POWERBALL

Powerball

Powerball is an American lottery game sold by 45 lotteries as a shared jackpot game. It is coordinated by the Multi-State Lottery Association, a non-profit organization formed by an agreement with various U.S. lotteries. Since the format change on January 15, 2012, Powerball's minimum advertised jackpot is $40 million with a potential of nine-figure prizes. Its annuity option is paid in 30 graduated installments; winners may choose a cash payment instead. Powerball drawings are held on Wednesday and Saturday evenings at 10:59 p.m. Eastern Time. The game uses a 5/59 + 1/35 matrix from which winning numbers are chosen. Each play costs $2, or, with the Power ...

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