American lottery game
Powerball ▸ Facts ▸ Comments ▸ News ▸ Videos
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 Multi-State Lottery Association (MUSL), a nonprofit organization formed by an agreement with US lotteries. 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.
You Might Like
Winning $396.9 million Powerball ticket sold in FloridaOne lucky ticket sold in Florida matched all six numbers in the Powerball Wednesday night and is worth $396.9 million, according to lottery officials.
Powerball, Mega Millions: These are the luckiest states for jackpot winnersIs Indiana lucky? People from that state represent 10% of all Powerball jackpot winners. New York has the most Mega Millions winners.
Washington Capitals executive Sergey Kocharov wins $1 million lottery prizeWashington Capitals VP of Communications Sergey Kocharov claims $1 million prize in the July 27 Powerball drawing.
$198 million winning Powerball ticket sold in TennesseeIt was the seventh time that someone in Tennessee has purchased a ticket with all matching numbers.
Your brain on gambling: Why we keep betting even when the chips are downWhether 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.
Man wins $344M Powerball jackpot using fortune cookie numbersA 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...
3/25: CBSN AMTrump campaign did not collude with Russia; Powerball jackpot reaches 750 million