Lotto America was the name used in place of Powerball back in 1988. 1992 was; however, the year tables turned, and the Powerball got reborn. It was the first game ever to use two drums for draws. The tradition continues to date.
Twenty-seven years later, Powerball is a lottery enjoyed by forty-four American states, the U.S. Virgin Islands, the District of Columbia, and Puerto Rico. Global players also have an equal chance of taking part in the lottery through the Powerball website.
Powerball is, thus, the most popular lottery game in the world. The lottery awarded $1.586 billion to three lucky winners in 2016, $758.7 million to a single participant in 2017, and $768.4 million to another solo competitor in 2019. Powerball has, therefore, proven itself faithful to the cause because every player has an equal chance of winning.
Besides, the game features nine prize divisions. A player must, however, choose five winning numbers from a drum of one to sixty-nine to record a score. A Powerball entry is also necessary to hit the jackpot. Players select such a number from a separate drum of one to twenty-six.
You must, anyhow, list the Powerball right for you to access the other prize divisions. Doing so also guarantees you of a cash prize of between one and two million dollars. But your success lies on you choosing the Power Play option when buying a ticket.
With Powerball draws held every Wednesday and Saturday evening, you must update your email notifications regularly. If possible, you can use the Powerball app to track your progress. But how do you collect your prize as a jackpot winner?
Well, you have two options. You can either go for the annuity or lump-sum payment option. Annuity attracts a 5% interest and guarantees you of prompt payments every year, and for twenty-nine years. Also, the grant is exempt from excess taxation. The lump-sum option, although ideal for many players, attracts huge taxes which is why you must take the annuity.