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Powerball is an American lottery game offered by 44 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. It is coordinated by the Multi-State Lottery Association (MUSL), a nonprofit organization formed by an agreement with US lotteries. Powerball's minimum advertised jackpot is $40 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.


Washington Capitals executive Sergey Kocharov wins $1 million lottery prize

Washington Capitals VP of Communications Sergey Kocharov claims $1 million prize in the July 27 Powerball drawing.
USATODAY.com - Published

$198 million winning Powerball ticket sold in Tennessee

It was the seventh time that someone in Tennessee has purchased a ticket with all matching numbers.
USATODAY.com - Published

Your brain on gambling: Why we keep betting even when the chips are down

Whether it's Powerball, Mega Millions, a roulette wheel or slot machine the Monte Carlo fallacy trips our brains into thinking we could be a winner.
USATODAY.com - Published

Man wins $344M Powerball jackpot using fortune cookie numbers

A North Carolina man has a massive new fortune thanks to a cookie. Charles Jackson is the winner of the more than $344 million Powerball jackpot – the largest lottery prize in North Carolina history...
CBS News - Published

3/25: CBSN AM

Trump campaign did not collude with Russia; Powerball jackpot reaches 750 million
CBS News - Published

Wisconsin Powerball winner: "I screamed for about 5 or 10 minutes"

Nearly a month after the third largest jackpot in U.S. history, we finally know the identity of the Wisconsin man who became an overnight multi-millionaire. Manuel Franco, 24, claimed the $768 million..
CBS News - Published

24-year-old wins $768 million Powerball jackpot

A 24-year-old man from Wisconsin stepped forward Thursday to claim a $768 million Powerball jackpot. The prize is the third largest in history. "CBS Evening News" anchor Jeff Glor has more on the lucky..
CBS News - Published Also reported by •USATODAY.com

24-year-old Wisc. man wins $763 million lottery

A 24-year-old suburban Milwaukee man says he screamed for about 5 or 10 minutes after realizing he won a $763 million Powerball jackpot, the third largest in U.S. lottery history. (April 23)
USATODAY.com - Published

Milwaukee area man, 24, wins $768 million Powerball jackpot, 'felt lucky' buying ticket

The winning ticket was sold at a Speedway gas station in New Berlin, Wisconsin to 24-year-old Manuel Franco.
USATODAY.com - Published

New Berlin is buzzing after historic $768.4 million Powerball jackpot win

Excitement generated by the $768 million Powerball was evident in New Berlin, where the winning ticket was sold.
USATODAY.com - Published

Wisconsin Powerball winner unknown

Wisconsin Lottery officials say the winner or winners of the nation's third-largest lottery jackpot have not yet come forward. (March 28)
USATODAY.com - Published

Wisconsin residents react to local Powerball winner

Lottery officials say a single ticket purchased in Wisconsin has won the $768.4 million Powerball jackpot. It’s the third-largest in U.S. lottery history. The ticket was sold in New Berlin, a city of..
USATODAY.com - Published

Another Powerball drawing is coming but not everyone wants in on the office pool

Not everyone wants in on the office betting pool, despite a $40 million Powerball prize up for grabs and March Madness continuing through April 8.
USATODAY.com - Published

Officials revealing new details about winning Powerball ticket - live updates

A single ticket that matched all six Powerball numbers to win the estimated $768 million jackpot
CBS News - Published

Winning ticket sold in Wisconsin for U.S. Powerball $768 million lottery jackpot

A winning ticket was sold in Wisconsin for a $768 million Powerball lottery jackpot, the third largest in history, lottery officials said after the draw on Wednesday night.
Reuters - Published

Wisconsin Powerball ticket holder wins $768 million jackpot

A lucky lottery winner in Wisconsin is three-quarters of a billion dollars richer. This was the third largest jackpot in U.S. history. It's an estimated $768,400, 000. The lump sum payout would total..
CBS News - Published

AP Top Stories March 28 A

Here's the latest for Thursday March 28th: UK Parliament rejects multiple Brexit plans; More Rockland County, NY children getting measles shots; Woman sentenced for pushing friend of bridge; 1 winning..
USATODAY.com - Published

Powerball drawn for $768 million, third largest jackpot

A winning ticket was sold in Wisconsin for a $768 million Powerball lottery jackpot, the third largest in history, lottery officials said after the draw on Wednesday night.
Reuters - Published Also reported by •CBS News

Feeling lucky? Here are tonight's winning numbers in $750M Powerball drawing

The Powerball jackpot has grown since December, when a ticket sold in New York won an estimated $298.3 million.
USATODAY.com - Published

Powerball jackpot reaches $750 million

It's been three months since a Powerball player took home the game's multimillion-dollar jackpot. Wednesday night could see another lucky winner, with an estimated $750 million up for grabs. It's the..
CBS News - Published Also reported by •USATODAY.com

Barbara Bush, a Republican? 'Probably' not

From the Powerball jackpot to measles in New York, here's Wednesday's top news.
USATODAY.com - Published

Should you take your $750 million Powerball jackpot as a lump sum or annual payments?

A Powerball winner has two options: Take a lump sum or 30 annual payments. Which one is better moneywise?
USATODAY.com - Published

Powerball lottery jackpot hits $750 million: Here's 12 things not to do should you win

Winning the $750 million Powerball lottery seems like a dream. But some winners have gone broke. Here's what not to do should your numbers hit.
USATODAY.com - Published

Powerball jackpot: Read these tips before joining that workplace lottery pool

Workplace lottery pools may increase your odds of winning Wednesday's $750 million Powerball jackpot, but is it wise? Here's what an expert says.
USATODAY.com - Published

Powerball's Wednesday drawing will be for $750M: Here's what you need to know

The largest lottery jackpot of 2019 has swelled to an estimated $750 million for Wednesday's Powerball drawing.
USATODAY.com - Published

Powerball jackpot now $750M after no winning ticket drawn

After no winner claims the prize Saturday, Powerball jackpot increases to fourth-largest in U.S. history.
USATODAY.com - Published

Powerball numbers drawn for $638.8 million jackpot: Did you win?

Powerball on March 23 is actually worth $638.8M, fourth-largest ever
USATODAY.com - Published Also reported by •CBS News

U.S. Powerball jackpot soars to $625 million ahead of Saturday's drawing

The U.S. Powerball jackpot leaped to at least $645 million on Thursday ahead of its second drawing after no one claimed the winning numbers announced on Wednesday, when the cash prize was at $550..
Reuters - Published

Powerball winning numbers announced for $550 million jackpot

There was no Powerball winner in the last drawing, making Wednesday night's jackpot an estimated $550 million
CBS News - Published

Here's how the Powerball winning numbers are selected

What millions people see as a kinetic jumble of white and red balls in bubbles starts hours before the drawings, guarded by protocol and lock and key.
USATODAY.com - Published

Powerball jackpot climbs $550M: Everything you need to know

Here's what you need to know about Powerball draw days, draw times, numbers and more.
USATODAY.com - Published

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