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POWERBALL® is the Multi-State Lottery game with a minimum estimated annuity jackpot of $40 million per drawing, plus eight set cash prizes up to $1 million.
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Powerball is one of the two largest national American lottery games with a shared jackpot. It is coordinated by the Multi-State Lottery Association (MUSL) which is a non-profit association. Powerball was official born on 19 April 1992 and prior to that, it had been known as 'Lotto America' which began in 1988.
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Moreover, if you need an incentive to play the US Powerball lottery, just know that the largest jackpot ever won was close to $600 million. This is a lot of money, and as not to overwhelm the winners, unlike other lotteries, the jackpot is paid out annually over 30 years. In order to combat inflation, the prize increases annually by 5%.
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