 1996, Georgia joined the then-new The Big Game, then the other major U.S. lottery group. It planned to sell tickets for both games for the residual of 1996; but within days Georgia was removed from MUSL, not to return until the 2022 cantankerous-sell expansion.

On November 2, 1997, the annuity was inverse from 20 to 25 yearly payments; the cash option was added.[12] The annuity comprises xxx graduated payments, increasing 5% annually.

In 1998, Florida was given permission by its regime to participate in a multi-state game. Information technology was set up to offer Powerball; but in early 1999, new governor Jeb Bush-league prevented Florida from joining since he believed Powerball would hurt the existing Florida Lottery games. In 2008, Governor Charlie Crist finally allowed Florida to join MUSL, on Jan 4, 2009.

On March 7, 2001, an optional multiplier (called Power Play) was added, allowing players to multiply non-jackpot winnings by up to five past paying an actress $1 per game. A wheel was introduced to select the Ability Play multiplier for each drawing (the side by side year, the 1x was removed from the Power Play wheel.)

2009: Florida became host to drawings [edit]

With the beginning of Powerball sales in Florida on January four, 2009 (with its first cartoon on January 7), the matrices changed to v/59 + ane/39 (calculation four white ball numbers and dropping three ruddy balls). This changed the jackpot probability from i:146 1000000 to 1:195 1000000; the overall probability became 1:35.

Based on statistical projections, the average jackpot win increased from $95 one thousand thousand to $141 million. Over 3.5 million additional prizes were expected to exist won yearly due to the alter in probability. The starting jackpot increased to $20 million, with minimum rollovers of $5 meg. The jackpot contribution increased from 30.3% to 32.5% of full sales. The Power Play option was modified; 2nd prize, usually $200,000, was given an automated 5x multiplier, making the 5+0 prize $1 1000000 cash. The bonus 2d prize if the jackpot exceeded its previous record by $25 one thousand thousand, triggered only twice, was eliminated with the 2022 format alter.

The conditions for Florida joining Powerball included a movement of the live drawings from Iowa to Universal Studios in Orlando.[ citation needed ] The three hosts rotating announcing duties from Universal Studios were Tracy Wiu, Elizabeth Hart and Scott Adams (MUSL headquarters remained in Iowa, where its other draws are held). The wheel that was used to determine the Power Play multiplier was retired when the drawings moved to Florida; a random number generator (RNG) was used until the 2022 format change.

Arkansas became the 33rd MUSL member on October 31, 2009,[13] the last to join before the 2022 cross-sell expansion. The Ohio Lottery added Powerball on April 16, 2022, information technology joined Mega Millions (forth with New York) years earlier, when The Big Game added Mega Millions to its name.

2010 cantankerous-sell expansion [edit]

In March 2009, it was reported that New Jersey, already a Mega Millions member, sought permission to bring together Powerball. Presently later on, discussions were revealed virtually allowing each U.s. lottery to offer both games. On Oct 13, the Mega Millions consortium and MUSL reached an understanding in principle to cross-sell Mega Millions and Powerball.[fourteen] In November, MUSL signed an agreement to start streaming Powerball drawings online.[15] [xvi]

On January 31, 2022, the appointment of the cross-sell expansion, Mega Millions and MUSL each added lotteries; eight Powerball members added Mega Millions by May. The Montana Lottery joined Mega Millions on March 1, 2022. Nebraska added Mega Millions on March 20, 2022, Oregon followed on March 28, 2022, Arizona joined Mega Millions on April 18, 2022, Maine added Mega Millions on May 9, 2022, Colorado and South Dakota joined Mega Millions on May xvi, 2022. The U.S. Virgin Islands joined Mega Millions in October 2022.

Before the understanding, the merely places that sold both Mega Millions and Powerball tickets were retailers straddling a edge; one retailer on the Sharon, Pennsylvania/Masury, Ohio edge sold both Mega Millions (via the Ohio Lottery) and Powerball (Pennsylvania) before the understanding and connected to be the only retailer to sell tickets for both lotteries.[17]

Illinois joining Powerball on the expansion date, it became the second multi-jurisdictional lottery game (after Mega Millions, which Illinois already participated in) whose drawings were carried nationally. Both games' drawings were simulcast via Chicago cablevision superstation WGN-TV through its national WGN America feed. WGN-TV aired Illinois Lottery drawings nationally from 1992 to 2022 later on acquiring circulate rights from Chicago's Fox owned-and-operated station WFLD in 1988, which took the rights from WGN-TV in 1987. Powerball drawings were aired on WGN-TV and WGN America on Midweek and Sat immediately following the station'south 9:00 p.chiliad. (Fundamental Time) newscast with the Mega Millions drawings being aired Tue and Fri evenings after the newscast. WGN served as a default carrier of Mega Millions or Powerball where no local television station carries either multi-jurisdictional lottery's drawings.

On March 13, 2022, New Jersey became the first previous Mega Millions-only fellow member (but earlier the cross-selling expansion) to produce a jackpot-winning Powerball ticket. Information technology was worth over $211 1000000 in annuity payments; it was sold in Morris Plains. On May 28, 2022, North Carolina became the first previous MUSL member (just earlier the cantankerous-selling expansion) to produce a jackpot-winning Mega Millions ticket; that jackpot was $12 million (annuity).

On June 2, 2022, Ohio won a Powerball jackpot; it became the first lottery selling either Mega Millions or Powerball (when 2022 began) to provide a jackpot-winning ticket for its newer game. The ticket was worth a $261 million annuity; it was sold in Sunbury. Ohio's second Powerball jackpot-winning ticket, sold for the June 23, 2022 drawing, was role of some other kickoff; since Montana besides provided a jackpot winner for that cartoon, it was the first time a jackpot was shared through lotteries which sold competing games before the cross-selling expansion, as Montana sold only Powerball before the expansion date.

2012 format change [edit]

On Jan 15, 2022, the toll of each basic Powerball play doubled to $2, while PowerPlay games became $iii; the minimum jackpot doubled to $40 one thousand thousand.[eighteen] A non-jackpot play matching the five white balls won $1 million. The red balls decreased from 39 to 35.[19] The drawings were moved from Universal Studios Orlando to the Florida Lottery's studios in Tallahassee. Sam Arlen began his tenure equally host in 2022,[xx] with Laura West. Johnson serving as the assistant hostess.

These changes were made to increase the frequency of 9-figure jackpots; a Powerball spokesperson believed a $500 million jackpot was feasible (information technology became a reality within the year,[21]) and that the first $one billion jackpot in U.s. history would occur by 2022 (though it didn't occur until 4 years after.)[22] Less than three months after the Powerball changes, Mega Millions' jackpot reached $656,000,000 despite remaining a $1-per-play game.[23] The random Power Play multiplier was retired for a set up, fixed dollar amount payout.[24] The $25 million rollover "cap" (creating larger 5+0 prizes) was eliminated.

California joined on April eight, 2022; it has never offered the Power Play selection, as all payouts in California Lottery drawing games, by law, are parimutuel. Mega Millions, which became bachelor in California in 2005, offers its Megaplier in its other 45 jurisdictions.

On January 22, 2022, the variable Ability Play option returned (2x-5x) for multiplying non-jackpot prizes.[24]

In Oct 2022, Puerto Rico joined Powerball; the offset mainly Spanish-speaking jurisdiction offering the game; as of 2022 information technology had not joined Mega Millions.

2015 format change [edit]

On October four, 2022, the Powerball format changed once again; the white-ball pool increased from 59 to 69 while the Powerball pool decreased from 35 to 26. While this improved the take a chance of winning any prize to 1 in 24, it also lengthened the jackpot odds to 1 in 292,201,338.[25] The 4+1 prize became $50,000; the 10x PowerPlay became available in drawings with a jackpot of nether $150 million.[26] Iii months later, the format produced a $1.v billion jackpot, double the previous record, after 20 consecutive rollovers.[25] [27]

2020 COVID-19 adjustments and 2022 removal by Idaho [edit]

On April 2, 2022, the Powerball starting jackpot corporeality was temporarily reset from $40 million to $xx million with the annuity option, with at least a $2 million rollover for each drawing without a jackpot winner, due to the COVID-19 pandemic in the United States. This was washed to enforce social distancing and discourage crowding of selling venues for large jackpots, and to account for lower interest rates.[28]

On March x, 2022, post-obit Powerball's motility to expand its operations in Australia after that year and in the United Kingdom in 2022, the Idaho Legislature voted overwhelmingly to finish the state's participation in the lottery later more than than xxx years. State lawmakers cited fears of outside revenue beingness generated from the foreign involvement as reasons behind the vote. The removal will take place when non-The states jurisdictions are allowed to bring together; it was originally scheduled in August 2022 but was delayed equally plans for international expansion are indefinite.[29]

On May 23, 2022, Powerball announced that starting on August 23, 2022, draws would occur on Monday, in addition to Wednesday and Saturday. All other features remain the same.[30] Michelle Liles became the third regular hostess of the Powerball drawings serving alongside Arlen and Johnson. Outset in 2022, Randy Trainor serves as the substitute host.

Playing the game [edit]

Bones game [edit]

The minimum Powerball bet is $2. In each game, players select five numbers from a ready of 69 white balls and one number from 26 crimson Powerballs; the red ball number tin be the same as i of the white balls. The cartoon order of the five white assurance is irrelevant; all tickets bear witness the white ball numbers in ascending order. Players cannot use the drawn Powerball to friction match 2 of their white numbers, or vice versa. Players can select their own numbers, or have the terminal pseudorandomly select the numbers (called "quick option", "easy pick", etc.).

In each drawing, winning numbers are selected using ii ball machines: one containing the white assurance and the other containing the crimson Powerballs. 5 white balls are drawn from the first machine and the red ball from the second machine. Games matching at least three white assurance or the red Powerball win.

2 identical machines are used for each cartoon, randomly selected from four sets. The model of machine used is the Halogen, manufactured past Smartplay International of Edgewater Park, New Jersey. There are viii brawl sets (four of each color); ane set of each color is randomly selected before a drawing. The assurance are mixed past a turntable at the lesser of the machine that propels the balls around the chamber. When the automobile selects a ball, the turntable slows to take hold of information technology, sends information technology up the shaft, and and then down the track to the display. (The Florida Lottery is considering switching to a random number generator in 2022 for its in-state drawings; it is unknown whether Powerball would be affected.) If the onsite location is unavailable, as was the instance during Hurricane Michael, a fill-in machine is located at MUSL headquarters in Iowa.[31] The drawings are supervised past Carol and Visitor, CPA.

The double matrices and probabilities in the game's history:

Starting date Choice 5 White Balls from Field of Option 1 Red Ball from Field of Jackpot chance Power Play multiplier
Apr 22, 1992 45 45 1:54,979,154 None†
November five, 1997 49 42 1:fourscore,089,127 None†
March 7, 2001 49 42 1:eighty,089,127 1x-5x
October 9, 2002 53 42 1:120,526,769 2x-5x
August 28, 2005 55 42 one:146,107,961 2x-5x
Jan 7, 2009 59 39 ane:195,249,054 2x-5x
January fifteen, 2022 59 35 i:175,223,510 None
January 19, 2022 59 35 i:175,223,510 2x-5x
October seven, 2022 [32] 69 26 one:292,201,338 2x-5x; 10x‡

Power Play was introduced in 2001.
‡ten× available if jackpot is under $150 1000000.[26]

While Mega Millions and Powerball each accept similar jackpot odds despite having a different double matrix (Mega Millions is v/75 + 1/15), since Powerball is $two per play, it now takes $584,402,676 (not counting Power Play side bets) on average to produce a jackpot-winning ticket.

Power Play [edit]

For an additional $ane per game, a player may activate the Power Play option. Activating information technology multiplies lower-tier winnings (base prize $50,000 or less) by up to five, or 10 when the jackpot is under $150 million. Power Play is fatigued separately from the 6 numbers. The five+0 prize is automatically doubled to $2 one thousand thousand if Power Play is activated.

The dilemma for players is whether to maximize the chance at the jackpot or increase lower-tier winnings. If a thespian selects a fixed amount of money to spend on tickets at a certain time, the role player will requite up one guess of the winning ready of numbers every two times this player activates Ability Play in respect of one of the purchased tickets.

Power Play, when it began in 2001, was fatigued with a special wheel. In 2006 and 2007, MUSL replaced one of the 5× spaces on the Ability Play bike with a x×. During each month-long promotion, MUSL guaranteed that in that location would be at least i cartoon with a 10× multiplier. The promotion returned in 2008; the ball landed in the 10× space twice. After being absent in 2009, the 10× multiplier returned in May 2022 (later the Power Play drawing was changed to RNG.) The promotion was extended for the only time, every bit the 10× multiplier was not fatigued until June 12, 2022. The second prize 5× guarantee continued; the 10× applied to all non-jackpot prizes, as in previous promotions.

Power Play's success has led to similar multipliers in other games, most notably Megaplier, available through all Mega Millions members except California. The 2022 Powerball changes resulted in all eight lower-tier levels having "fixed" Ability Play prizes.[33]

On Jan 19, 2022, PowerPlay was modified; it used 30 balls with the post-obit distribution:

  • 2x(15)
  • 3x(nine)
  • 4x/5x: 3 each

On Oct 4, 2022, PowerPlay changed again, using 42 or 43† balls equally follows:

  • 2x(24)
  • 3x(xiii)
  • 4x(iii)
  • 5x(2)
  • 10x(one)†

† 10x available when jackpot is under $150 meg.

Prizes and odds [edit]

Payouts every bit of Oct 7, 2022:[34]

Matches Prize[a] Power Play 2x (ane in i.75) Power Play 3x (1 in three.23) Ability Play 4x (1 in 14) Power Play 5x (1 in 21) Odds of winning
Atomic number 82 only (0+i) $iv $8 $12 $16 $twenty 1 in 38.32[b]
one number plus Atomic number 82 (i+ane) $4 $eight $12 $xvi $20 1 in 91.98
2+i $seven $14 $21 $28 $35 1 in 701.33
3+0 $7 $fourteen $21 $28 $35 1 in 579.76
three+1 $100 $200 $300 $400 $500 ane in 14,494.11
4+0 $100 $200 $300 $400 $500 one in 36,525.17
4+1 $50,000 $100,000 $150,000 $200,000 $250,000 1 in 913,129.18
five+0 $ane,000,000 $2,000,000[c] 1 in 11,688,053.52
5+1 Jackpot[d] 1 in 292,201,338

Overall odds of winning a prize are 1 in 24.87.

Old prizes/odds (Jan 19, 2022 – October three, 2022):

Matches Prize[a] Power Play 2x (i in 2) Power Play 3x (1 in 3 1/3) Ability Play 4x (1 in 10) Power Play 5x (1 in ten) Odds of winning[36]
Lead only $iv $8 $12 $16 $xx ane in 55.41
ane number plus PB $4 $eight $12 $xvi $twenty 1 in 110.81
2 numbers plus PB $vii $14 $21 $28 $35 1 in 706.43
3 numbers; no PB $vii $14 $21 $28 $35 ane in 360.14
iii numbers plus Atomic number 82 $100 $200 $300 $400 $500 i in 12,244.83
4 numbers; no Atomic number 82 $100 $200 $300 $400 $500 1 in 19,087.53
four numbers plus PB $10,000 $xx,000 $xxx,000 $xl,000 $fifty,000 i in 648,975.96
five numbers; no PB $1,000,000 $2,000,000[c] 1 in 5,153,632.65
five numbers plus PB Jackpot[d] 1 in 175,223,510.00

Overall odds of winning were ane in 31.85.

  1. ^ a b California's prize amounts are always parimutuel because its land penal code distinguishes betwixt a "lottery" which cannot exist broken and a "banked game" whose depository financial institution theoretically could be cleaved. Only a "lottery" was authorized past the state Lottery Act. Therefore, Power Play is not offered in California.
  2. ^ Odds of winning 0+1 prize are i:38.32 instead of 1:26 equally there is the possibility of also matching at least 1 white ball.[35]
  3. ^ a b $2,000,000 fixed for match 5+0 with Ability Play every bit of 2022 format change.
  4. ^ a b Power Play multipliers do not utilise to jackpot. Jackpot is split up among multiple winners.

All not-jackpot prizes are fixed amounts (except in California); they may be reduced and paid on a parimutuel footing, with each member paying differing amounts for the same prize tier, if the liability exceeds the funds in the prize pool for any game fellow member.[37]

Jackpot accumulation and payment options [edit]

Jackpot winners accept the option of receiving their prize in cash (in ii installments; one from the winning jurisdiction, then the combined funds from the other members) or as a graduated annuity paid in thirty yearly installments. The pre-tax amount of the kickoff annuity payment is approximately 1.505% of the jackpot amount. Each annuity payment is 5% higher than in the previous year to adjust for aggrandizement.[38]

The advertised estimated jackpot represents the full payments that would be paid to jackpot winner(due south) should they accept the annuity option. This judge is based on the funds accumulated in the jackpot puddle rolled over from prior drawings, expected sales for the next drawing, and market place interest rates for the securities that would be used to fund the annuity.[3] The estimated jackpot usually is 32.5% of the (non-Power Play) revenue of each base ($one) play, submitted by game members to accumulate into a prize puddle to fund the jackpot. If the jackpot is not won in a particular cartoon, the prize pool carries over to the adjacent drawing, accumulating until there is a jackpot winner. This prize puddle is the cash that is paid to a jackpot winner if they choose greenbacks. If the winner chooses the annuity, current marketplace rates are used to calculate the graduated payment schedule and the initial installment is paid. The remaining funds in the prize pool are invested to generate the income required to fund the remaining installments. If at that place are multiple jackpot winners for a drawing, the jackpot prize pool is divided every bit for all such plays.

MUSL and its members accept all investment hazard and are contractually obligated and liable to the winner to make all scheduled payments to annuity winners. If a jackpot ticket is non claimed, the funds in the prize pool are returned to members in proportion to the amount they contributed to the prize pool. The members have different rules regulating how unclaimed funds are used.[iii]

When the Powerball jackpot is won, the next jackpot is guaranteed to exist $twenty million (annuity). If a jackpot is not won, the minimum rollover is $10 one thousand thousand. The greenbacks in the jackpot puddle is guaranteed to be the current value of the annuity. If revenue from ticket sales falls below expectations, game members must contribute additional funds to the jackpot pool to cover the shortage; the near likely scenario where this tin occur is if the jackpot is won in consecutive drawings.

Considering of the COVID-19 pandemic in the United states and resulting drib in ticket sales plus the falling involvement rates on which annuity prizes were based, Powerball administrators reduced the minimum starting jackpot to $xx million, and the minimum increase to $ii million when the previous jackpot is not won.[39]

Challenge prizes [edit]

A winning ticket must exist claimed in the jurisdiction in which it was purchased, regardless of residence. The minimum age to play Powerball is xviii, except in Nebraska (xix), and Arizona, Iowa, Louisiana and Mississippi (21).

By and large, Powerball players practise non take to choose greenbacks or annuity unless they win a jackpot (then they normally have threescore days to choose). Exceptions include Florida and Missouri; the 60-day "clock" starts with the drawing, and so a jackpot winner who wishes to accept the cash option needs to brand firsthand plans to merits their prize. New Jersey and Texas require the cash/annuity choice to be made when playing; in New Jersey, an annuity ticket tin can be changed to cash later on winning, while in Texas, the choice is binding. (When the cash option was introduced in 1997, all Powerball players had to make the pick when playing. This regulation was phased out by 1999.) All Powerball prizes must exist claimed within a menses ranging from 90 days to a year, depending on where the ticket was bought.

Powerball winnings in California are subject to Federal income tax simply. Conversely, Powerball winnings in Puerto Rico are not field of study to Federal Income Tax, only local tax. There is no state income tax in Florida, South Dakota, Texas, Washington and Wyoming, and simply on involvement and dividends in Tennessee and New Hampshire. Winnings from tickets purchased outside of one's habitation country may exist subject field to the income tax laws of both states (with possible credit based on the two jurisdictions.)

Secondary prizes [edit]

Dissimilar the jackpot puddle, other prizes are the responsibility and liability of each participating lottery. All acquirement for Powerball ticket sales not used for jackpots is retained by each member; none of this revenue is shared with other lotteries. Members are liable merely for the payment of secondary prizes sold there.

Since the secondary prizes are defined in fixed amounts (except in California), if the liability for a given prize level exceed the funds in the prize puddle for that level the amount of the prize may be reduced and the prize pool exist distributed on a parimutuel basis and result in a prize lower than the fixed amounts given in the prize tables.[40] Because the secondary prize pools are calculated independently, information technology is possible lower-tier prizes volition differ amid the game members.

Notable wins [edit]

Considering the quoted jackpot amount is an annuity of xxx graduated annual payments, its cash value relative to the annuity fluctuates. The actual ratio depends on projected interest rates and other factors. MUSL starts with the cash value, built from a pct of sales, and and then calculates the advertised jackpot amount from that value, based on the boilerplate costs of the three best securities bids.[41]

On March 27, 2022, a single ticket purchased in Wisconsin was the just winner of a $768.4 million ($477 million greenbacks) Powerball jackpot, the third largest in U.S. lottery history. The winner of the enormous prize was identified as a 24-year-old Wisconsin man.[42]

On August 23, 2022, the owner of a Powerball ticket sold in Chicopee, Massachusetts won more than than $750 one thousand thousand, one of the largest prizes in the lottery's history.[43] a mother of 2 from Massachusetts was the lucky winner.[44]

On Jan 13, 2022, the world's largest lottery jackpot, an annuity of approximately $1.586 billion, was dissever amidst three Powerball tickets in Chino Hills, California, Melbourne Beach, Florida and Munford, Tennessee, each worth $528.eight million. Since there is no income revenue enhancement in Florida or Tennessee (and California does not tax lottery winnings), the cash option afterward Federal withholdings is $187.ii million each.[45]

On May 18, 2022, the world's largest ane-ticket jackpot, an annuity of approximately $590.5 million ($656 million today), was won past a Powerball ticket sold in Zephyrhills, Florida.[46] On June five, Florida Lottery officials announced the winner who purchased the "quick pick" ticket at a Publix supermarket.[47] the winner chose the cash choice of approximately $370.8 meg, before Federal withholding; Florida does not have a state income taxation.[47]

Other winners in backlog of $250 million: On December 25, 2002, the president of a construction firm in Putnam County, Due west Virginia, won $314.nine million ($453 1000000 today), then a new record for a single ticket in an American lottery. The winner chose the cash option of $170 million, receiving approximately $83 million afterward West Virginia and Federal withholdings.[48]

On October 19, 2005, a family from Jacksonville, Oregon won $340 1000000 ($451 million today).[49] The winers chose the cash payout of $164.4 million (before withholdings), smaller than a previous winners cash payout in 2002 due to a then-contempo change in the annuity construction.

A jackpot of $365 million ($469 one thousand thousand today) was won on February 18, 2006 past one ticket in Nebraska. Information technology was shared by 8 people who worked at a meatpacking plant.[50] The grouping chose the cash pick of approximately $177.three meg, earlier withholdings.

On August 25, 2007, a jackpot worth $314 1000000 ($392 million today) was won by a retired auto worker from Ohio; that ticket was bought in Richmond, Indiana, a community that had previously sold a jackpot-winning ticket of over $200 million.[51]

In November 2022, three Greenwich, Connecticut, financial executives shared a jackpot of $254.2 million ($292 1000000 today), the largest prize on a Connecticut-bought ticket. Choosing the cash option, the men split nigh $104 one thousand thousand later on withholdings. The jackpot, at the time, was the 12th largest in Powerball history.[52]

Fortune cookie payout [edit]

The Powerball drawing on March xxx, 2005, produced 110 second-prize winners. The total payout to these winners was $xix.4 one thousand thousand, with 89 winners receiving $100,000 each, while the other 21 winners received $500,000 each as they were Power Play selections.[53]

MUSL officials initially suspected fraud or a reporting error. However, all 110 winners had played numbers from fortune cookies fabricated by Wonton Nutrient Inc. of Long Island Urban center, New York. The factory had printed the numbers "22, 28, 32, 33, 39, 40" on thousands of fortunes. The "xl" in the fortune did non friction match the Powerball number, 42. None of the employees of Wonton Food played those numbers; at the fourth dimension, the closest game fellow member was Connecticut.[54] Since the ticket holders had won as issue of a coincidence rather than foul play, the payouts were made.[55]

Had the fortune cookie given 42 every bit the Powerball number, these winners would have shared the $25 million jackpot: each $227,272 annuity or $122,727 cash (earlier withholdings).[56] The fortune on the cookie read: "All the preparation you've done will finally be paying off."[54]

Computers and slot machines [edit]

In 2006, WMS Gaming released a range of slot machines under the Powerball brand proper noun. In 2007, the Oregon Lottery released a Windows Sidebar gadget that displays the winning numbers for Powerball in real-time. The gadget as well provides big jackpot announcements.

The New York Lottery introduced a Powerball scratchcard in 2022. V winning numbers plus a Powerball were printed across the top of the card, with 12 opportunities to friction match. Matching the winning numbers or the Powerball won. The top prize was $1 million (annuity); different actual Powerball, at that place was no cash selection for the peak prize.[57]

Run into also [edit]

  • Mega Millions
  • Multi-Country Lottery Association (MUSL)
  • Lottery jackpot records

References [edit]

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External links [edit]

  • Official website Edit this at Wikidata
Preceded by World'due south largest lottery jackpot
January 13, 2022 – October 23, 2022
Succeeded by

Mega Millions

Source: https://en.wikipedia.org/wiki/Powerball

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