All About the Powerball Lottery
It was in the year 1988 when the Lotto America was first played. Four years after that, Lotto America was renamed Powerball Lottery. Although all lottery games today use drums for drawing winning numbers, this game is widely known for being the very first betting game to have used the two-drum system, whereby drawing two sets of balls. A player must select two sets of lotto figures. If the chosen numbers match, then the player wins. It should be noted that these particular two-draw system provides more than a few levels of winning. The probability of winning is one in 35.
Powerball lottery is now the biggest lottery game worldwide, most especially in the United States where it is played in the 32 various states. US Powerball draws are done two times a week, on Wednesdays and Saturdays, in Florida's Universal Studios.
In a Powerball Lottery, 5 numbers have to be picked from a given set and another, called the power ball. The power ball should also be selected from the same range. If the player's selected figures (5 numbers with the power ball) matched the drawn combination, then the player wins the jackpot. The additional power ball or number gives the chance to win extra prizes.
The method of playing the Powerball, or more specifically the way numbers are picked have changed invariably over the years. In 2009 alone, five numbers are to be picked from the range of one to 59 while the power ball number is to be chosen from one to 39. But as always, the jackpot prize is won, once all numbers match the drawn combination. The Powerball lottery jackpot winners has two options by which to receive the winnings: a lump sum or thirty installment pays paid within twenty nine years. Twenty million dollars is the minimum jackpot to be won, If there are no winners in that draw, the jackpot prize is rolled over for the next draw.
A moderate and cheap fee of one dollar is charged per ticket of Powerball. An extra one dollar is to be paid if the player wants to have a multiplier that increases his prize and jackpot (should the player win).
Lotteries are certainly played by a lot of people and this Powerball game is one which is the most widely played. When a person buys a ticket, even though the chances of winning is very slim, there is a chance that they may win a certain prize and even the jackpot, compared to not buying any ticket and expecting to win. Powerball is considered the best to play and participate in from all the rest of the lottery games. With a really huge amount to win for the jackpot. Some new times in Powerball playing just merely wanted to try it and then they have already been betting on a daily and regular basis. The more tickets bought, the higher the chances of winning as the probability is increased with different combinations of numbers. Some people have enjoyed this game as it made them win money quickly.