American Powerball is a lottery game offered by 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
It is important to note that the odds of winning Powerball number games are small; Your odds of winning the Powerball Jackpot are 1 in 292 million. In most states, if not all states, the law requires that a person must be at the age of 21 or older to gamble. The American Powerball lottery is coordinated by The State Lottery Association, which is an organization formed by an agreement with lobbyists and US corporations. The first power ball drawing was on April 19, 1992. Drawings are held every Monday, Wednesday, and Saturday evening at 10:59 p.m. Eastern Time.
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The History Of Powerball In America
Powerball is an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. It is coordinated by the State Lottery Association as a nonprofit organization formed by an agreement with lobbyists and US corporations. From its inaugural drawing on April 19, 1992, until August 21, 2021, Powerball drawings were held twice a week (Wednesday and Saturday); a third weekly drawing (held Mondays) was added on August 23, 2021. Drawings are held every Monday, Wednesday and Saturday evening at 10:59 p.m. Eastern Time, at Florida Lottery headquarters in Tallahassee.
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 held at the Florida Lottery's studio in Tallahassee. Powerball's minimum advertised jackpot is $20 million (annuity); Powerball's annuity is paid in 30 graduated installments or winners may choose a lump sum payment instead. One lump sum payment will be less than the total of the 30 annual payments because of the time value of money and also because one check for a much larger sum will be taxed at a greater rate than 30 checks each at a much lower sum will be taxed. 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.
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 2012
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