The annuity factor, or the cost to fund an annuity prize, is another key component. The annuity factor is made up of interest rates for securities purchased to fund prize payments. The higher the interest rates, the higher the advertised Grand Prize. You might not realize that an economic reality like interest rates impact even the Powerball jackpot, but they do!
Hot numbers are the lottery numbers that appear the most, and US Powerball's all-time hot numbers are 26, 16, 41, 32, and 28. Cold numbers are the numbers that appear infrequently. Some lotto fans choose them specifically because of this, believing that their reappearance in US Powerball results is only a matter of time, while others stay clear. The US Powerball lottery all-time cold numbers are 60, 65, 67, 68, and 66. We update Powerball’s hot and cold numbers listings every year to help you make your number selection.
Draws are held on Wednesdays and Saturdays at 10.59 p.m. (EST) and there are five winning numbers drawn from a pool of 69 balls, as well as one extra ball called the Powerball. If you're lucky enough to match five numbers and the Powerball, then you'll hit the jackpot, just like the many winners over the years. Be sure to visit this page after the latest draw for the most recent Powerball lottery results, to find out if you're one of those lucky people.
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Illinois joining Powerball on the expansion date, it became the second multi-jurisdictional lottery game (after Mega Millions, which Illinois already participated in) whose drawings were carried nationally. Both games' drawings were simulcast via Chicago cable superstation WGN-TV through its national WGN America feed. WGN-TV aired Illinois Lottery drawings nationally from 1992 to 2015 after acquiring broadcast rights from Chicago's Fox owned-and-operated station WFLD in 1988, which took the rights from WGN-TV in 1987. Powerball drawings were aired on WGN-TV and WGN America on Wednesday and Saturday immediately following the station's 9pm (Central Time) newscast with the Mega Millions drawings being aired Tue and Fri evenings after the newscast. WGN served as a default carrier of Mega Millions or Powerball where no local television station carries either multi-jurisdictional lottery's drawings.
Based on statistical projections, the average jackpot win increased from $95 million to $141 million. Over 3.5 million additional prizes were expected to be won yearly due to the change in probability. The starting jackpot increased to $20 million, with minimum rollovers of $5 million. The jackpot contribution increased from 30.3% to 32.5% of total sales. The Power Play option was modified; second prize, usually $200,000, was given an automatic 5x multiplier, making the 5+0 prize $1 million cash. The bonus second prize if the jackpot exceeded its previous record by $25 million, triggered only twice, was eliminated with the 2012 format change.
In the aftermath of the attack on the World Trade Center on September 11, 2001, the legislature in Albany, fearing a monumental loss of revenue, passed legislation the following month, which was signed by Governor George Pataki, which included joining a multi-jurisdictional lottery game. Around the same time, for entirely different reasons, Ohio's governor also gave the green light to joining a multi-jurisdictional game. Both lotteries opted to join The Big Game, which, at the time, was offered in seven states. The added populations of the two new jurisdictions, in turn, led to a larger double matrix. The first machine continued to hold white 52 balls, while 16 gold balls were added in the second, meaning there were 52 numbers to pick from in both parts of each $1 game. On May 15, 2002, the game was renamed The Big Game Mega Millions; shortly after, it became just Mega Millions. Except for the 2010 cross-selling expansion, this was the only time The Big Game or Mega Millions simultaneously added more than one member.
In spite of the huge popularity of this lottery draw game it is still an unknown to many that you can buy Powerball tickets online, whether you are in the US or not. To be clear, this doesn’t even mean that you have to be a citizen of the US either. No citizenship & not based in the US? You can still play powerball online and buy lottery tickets online for a number of different lottery draw games.