Powerball is a lottery in several states. It operates in all except six of the states in the US as well as Puerto Rico, the District of Columbia, and the US Virgin Islands.
It has one jackpot to offer, which adds up every time that there is no winning jackpot ticket sold, and a diversity of smaller cash prizes.
How Powerball Drawings Work
Winners are drawn out every Saturday and Wednesday night at around 10:12 PM Central Time. They are conducted in Orlando, Florida Universal Studios. The drawn numbers are announced via television, on the website of Powerball, online, and in newspapers.
In order to get the jackpot, the players must match correctly the red Powerball as well as all five white balls.
There is no assurance that a jackpot will be won in every drawing. If nobody is able to pick all of the six winning numbers, then the jackpot will roll over to the upcoming drawing.
As jackpot values become higher, the more that people will buy tickets, which means a bigger percentage of the potential combination of numbers is sold. In the end, it becomes almost impossible for a drawing to happen without a winner of the jackpot.
The jackpot of the Powerball Lottery starts at around $40 million and increases by at least $10 million every time that the jackpot has no winner. The jackpot often does, reach amounts of hundreds of millions of US dollars. As of the year 2016, the biggest lottery jackpot in world history was a jackpot in Powerball worth over $1.5 billion.
However, there is more in Powerball than just the huge jackpot prizes. In every draw, the other cash prizes that are worth between $5 and $2,000,000 are awarded also. The worth of the prizes would depend on the numbers a player has correctly guessed, and the quantity of prizes awarded in every drawing is minimal only by the number of people that made the correct guesses.