Powerball
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Powerball is an American lottery game sold through U.S. lotteries as a shared jackpot pool game. It is coordinated by the Multi-State Lottery Association (MUSL), a non-profit association formed by an agreement with member lotteries. The PowerBall is an accumulating jackpot game who's advertized grand prizes start at $20 million and can rollover into hundreds of millions over several drawings where no winning ticket is sold. The advertised Jackpot prize is paid as an annuity over 29 years or players may elect to recieve prize a lower lump sum. Powerball drawings are held every Wednesday and Saturday at 10:59 p.m. Eastern time. The Powerball currently uses a 5/59 (white balls) + 1/39 (the PowerBall) matrix to select it's winning numbers. Each ticket cost players $1 for the base game and players may opt to pay an extra $1 to enhanse their non-jackpot winning prizes up to 5x with the PowerPlay multiplier. The cut off time for ticket is 1 hour before the drawing, although some jurisdictions cut off sales earlier that that[1]. The drawings are regularly held at Universal Studios in Orlando, Florida. Occasionally, drawings are held at remote locations, sometimes to promote the game's expansion to new locations. The results of drawings are not official until they are audited by the accounting firm LWBJ, LLP.
Powerball currently holds the record for the largest single prize awarded by a Lottery set back on February 18th, 2006 when a single ticket won the advertised $365 million jackpot. The winner elected to take the lump sum and was awarded the prize pool of $177,270,519.67.
The expansion of Mega Millions and Powerball in 2010
On October 13, 2009 the MUSL and Mega Millions consortiums signed an agreement to allow members to join the other game and no longer require exclusivity. The expansion occurred on January 31, 2010, as ten Mega Millions members began selling Powerball tickets for their first drawing on February 3, 2010. On the same day twenty-three Powerball members began selling Mega Millions for their first drawing on February 2, 2010. This resulted in Powerball now being played in 43 jurisdictions while Mega Millions is available in 35 jurisdictions. Thirty-three now sell tickets for both games.
Some of the remaining 10 Powerball only jurisdictions and two remaining Mega Millions only states may also offer both games in the future, possibly as soon as the spring of 2010. It is likely this cross-selling arrangement is a temporary measure as the Lotteries investigate the possibility of merging the two games to establish a single national lottery.[2]
Current and future participating members
PB = Powerball (Lotto America until April 1992); MM = Mega Millions (The Big Game" until May 2002)
Both Powerball and Mega Millions
- Arkansas (PB October 31, 2009) (MM January 31, 2010)
- Connecticut (PB 1995) (MM January 31, 2010)
- Delaware (PB 1991) (MM January 31, 2010)
- District of Columbia (PB 1988) (MM January 31, 2010)
- Georgia (PB January 31, 2010) (MM 1996)
- Idaho (PB 1990) (MM January 31, 2010)
- Illinois (PB January 31, 2010) (MM 1996)
- Indiana (PB 1990) (MM January 31, 2010)
- Iowa (PB 1988) (MM January 31, 2010)
- Kansas (PB 1988) (MM January 31, 2010)
- Kentucky (PB 1991) (MM January 31, 2010)
- Maryland (PB January 31, 2010) (MM 1996)
- Massachusetts (PB January 31, 2010) (MM 1996)
- Michigan (PB January 31, 2010) (MM 1996)
- Minnesota (PB 1990) (MM January 31, 2010)
- Missouri (PB 1988) (MM January 31, 2010)
- New Hampshire (PB 1995) (MM January 31, 2010)
- New Jersey (PB January 31, 2010) (MM 1999)
- New Mexico (PB 1996) (MM January 31, 2010)
- New York (PB January 31, 2010) (MM 2002)
- North Carolina (PB 2006) (MM January 31, 2010)
- North Dakota (PB 2004) (MM January 31, 2010)
- Oklahoma (PB 2006) (MM January 31, 2010)
- Pennsylvania (PB 2002) (MM January 31, 2010)
- Rhode Island (PB 1988) (MM January 31, 2010)
- South Carolina (PB 2002) (MM January 31, 2010)
- Tennessee (PB 2004) (MM January 31, 2010)
- Texas (PB January 31, 2010) (MM 2003)
- Vermont (PB 2003) (MM January 31, 2010)
- Virginia (PB January 31, 2010) (MM 1996)
- Washington (PB January 31, 2010) (MM 2002)
- West Virginia (PB 1988) (MM January 31, 2010)
- Wisconsin (PB 1989) (MM January 31, 2010)
Powerball Only
- Arizona (PB 1994) (MM in Spring 2010)
- Colorado (PB 2001) (MM in Spring 2010)
- Florida (PB 2009) (No MM plans yet[3][4])
- Louisiana (PB 1995) (MM in Spring 2010)
- Maine (PB 2004) (MM April 4, 2010)
- Montana (PB 1989) (MM in Spring 2010)
- Nebraska (PB 1994) (MM March 20, 2010)
- Oregon (PB 1988) (MM in Spring 2010)
- South Dakota (PB 1990) (MM in Spring 2010)
- U.S. Virgin Islands (PB 2002) (MM in Spring 2010)
Powerball Maybe?
- California (PB in Spring 2010) (MM 2005)
- Ohio (PB in Spring 2010) (MM 2002) [5] [6]
Background and history
Lotto*America
Powerball's predecessor began in 1988[7]; it was known as Lotto*America. The game, and name, were officially changed to Powerball on April 19, 1992. The first drawing was held on April 22, 1992.
Maine joined MUSL in 1990, dropping out when Powerball began in 1992; it did not rejoin MUSL until summer 2004.
Powerball Begins
When it was launched Powerball became the first game to use two drums as its core game. Using two drums offers more flexibility in game design, allowing for the possibility of high jackpot odds, numerous prize levels, and low overall odds of winning at the same time. (As explained later, a Powerball ticket can win by matching only one number.) The two-drum concept was suggested by Steve Caputo of the Oregon Lottery. The two-drum concept has since been copied by Mega Millions (formerly The Big Game) in the U.S., Australia's Powerball, Thunderball in the United Kingdom, and EuroMillions.
Through 2008, Powerball drawings were held Wednesdays and Saturdays, usually at Screenscape Studios in West Des Moines, Iowa. The drawings' main emcee was longtime Iowa radio personality Mike Pace, who had hosted MUSL drawings since the organization began in the late 1980s. In 1996, Powerball went "on the road" for the first time, holding five remote drawings at the Olympics.
Ironically, weeks later, the Georgia Lottery became the first, and only, lottery to leave Powerball. In August 1996, Georgia joined the then-new The Big Game (now Mega Millions), the other major US lottery group. It planned to sell tickets for both games for the remainder of that year; however, within a few days, Georgia was forcibly removed from MUSL not to retutn until the 2010 cross-sell expansion of both games.
On November 2, 1997, the annuity was changed from 20 to 25 yearly payments, and the cash option was added. Currently the annuity consists of 30 graduated payments (increasing 4% annually) over a period of 29 years.[8]
In 1998, Florida was given permission by its government to participate in a multi-jurisdictional game. It was set to offer Powerball; however, in early 1999, the new governor, Jeb Bush, prevented Florida from joining since he believed Powerball would hurt the existing Florida Lottery games. In 2008 Gov. Charlie Crist reversed the policy and Florida joined MUSL on January 4th, 2009. Lotto and Lotto Plus sales immediately tumbled forcing the Florida Lottery to terminate Lotto Plus in October 2009. In its place the Florida Lottery introduced Lotto Xtra, which is nearly identical to Powerball's PowerPlay. Citing concerns of diluting Powerball sales, Florida is still undecided as to whether to join Mega Millions.[9]
On March 7, 2001, an optional multiplier (called "PowerPlay") was added, allowing players to multiply non-jackpot winnings by up to 5 after paying an extra $1 per play. A wheel was introduced to select the PowerPlay multiplier for each drawing.
On October 9, 2002, the 1x was removed from the PowerPlay wheel.
Game change in January 2009; Florida hosts drawings
With the start of Powerball sales in Florida on January 4, 2009 (with its first participating drawing January 7), the matrices changed to 5/59 + 1/39 (adding four white ball numbers and dropping three red balls). This change has worsened the jackpot probability from 1:146 million to 1:195 million; the overall probability dropped to 1:35.
Based on statistical projections, the average jackpot won increases from $95 million to $141 million. Over 3.5 million additional prizes are expected to be won yearly (based on the same sales level) due to the drop in overall probability. The starting jackpot has increased to $20 million. The jackpot contribution has increased from 30.3% to 32.5% of total sales.
The PowerPlay option, available for an extra $1 charge per play, continues to multiply lower-tier prizes by either 2×, 3×, 4× or 5× with an equal chance of each multiplier, except that the Match 5+0 prize of $200,000 automatically has a multiplier of 5× for PowerPlay wagers, making the Match 5+0 prize $1 million, paid in a lump sum.
The special rules allowing for a Match 5+0 bonus second prize if the jackpot exceeds its previous record by $25 million, triggered only twice, continue.
The conditions for Florida joining Powerball included a relocation of the live drawings from West Des Moines, Iowa, to Universal Studios in Orlando, Florida. The three hosts rotating announcing duties from Universal Studios are Tracy Wiu, Elizabeth Hart, and Scott Adams. (MUSL headquarters remain in Iowa; its other games, except for its Ca$hola, continue to be drawn there.)
The wheel that was used to determine the PowerPlay multiplier has been retired; a random number generator (RNG) is used for the Florida drawings.
Arkansas Scholarship Lottery became the 33 Powerball member on October 31st, 2009[10], the last to join before the 2010 cross-sell expansion.
Cross-sell Expansion of 2010
In March 2009, it was reported that New Jersey, already a Mega Millions member, seeked permission to join Powerball. Shortly after New Jersey announced its desire to sell both games, discussions were revealed about possibly allowing each U.S. lottery to sell tickets for both Mega Millions and Powerball. On October 13, 2009 the Mega Millions consortium and MUSL reached an agreement in principle to cross-sell Mega Millions and Powerball in all U.S. lottery jurisdictions.[11]
In November 2009, MUSL signed an agreement to start streaming the live Powerball drawings online.[12]
On January 31st, 2010 Powerball sales expanded to 43 jurisdictions with the addition of ten original Mega Million states. The states which began selling Powerball tickets on this day were: Georgia, Illinois, Maryland, Massachussetts, Michigan, New Jersey, New York, Texas, Virginia, and Washington. On the same day twenty-three of the original Powerball members began selling tickets for Mega Millions leaving only 10 jurisdictions selling Powerball tickets exclusively. Of these, several may add Mega Millions in the future, possibly as soon as the spring of 2010.
Playing the game
Basic game
Currently, Powerball costs $1 per ticket. For each ticket they purchase, players must select five numbers from a set of 59 (white balls) and one number from a set of 39 (The PowerBall). Players can select their numbers on their own, or, they can elect to have the lottery computer randomly select one or more of their numbers (called "quick pick", "easy pick", etc. depending on the Powerball jurisdiction). For each drawing, the winning numbers are selected in the same fashion using two ball machines; one contains white balls numbered 1 through 59, and the second is the Powerball machine containing the red balls numbered 1 through 39. Five balls are drawn from the first machine, and one from the Powerball machine; these become the official winning numbers. Tickets which match at least three white balls and/or the red Powerball are winners.
The order of the selection of the white numbers is irrelevant and all tickets have those selections printed in numerical order. Players do not have to match the white number in draw order, but they cannot use the drawn Powerball number to match one of their white numbers selections. It is possible for the same number to be drawn as both a white number and the Powerball on the same drawing.
Two identical machines are used for each drawing, randomly selected from a total of four machines. The model of machine used is the Halogen, manufactured by Smartplay International of Edgewater Park, New Jersey. There are eight numbered sets of balls (four white, four red); one set of each color to be used for the drawing are also selected. The balls are mixed by a turntable at the bottom of the machine that propels the balls around the chamber. When the machine selects a ball, the turntable slows to catch it, sends it up the shaft, and then down the rail to the display.
Over the years the draw matrix has varied:
| Starting date | Pick 5 out of | Pick 1 out of | Odds to win Jackpot | PowerPlay multipliers |
|---|---|---|---|---|
| April 22, 1992 | 45 | 45 | 1:54,979,155 | none |
| November 5, 1997 | 49 | 42 | 1:80,089,128 | none |
| March 7, 2001 | 49 | 42 | 1:80,089,128 | 1x, 2x, 3x, 4x, 5x |
| October 9, 2002 | 53 | 42 | 1:120,526,770 | 2x, 3x, 4x, 5x |
| August 28, 2005 | 55 | 42 | 1:146,107,962 | 2x, 3x, 4x, 5x |
| January 7, 2009 | 59 | 39 | 1:195,249,054 | 2x, 3x, 4x, 5x |
PowerPlay
For an additional $1 per ticket, the player may activate the optional PowerPlay feature, which applies a multiplier drawn by random number generator, to all prizes except the jackpot. Depending on the PowerPlay number, players may multiply non-jackpot prizes by 2x to 5x. The multiplier for the 5+0 (second prize) is guaranteed to be 5x.
The dilemma for Powerball Players with the PowerPlay option is whether to use their planned bankroll to maximize the chances at the Jackpot with its astronomical odds, or instead half the chances at the jackpot and secondary prizes in exchange for an average 3.5x increase in the secondary prizes (sligtly higher than 3.5x as 5+0 always pays 5x).
A promotion from March 2 through March 29, 2006, replaced one of the four 5× slots, (when the multiplier was selected using a wheel), on the PowerPlay wheel with 10x. The 10× multiplier was drawn once, on March 11, 2006. The 10× multiplier returned in April 2007; again, it came up one time. The 10× space came back on April 2, 2008, with the ball finding the 10× space twice for the first time in a 10× promotional period. During each promotion, MUSL guaranteed that the ball would land in the 10× "space" least once, extending the promotion into a second month, and beyond that, if necessary.
PowerPlay's success has led to similar multipliers in some other games, such as the tripler in MUSL's smaller Hot Lotto, called Sizzler (Triple Sizzler in North Dakota), and Megaplier for 24 of the 35 Mega Millions members. The Florida Lottery added Xtra to its Florida Lotto game October 14, 2009.
Payout and odds
Payouts (on the base $1 play) are according to the following:
| Matches | Prize | Current probability of winning[13] |
|---|---|---|
| Zero numbers, plus Powerball | $ 3 | 1:61.74 |
| 1 number, plus Powerball | $ 4 | 1:123.48 |
| 2 numbers, plus Powerball | $ 7 | 1:787.17 |
| 3 numbers, no Powerball | $ 7 | 1:359.06 |
| 3 numbers, plus Powerball | $ 100 | 1:13,644.24 |
| 4 numbers, no Powerball | $ 100 | 1:19,030.12 |
| 4 numbers, plus Powerball | $ 10,000 | 1:723,144.64 |
| All 5 numbers, no Powerball | $ 200,000 | 1:5,138,133.00 |
| All 5 numbers, plus Powerball | Jackpot | 1 in 195,249,054.00 |
Overall probability of winning a prize is 1 in 35.11. All non-jackpot prizes are fixed amounts, although they may be reduced and paid on a parimutuel basis if the number of winners at each prize level exceeds the funds in the prize pool for that drawing.[14]
Some may notice that the odds of matching only the Powerball (1-39) are 1:62, instead of 1:39. This is because there is a chance of matching at least one white ball in addition to the Powerball. Additionally, some may calculate the jackpot odds at 1:17 billion versus the actual 1:~195 million. This is due to the lottery being concerned with combinations rather than permutations.[15]
To put these odds in perspective, in the US in 2008 there were 1.03 deaths per 100 million vehicle miles traveled[16]. A person living one mile from a retailer selling Powerball tickets is four times as likely to die in an accident traveling to and from that store (two miles) than winning the Powerball jackpot on a $1 play. (Jackpot odds = 1 in 195 million; chance of death from vehicle accident= 2 miles * 1.03 deaths / 100 million miles); 1 jackpot = 2 * 1.03 * 195 million / 100 million = 4.02 deaths.
Jackpot accumulation and payment options
Jackpot winners have the option of receiving their prize as a single lump sum payment or as a graduated annuity paid in 30 installments over 29 years. Each annuity payment is 4% higher than in the previous year to adjust for inflation over the length of the annuity.
The advertised estimated jackpot represents the total payments that would be paid out to a jackpot winner should they accept the 30-installment option. This estimate is based on the current funds accumulated in the jackpot prize pool rolled over from prior drawings, expected sales for the current sales cycle, and current market interest rates for the securities that would be used to fund the annuity.[17] The estimated Jackpot is usually 32.5% of the (non-Powerplay) revenue of every ticket sold is submitted by MUSL members to accumulate into a prize pool to fund the jackpot prize for each drawing. If no ticket wins the jackpot in a particular drawing, the prize pool carries over to the next drawing and continues to accumulate until someone wins. This prize pool is exactly the cash value that would be paid to a Jackpot winner if they elect to take the lump sum. If the winner chooses the annuity option current market rates are used to calculate the graduated payment schedule and the initial installment is paid. The remaining funds in the prize pool then invested to generate the income required to fund the remaining installments. If there are multiple tickets sold with the winning combination for a drawing, the jackpot prize pool will be equally divided for each of the winning tickets.
MUSL and its members accept all investment risk and are contractually obligated and liable to the winner to make all scheduled payments to jackpot winners. If a jackpot winning ticket fails to be redeemed, the funds in the prize pool will be returned to members in proportion to the amounts they contributed to the prize pool. Different Powerball jurisdictions have different laws regulating how unclaimed funds must be used.[17]
When the Powerball jackpot is won, the next jackpot is guaranteed to be at least $20 million (annuity). When the top prize is not won, the next jackpot is guaranteed to be at least $5 million higher than the prior drawing. The lump sum prize is guaranteed to be at least the current value of the annuity prize. If revenue from ticket sales fails to accumulate enough into the prize pool to equal the current value of the guaranteed annuity, MUSL members must contribute additional funds to the jackpot pool to cover the shortage. The most likely situation in which there would be a shortage in the jackpot pool is there are jackpot winners in consecutive drawings. Usually by the third drawing in a rollover series the jackpot pool is increased by more than the minimum $5 million.
When the Powerball jackpot reaches a new record, the annuity jackpot amount is capped at $25 million more than the prior drawing. If revenue from ticket sales for that drawing exceed the amount required to fund the $25 million increase to the annuity jackpot, the excess accumulates into a bonus prize pool. This is shared and paid in a lump sum to all tickets that match 5+0 if during the same drawing at least one ticket wins the jackpot. Otherwise, the amount accumulated in the bonus pool rolls over to the following drawing's bonus pool until the jackpot prize pool is won. If, unexpectedly, the bonus prize pool is to be awarded but there are no 5+0 tickets, the bonus prize pool is to be divided among all 4+1 winners. The bonus prize is in addition to the regular prize earned by the 5+0 or 4+1 ticket. Bonus prize pool funds for winning tickets that expire unclaimed are returned to the members in proportion they contributed to the prize pool for those drawings.
Claiming Prizes
Although players may cross state lines to purchase tickets sold in other jusidictions all prize claims must be made in the state that sold the winning ticket.
The minimum age to play Powerball is 18, except in Nebraska, where it is 19, and in Arizona, Iowa, and Louisiana, where it is 21.
Generally, Powerball jackpot winners do not have to choose cash or annuity until after claiming (then they usually have 60 days to do so). There are exceptions: in Florida and Missouri, the 60-day "clock" starts with the drawing, so a jackpot winner who wishes to take the cash option needs to make immediate plans to claim their prize. (In Idaho, winners have only 30 days after claiming to make the choice.) New Jersey and Texas require the cash/annuity choice to be made when playing; in New Jersey, an annuity ticket can be changed to cash after winning; however, in Texas, the choice is binding. (When the cash option was introduced in 1997, all Powerball players had to make the choice when buying tickets; this regulation was phased out by early 1999.) Powerball winners, including the jackpot, must claim their prizes within a period ranging from 90 days to one year, depending on the rules of the MUSL member where the ticket was bought.
Powerball winnings are exempt from local income taxes in Delaware, Pennsylvania, South Dakota, and the District of Columbia. There is no state income tax in Florida or South Dakota, and only on interest and dividends in Tennessee and New Hampshire; however, New Hampshire began collecting a 10% tax on lottery winnings in July 2009. [18] Winnings from tickets purchased across state lines may be subject to tax from the location of purchase (with possible credit for taxes paid to one's own jurisdiction, or vice versa).
Secondary prizes
Unlike the jackpot pool, the secondary and PowerPlay prizes are the responsibility and liability of each participating MUSL member. All revenues for Powerball ticket sales not earmarked for the jackpot pool, including the PowerPlay revenue, are retained by each member and none of this revenue is shared across participating lotteries. Members are liable only for the payment of secondary prizes sold in their jurisdiction.
Since the secondary prizes are defined in fixed amounts, on rare occasions, if the number of winning tickets at a prize level exceed the funds in the prize pool for that level, the amount of the prize may be reduced and the prize pool be distributed on a parimutuel basis and result in a prize lower that the fixed amounts given in the prize tables.[19] Because the secondary prize pools are calculated independently, it is possible the prize may be lower in one jurisdiction, yet remain at their advertised level in the other Powerball jurisdictions.
Winning expectation
Because the quoted jackpot amount is paid as an annuity over 29 years, its immediate cash value to the winner is close to, but less than, half the advertised amount of the prize. The actual ratio depends on projected interest rates and other factors. MUSL starts with the cash value, built from a percentage of sales (currently 30%) and then calculates the advertised Jackpot amount from that value based on the average costs of the three best securities bids.[20]
One strategy that could be employed by players is to only place bets in Powerball when the Jackpots have roll over several times and have accumulated to a large size Jackpot so that the long term winning expectation would yield greater than $1 in prizes for each $1 bet. This analysis is similar to one when a poker player calculates pot odds to determine if the expected return would be high enough to justify placing an additional bet in hope of overcoming the odds their hand could win the pot.
When the Jackpot is advertised at $200 million, the average expected return on each $1 bet placed for that single drawing is $0.68, compared to $.22 when the jackpot is reset to it's starting level. Breakeven is reached when the jackpot reaches an estimated at $323M. So if a single player only played Powerball when the jackpot met or exceeds $323M they should expect to win more than the amount bet over the long term. However this strategy will be very difficult to guarantee positive returned for three reasons. 1. These calculations don't account for the risk that there may be multiple tickets matching the winning numbers in a single draw and that the Jackpot and the 5+0 bonus prize pool must be shared equally among all winners with tickets matching the winning numbers. Additionally as the Jackpot increases, more tickets are sold for each drawing cycle increasing the likelyhood that a split jackpot will occur. 2. Taxes due on the winnings will eat into the returns unless the player was able to concentrate all their gambling losses in the same tax year as their gambling wins. 3. The Jackpot actually has to be hit to realize these inflated returns. Not many humans have the capability to live long enough to play every $323M+ jackpot or have the ability to purchase millions of tickets each drawing required to achieve these "long-term" average results.
With the jackpot at various levels, for each $1 bet, the net expected return across all players for that single drawing is:
| Prize Pool Lump Sum
32.5% of all ticket sold since last winner |
Expected Advertised Jackpot
29 year payout total approx 2x Lump Sum |
Expected return per $1 bet
For all players |
Notes |
|---|---|---|---|
| $10M | $20M | $0.226 | Smallest Garunteed Jackpot |
| $25M | $50M | $0.303 | |
| $50M | $100M | $0.431 | |
| $75M | $150M | $0.559 | |
| $97.681M | $195.362M | $0.675 | Breakeven if all combinations purchased<1> and only one winner24 |
| $125M | $250M | $0.815 | |
| $150M | $300M | $0.943 | |
| $161.137M | $322.274M | $1.000 | Long term breakeven if tax rate 0%3 and only 1 winner4 |
| $177.270K | $365M | $1.071 | Largest ever PowerBall Jackpot (single winner) |
| $195M | $390M | $1.173+5 | If level reached the $25 mil cap and 5+0 bonus prize in play. |
1If it were feasible for a single player to buy all 195,249,054 number combinations for a a single drawing, thier own ticket purchases would add an additional $63.456 million to the cash value prize pool.
2Taxes negligible as winnings would equal losses under this assumption.
3Taxes relevant as losses likely spread over many tax years but income earned immediately.
4Does not account for the risk that more than one player share the jackpot.
5A $25 million increase in estimated jackpot represents the sale of 38.461 million tickets for that one drawing. Each additional ticket sold above that amount increases the 5+0 payout if and only if the jackpot is won by another player simultaneously. Thus the expected payout at this level would ultimately be slightly higher than the calculated value here.
Largest payoffs
The largest Powerball jackpot of $365 million occurred on February 18, 2006 and was won by a single ticket in Nebraska. It was shared by eight persons who worked for a Conagra meatpacking plant.[21] They elected to receive their winnings as a lump sum in the amount of $177,270,519.67. This is currently the largest prize awarded to a single winner in any Lottery.
Jack Whittaker of West Virginia was the claimant to the then biggest one-ticket jackpot of $315 million on Christmas day 2002. He elected the lump sum cash payout of $170,505,876. He won almost $315 million on Christmas Day 2002.
On October 19, 2005 the West family of Jacksonville, Oregon won that eveings $340 million jackpot. But the prize pool for thier winning is actually smaller than the $315 million jackpot from December of 2002. Thier lump sum share was only $164,410,058.03. The family won less than two months after the rules were changed to generate larger estimated jackpots. Had the December 2002 jackpot been estimated under the current rules, it would have been $352.6 million.
On August 25, 2007, a jackpot worth $314 million was won by a retired auto worker from Ohio; that ticket was bought in Richmond, Indiana, a community that has sold two jackpot-winning tickets of at least $200 million each.
Fortune cookie payout
The Powerball drawing on March 30, 2005 game produced an unprecedented 110 second-prize winners, all of whom picked the five white balls correctly, but not also the Powerball number. The total payout to 5+0 winners was $19.4 million; 89 tickets won $100,000, and the other 21 tickets won $500,000 due to the Power Play option.
Powerball officials initially suspected a reporting error or fraud, but it turned out that all the winners received their numbers from fortune cookies made by Wonton Food Inc., a fortune cookie factory in Long Island City, Queens, New York. The factory had printed the five regular numbers (22, 28, 32, 33, and 39) on thousands of fortunes. The sixth number in the fortune, 40, did not match the Powerball number, 42. None of the employees of Wonton Food played those numbers. Since the matches had been the result of a coincidence and not foul play, the payouts had to be honored.
Computers and slot machines
In 2007, the Oregon Lottery released a new Windows Vista Sidebar gadget which relays the winning numbers for Powerball in live time. The gadget also provides large jackpot announcements.
In November 2007, the Lottery Post website released the Lottery Results Gadget for Windows Vista, providing near real-time winning numbers for Powerball, in addition to results for every other lottery game offered in each state. Likewise, new jackpots are pushed to the Windows Sidebar gadget after they are announced.
In 2006, WMS Gaming released a range of slot machines under the Powerball brand name.
See also
References
- ^ http://powerball.com/pb_contact.asp
- ^ http://news.yahoo.com/s/ap/20100129/ap_on_bi_ge/us_national_lottery_2
- ^ http://blogs.orlandosentinel.com/news_lottery/2010/02/florida-lottery-no-decision-on-mega-millions.html
- ^ http://blogs.orlandosentinel.com/news_lottery/2009/10/florida-lottery-hasnt-decided-if-it-wants-mega-million.html
- ^ http://www.ohiolottery.com/legal/notice_012610.html
- ^ http://www.ohiolottery.com/PDF/powerball_rules.pdf
- ^ Hoosier Lottery History
- ^ http://powerball.com/pb_history.asp
- ^ http://blogs.orlandosentinel.com/news_lottery/2009/10/florida-lottery-hasnt-decided-if-it-wants-mega-million.html
- ^ http://arkansasmatters.com/content/news/Lottery_Fulltext?cid=258812
- ^ http://megamillions.com/mcenter/pressrelease.asp?newsID=D0CC83C2-97D5-4E0F-9FD4-E6945DCB0B98
- ^ "Powerball Lottery Drawings to Be Available Live on the Internet", TransWorldNews, 2009-11-09. Retrieved on 2009-12-07.
- ^ http://www.powerball.com/powerball/pb_prizes.asp
- ^ http://powerball.com/powerball/pb_prizes.asp
- ^ http://www.powerball.com/pb_contact.asp#odds
- ^ http://www.dot.gov/budget/2010/bib2010.htm
- ^ a b http://powerball.com/pb_contact.asp
- ^ http://www.lotterypost.com/news/196385
- ^ http://floridalottery.com/inet/games-powerballMain.do
- ^ "Why Has the Cash Jackpot Gone Down?" Powerball Frequently Asked Questions.
- ^ http://www.msnbc.msn.com/id/10892645/