The Record-Breaker Powerball Lotto
Posted: April 27, 2023
Updated: April 27, 2023
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The record winning Powerball jackpots
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The principles of the lottery game
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Check out the record-breaker Powerball lotto!
Powerball is a particularly popular lottery game. Its history begins in 1988 when it first appeared as Lotto*America. Years later, it adopted the much more catchy name Powerball. Over time, the principles of the game also changed, and unlimited jackpot wins became possible. Check out the record-breaker Powerball lotto!
Everything You Need to Know about Powerball
The American Powerball is one of, if not the most popular lottery games in the world, and the $1.58 billion jackpot drawn in 2016 certainly helped. This game holds the record for the world’s biggest lottery jackpot with 2.4 billion dollars. It is no coincidence that the American Powerball lottery is the number one favorite of lottery players worldwide since it is available almost all over the United States and, thanks to online lotteries, now all over the world.
They sell an incredible amount of tickets for each drawing, so the game’s jackpot keeps breaking records. The basic principle of the lottery has remained largely unchanged over time. To win the largest prize, you have to guess five numbers + 1 bonus number, the Power Ball, correctly. However, the rules have recently changed somewhat. Until 2015, bettors had to pick five winning numbers from 59 numbers.
Now the task is a little more difficult. You also have to choose five winning numbers, but now, from a pool of 65 options. However, the bonus number must be guessed from among 26, previously 35, numbers. The odds of winning the jackpot have been very slightly reduced to 1 in 292,201,338. The starting jackpot of the Powerball lottery is $20 million, and its two biggest prizes so far were the world records of $1.58 and $ 2.4 billion lotto winnings in 2016 and 2022.
Odds of Winning the Lottery!
There are three Powerball draws a week, on Monday, Wednesday, and Saturday, with a 5+1 system. You have to select the five main numbers from 69, and the bonus number, called the Power Ball, must be chosen from 26 numbers.
You have to hit all 5+1 numbers for the jackpot, but there are also eight lower winning categories. For the smallest prize, it is enough to guess the Power Ball correctly.
Winning odds:
1st prize: 5+PB; 1:292 201 338
2nd reward: 5 numbers; 1:11 688 053
3rd reward: 4+PB; 1:913 129
4th prize: 4; 1:36 525
5th reward: 3+PB; 1:14 494
6th reward: 3; 1:579
7th prize: 2+PB; 1:701
8th reward: 1+PB; 1:92
9th reward: 0+PB 1:38
The Record-Breaker Powerball Lotto
The minimum jackpot in Powerball is $20,000,000. This is a truly impressive amount that can change a person’s life forever. Even so, there are times when the winnings stack up, which is why the jackpot often becomes remarkable. In the history of the American lottery, only a few could manage to collect a cash prize higher than $100,000,000.
The historic $2.04 billion lottery prize in the Powerball draw is the highest amount anyone has ever won. The amount of the jackpot could grow to such a size because for 40 draws, prior to that, there had been no winning ticket.
The most recent prize record was set in 2022 when the winner won $2.4 billion. According to online lotto sites in the US, this is the world’s largest lottery prize of all time. Then the other famous draw occurred in 2016 when the three owners of the winning numbers in California, Florida, and Tennessee shared the $1.59 billion prize.
Another astonishing win happened in 2013 when an 84-year-old woman from Florida won $454 million on a Powerball game. By the way, you can purchase Powerball tickets in the 45 states of the United States, Washington DC, Puerto Rico, and the US Virgin Islands for $2 each, or online at TheLotter Lotto!
What is Power Play?
The so-called Power Play is a tempting function with which we can significantly increase our chances of winning. More precisely, it is a prize multiplier. However, it does not apply to Jackpot prizes. When you submit your slip, you can decide whether to play for the Jackpot prize or pay a dollar more and have a chance to increase the winnings for the smaller wins.
In this system, your winnings are multiplied by a specially drawn multiplier, from 2 to 5, depending on your numbers, as different winnings have different multipliers. The limit you should know about applies to the second-highest prize. In this case, the maximum prize value cannot exceed $40,000,000, even with a 5x multiplier. Check out theLotter Lotto for more details!
Differences Between the Record-Breaker Powerball Lotto and the Mega Millions Lottery
Powerball is a little similar to the Mega Millions lottery game, but there are some considerable differences. In both games, you need to guess five numbers and a bonus number correctly. In the Powerball game, the main numbers have to be selected from 69 options and the bonus number from 26, while in the Mega Millions game, you have to pick the main numbers from 75 and the bonus number from 15 numbers.
However, the main difference between the two games and the reason why Powerball is more popular is the minimum Jackpot prize value. For Powerball, this prize is $20 million, which is significantly larger than Mega Millions’ jackpot prize of $15 million. Five million dollars make a sizable difference, and bettors have five million more reasons for choosing the record-breaker Powerball lotto instead.
Play the Powerball Lottery Online!
The Internet offers countless opportunities and makes our lives more convenient. If you want to avoid standing in line to buy lottery tickets when the Powerball jackpot is huge, you can choose one of the lottery websites. You can play Powerball online anytime, day or night. Also, you can easily check Powerball results and the amount of the next prizes. Online lottery sites in the US also offer the previous results and statistics that might help to select your numbers for the next draw! Our article about the most common Powerball numbers in 2023 might help too!
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