DV-2020 Program: The revised online registration period for the DV-2020 Program begins on Wednesday, October 3, 2018 at 12:00 noon, Eastern Daylight Time (EDT) (GMT-4), and concludes on Tuesday, November 6, 2018 at 12:00 noon, Eastern Standard Time (EST) (GMT-5). Individuals who submit more than one entry during the registration period will be disqualified.
• Even the one-time cash option, about $308 million, won't go entirely in your pocket. It is subject to federal, state and local taxes, these days a little less than half taken out — state and local tax rates vary — long before you can think of moving Bermuda or a similar tax haven. (The new tax law that went into effect this year does make the federal tax rate less, falling to 37% from the previous 39.6%.)
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!