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Powerball

American lottery game

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Powerball is an American lottery game offered by 44 states, the District of Columbia, Puerto Rico and the US 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.

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Powerball jackpot jumps to $550 million

There was no Powerball winner Saturday, upping Wednesday's estimated jackpot to $550 million -- or a lump sum payout of $335 million. The odds of winning are 1 in 292 million.
CBS News - Published

Powerball jackpot soars to $550 million after top prize goes unclaimed

The Powerball jackpot is up to $550 million after no one won it all Saturday night, however there were million-dollar tickets sold in several states.
USATODAY.com - Published

Powerball winning numbers announced for $495M jackpot

The jackpot is up to $495 million with a one-time cash option of $300.2 million
CBS News - Published

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