The tremendous appeal of buying lottery tickets isn’t just a modern trend.
The first recorded history of lottery tickets were Keno slips from the era of Han Dynasty in China, way back around 200 B.C. It is believed that the sale of these early lottery tickets was used to help build the Great Wall of China.
Who hasn’t dreamed of winning the lottery?
With jackpots sometimes soaring into hundreds of millions, it’s no wonder that millions of players buy tickets for a chance to win!
The Powerball Lottery, first started in 1987, belongs to the Multi-State Lottery Association; a non-profit, government benefit association owned and operated by its member lotteries.
Powerball was the first lottery game to use two drums for drawing winning numbers, which offers much more flexibility in the game design, as well as allowing for the possibility of high jackpot odds, plus low odds for lesser prize levels.
At present, Powerball is the number one lottery game played in the US. It is played in 30 states, the District of Columbia and the US Virgin Islands.
The 30 participating Powerball lottery states are:
Arizona, Colorado, Connecticut, Delaware, Florida, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Mexico, North Dakota, North Carolina, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Vermont, Wisconsin and West Virginia---plus the District of Columbia and the US Virgin Islands.
Powerball, a combined large jackpot and cash game, has a base prize of $20 million.
When are Powerball Drawings Held?
Prize drawings are held every Wednesday and Saturday night at 10:59 pm EST, when five white balls are drawn out of a drum with 59 white balls, and one red ball is drawn from a drum with 39 red balls.
There are nine ways to win, with the jackpot being the most coveted prize.
The Powerball jackpot is won by matching all five white balls in any order PLUS the red Powerball.
Winners may choose either an annuity prize that is paid out over 29 years, with 30 payments altogether counting the initial payment; or a lump sum payment. If the winner chooses the annuitized payment, the annual payment is increased every year by the percentage that is set out in the Powerball game rules.
Where Can You Check the Winning Powerball Numbers?
Powerball drawings can be watched on almost 100 television channels across the nation, or you can visit the Powerball website where winning numbers are posted.
Winners of $600 or less can usually cash their winning ticket at any retailer in the state where the ticket was purchased. You do not have to cash your winning ticket at the same location where it was purchased, but you do have to cash it within the same state.
You can also claim any prize, either below or above $600, at your state’s lottery headquarters, or even by mail!
Can I Buy Powerball Tickets Online?
If you live in 29 states and the District of Columbia where Powerball is allowed, you can purchase lottery tickets from the retailers. Otherwise you can buy Powerball tickets online. With a lot of scam going around, make sure you are buying from a reputable website. Otherwise you may simply lose your whole winning along with your card details.
Winnings greater than $600 are subject to Federal income taxes.
The largest Powerball jackpot won to date was in February 2006, when eight factory workers split one winning ticket worth $365 million.
Playing the lottery is fun and exciting!
If you are like most of us, spending $1---the cost of a lottery ticket---isn’t going to change your everyday life.
But winning many millions of dollars from that $1 expenditure would certainly change your life, wouldn’t it?
So, if you have never played for a chance to win the big money in a Powerball jackpot, maybe you should give it a try and buy a Powerball lottery ticket!