The Mega Millions is an American lottery game which is played in multiple jurisdictions across the country (and indeed, the world), with the first draw taking place in 2002. It also holds the proud title of giving off the third largest recorded lottery win in American history. In March 2012, a $656 million annuity value (cash value $474 million) jackpot was won and split three ways due to three winning tickets.
Jump up ^ Lotto, Lucy (June 30, 2011). "Powerball Lottery Changes for 2012". WorldLottery.net. Archived from the original on August 23, 2013. Retrieved September 4, 2013. The first and biggest change to the Powerball Lottery is the introduction of the $40 million base jackpot. Now, when the Powerball Lottery jackpot is reset after a win it will start at $40 million, tempting even more players in for those early draws. Another promise, that is sure to be popular with lottery players, is the introduction of more prizes. From January, Powerball players will have even better odds of winning a prize worth at least $1 million, and it’s that fact that may soften the third and biggest ever change. From January 15, 2012, Powerball Lottery tickets are doubling in price, in what is the biggest change to the Powerball Lottery draw since its launch in 1994.
The advantages to group game tickets is that is a good way to maximize your exposure (you have a little bit of a lot of tickets) without spending fortunes of multiple tickets. Due to the US Powerball having a minimum jackpot of $40m, group game tickets are always an attractive option as even with only a 2.5% share of the syndicate, you will still win $1m! As the jackpots grow, the Syndicate option becomes more and more appealing. The mantra of the group game player is “it’s better to have a little bit of something than a big bit of nothing.”
Despite the uneasiness of many to begin with, I know of no disputes or complaints from people who have bought Powerball tickets online via the insurance model, won and not been paid. As you can imagine, this scenario would effectively close down their website as they rely solely on the trust factor. The insurance model means that you will not be buying “official” tickets, but what do you care if you get paid your millions at the end of the day!
Powerball pays out the largest lottery jackpots in the world. Simple as. The biggest of the bunch arrived in Jan 2016, when three ticket-holders shared a prize fund worth $ 1.58 Billion. For your chance to win a world-beating lotto prize, pick 5 from 69 plus the Powerball and bet on one of our Thursday or Sunday night draws. Highest ever jackpot: $ 1.586 Billion
If you’re not using an official state lottery website, the retailer may not be licensed and therefore could have no connection to the state lottery programs. Last year, during the record-breaking $1.6 billion Powerball jackpot, Holyfield says Michigan’s lottery office fielded several calls from consumers who purchased tickets online, only to have the vendor shut down without notice.
The structure of the draw is one which regular lottery players will be very familiar with; players must pick 5 regular numbers from a pool with a total of 69 numbers and in addition to these regular number picks, you also choose one bonus ball (known as the Powerball) from a pool of 26. These two pools of numbers are mutually exclusive and remain completely separate throughout the drawing procedure. In order to jackpot the US Powerball, you need to match all 5 regular numbers and the Powerball. Do this and you are instant Powerball millionaire – it’s as simple as that!