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IMPROVED POWERBALL® GAME CELEBRATES TWO YEAR ANNIVERSARY: CREATES MORE THAN 500 MILLIONAIRES EACH YEAR

Jan 21 • 324 Views • View Comments

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TALLAHASSEE – Last Saturday’s Powerball drawing marked the two-year anniversary of the current Powerball game design, and the improved features have paid off big for players across the nation. When the current game was introduced January 15, 2012, the Multi-State Lottery Association that governs Powerball predicted at least 300 millionaires created per year, and Powerball delivered. In the last 24 months, Powerball actually created 1,013 millionaires, an average of more than 500 millionaires per year or nine millionaires per week.

“The $2 Powerball game was designed to offer bigger jackpots, more chances to become a millionaire and better odds,” said Rose Hudson, Louisiana Lottery President/CEO and Secretary of the Multi-State Lottery Association. “We are thrilled that Powerball continues to exceed player expectations, allowing it to be a huge success for players and state programs alike.”

By implementing a larger starting jackpot that grows more quickly, Powerball has created the four largest jackpots in the game’s 20-plus-year history in the past two years alone. The increased Match 5 prize of $1 million, or $2 million if the ticket includes Power Play®, gives players more chances to become a Powerball millionaire. In the past two years, 979 Match 5 tickets won a total of more than $1 billion in cash prizes; of these, 847 players received $1 million prizes and 133 players received $2 million prizes. Also, as a result of reducing overall odds, more than 160 million players in the U.S. have won a Powerball prize in the last two years, including 34 multimillion-dollar jackpot prize winners.

In addition, the $11 billion in sales of the new Powerball game have resulted in millions of dollars in retailer commissions and revenue to support worthwhile causes in every Powerball state. In Florida alone, more than $480.4 million has gone to support education since the Powerball changes took effect in 2012.

“Florida players have benefited from the new Powerball game, as more than 17 million winning tickets have been sold in the state,” said Cynthia O’Connell, Florida Lottery Secretary and Chair of the Multi-State Lottery Association Marketing and Promotions Committee. “Our players enjoy the chance to play for big prizes and the improved game has resulted in Florida having 96 winning tickets worth $1 million or more, including a record $590.5 million prize.”

Powerball jackpots start at $40 million and roll until the jackpot is won. Players win by matching the five white ball numbers (1-59) and the red Powerball number (1-35). There are eight other ways to win non-jackpot prizes ranging from $4 to $1 million or up to $2 million if the ticket includes Power Play. The overall odds of winning a prize in the game are approximately 1 in 31.

About Powerball®

Powerball is played in 45 U.S. lottery jurisdictions. Powerball is a state lottery game facilitate by the Multi-State Lottery Association (MUSL), a government-benefit, non-profit association owned and operated by 33 member U.S. lotteries. MUSL currently coordinates six multi-state games in the United States. Powerball® drawings are Wednesdays and Saturdays at 10:59 p.m. Eastern Time, 9:59 p.m. Central Time, 8:59 p.m. Mountain Time and 7:59 p.m. Pacific Time. For more information about Powerball®, please visit www.powerball.comPowerball® and Power Play® are registered trademarks of the Multi-State Lottery Association.

 

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