American lottery game
Powerball ▸ Facts ▸ Comments ▸ News ▸ Videos
Powerball is an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. It is coordinated by the Multi-State Lottery Association (MUSL), a nonprofit organization formed by an agreement with US lotteries. Powerball's minimum advertised jackpot is $20 million (annuity); Powerball's annuity is paid in 30 graduated installments or winners may choose a lump sum payment instead. One lump sum payment will be less than the total of the 30 annual payments because of the time value of money and also because one check for a much larger sum will be taxed at a greater rate than 30 checks each at a much lower sum will be taxed.
You Might Like
No news matches foundSorry, we were unable to find any results in our database for your query
Free news archive access
Did you know?
You are eligible to search our news archive with millions of news references free of charge.
To do this, please sign in first at the top of the screen.
• Information about free access to our news archive
Search this site and the web: