What’s in the Next Powerball Draw?
Powerball is an American lotto game offered by forty-five states, the District of Columbia, Puerto Rico, and the US Virgin Islands. It is operated by the Multi-Union, a non-profit organization formed by a legal agreement with US corporations and lobbyists. Powerball is played in ninety-two countries around the globe. It originated in California and New Mexico. A powerball jackpot is the term used for the amount of money won in the Powerball game.
Powerball was the brainchild of lawyer and investor Robert E. Johnson, who made a play for money on the New Year’s Day in 1947. Later that year the first Powerball drawings were held, and in that year the total proceeds from Powerball ticket sales topped one million dollars. Powerball came into prominence in subsequent years when the United States lottery began a developmental program based on a model developed in Australia. Powerball got its start as a lottery game in the state of Vermont. The Powerball Lottery Commission is the sole issuer of the Powerball lottery rules and regulations. Rules for Powerball are published in the Powerball Guidebook, which is distributed to all Powerball retailers, agents, and other customers.
The Powerball ‘Buyer’s Guide’ has instructions for buying Powerball tickets online. In April and may, the Powerball ‘Publishers Guide’ provides additional information about the Powerball lottery. The second volume of the Powerball Guidebook was released in Sept 2010 and has a complete list of Powerball winners.
There was a jackpot-sized increase in Powerball sales, as the new April of 2012 format changes upped ticket sales by fifty percent. The second biggest jackpot increase came with the second most popular Powerball drawing of the year, held in January of this year. The second largest jackpot was won by a Powerball winner in July. The Powerball winners in this January and July draws each earned more than one-hundred thousand dollars. This is the highest amount of ever earned in a single Powerball draw.
The Powerball ‘jackpot’ is composed of ten lots: the Top prize is valued at a reported $3.9 Billion; the Second prize is valued at nearly as much; the third prize is another thirty graduated with increasing values; the fourth prize is valued at forty-five; the fifth prize is yet another thirty graduated and so on till the winning ticket is sold. The process of choosing between the Lots is usually done by a Powerball retailer. When a customer wins a Powerball, he must request to be paid in cash by surrendering his winning ticket to the dealer. Powerball winners must wait for ninety days from the date of issue of winners to redeem their winnings. In cases where the winning lot is small, the quantity that can be redeemed will also be small.
There are other terms used in Powerball, which make it easier for Powerball players to understand the game’s mechanics. When a winning ball is drawn, the Powerball player with the highest bid and then asked to surrender his ticket will be asked to join the Millionaire Maker program. The term ‘millionaire maker’ has been coined by the developers to refer to the prospect of joining Mega Millions lottery. The lottery’s prize structure rewards members who buy their Powerball tickets the most, but Powerball players who join the Millionaire Maker program are rewarded with the same amount of prize money as other Powerball winners.
The structure of Powerball draws and the way the Powerball winners are rewarded are similar to that of other lottery games. Powerball winners receive a Powerball number, an entry into a drawing for a specific drawing, and then the winner receives an unassigned place in the draw of a specific Powerball number or value. Powerball jackpots are on average of $2 million and they increase every year. Other prizes may be offered in connection with Powerball draws, but these are not treated as installments in the Powerball jackpot.
The March 2010 cross-sell expansion set the tone for what to expect in the future. Powerball players can participate in Powerball Online games, play in online bingo tournaments, and attend online social shopping sites. The idea of Powerball being played around the world in different countries is further explored. The newest addition to the Powerball jackpot is the “million dollar round.” The March 2010 cross-sell expansion featured new drawing formats, so there is likely more to come in the future.