Powerball is the most popular lottery in the United States, because of its multimillion-dollar jackpots, which all players dream of winning. On October 11, a person won the prize of 1.8 billion and bought a ticket to California, where in November 2022 the biggest prize in the history of the world came out. Learn about the biggest lottery jackpots and where they come from.
To play Powerball, you have to buy a $2 ticket, where you can add one dollar – for each game line – to play the Power Play option, which will multiply your options. The lottery can be found in 45 of the 50 states of the United States, in addition to the Washington DC district, Puerto Rico, and the Virgin Islands.
The overall probability of winning a prize is 1 in 24.9, while the probability of winning the jackpot is 1 in 292.2 million. However, nothing is impossible.
THE 10 BEST AWARDS IN POWERBALL HISTORY
According to the Powerball scheme, the state where the largest number of jackpots in this lottery has been won is California, and of the five jackpots, four are billionaires.
- US$2,040 billion: Issued on November 7, 2022, in California
- US$1.765 billion: Won on October 11, 2023, in California.
- US$1.586 billion: It was drawn on January 13, 2016, and the prize was divided among three winners in the states of California, Florida, and Tennessee.
- US$1.080 billion: Won on July 19, 2023, in California.
- US$768.4 million: Won on March 27, 2019 in Wisconsin.
- US$758.7 million: Won on August 23, 2017 in Massachusetts.
- US$754.6 million: Won on February 6, 2023, in Washington.
- US$731.1 million: Won on January 20, 2021, in Maryland.
- US$699.8 million: Won on October 4, 2021 in California.
- US$687.8 million: Won on October 27, 2018, in Iowa and New York.
METHODS OF COLLECTING THE POWERBALL PRIZE
The lucky holder of the winning ticket can choose between an annual prize or a lump sum payment of $774.1 million. Both prize options are before tax. If the winner chooses the annuity option, they will receive an immediate payment followed by 29 annual payments that increase by 5% each year.