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The US Powerball Jackpot Has Gone Up To $292 Million

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b2ap3_thumbnail_Powerball.pngOnce again, the US Powerball lottery has announced the biggest prize pool all over the world and the next draw will be worth $292 million.

The US Powerball has begun once again following the $1.6 billion draw headline in January. On Saturday, there were no jackpot winners. As such, it boosted the value of the jackpot from $265 million, increasing the game’s interest among US residents. Online ticket services have also made it even better.  Reports indicate that the sales of tickets have gone up since the introduction of online ticket services.

Players from other parts of the world can also win the jackpot without having to travel to United States and purchase the ticket physically. Thanks to Play USA lotteries, Play Huge Lottos and the Lotter, prizes will be sent directly to the player and only major wins like the jackpot can be collected in person. This means, anyone regardless of their location have equal chance as US residents in scooping the jackpot.

The jackpot can be won by any individual who matches the 5 main numbers out of a total of 69 and one Powerball number out of 26.  The game has various levels of runners-up prizes.  With 5 main numbers, there is a fixed payout $1million and anyone who matches the Powerball, walks away with a reward.

Jackpot winners can select an instant payout that will be tax exempted or receive a small down payment of which the rest will be paid out over a period of 30 years, with a 5% interest to offset inflation.  The lottery tickets cost $2 and players are required to purchase the tickets an hour before the draw can take place. If you are in a different time zone, you are required to that into account while purchasing your ticket.

 

Tagged in: jackpot Powerball

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