The Powerball lottery has come a long way from its inception in 1988. Initially called Lotto*America back then, it eventually came to be called what it is now in April of 1992. Boasting of jackpots that reached hundreds of millions of dollars, a lot of people obviously began to try their luck by playing it. Following this, the game then grew in popularity and has since been adopted by a majority of the US through the Multi-State Lottery Association (MUSL). What’s even more amazing about Powerball is that its become so popular that even players from outside of the United States are buying tickets for it on the various lottery purchasing services that can be found online.
To understand the popularity of the Powerball lottery, we’ll first have to check out its features. Perhaps one of the most obvious reasons for why this lottery grew so big is the premise that a player can win millions of dollars with just a small investment of 2 dollars. For a lot of players, this low risk and high return proposition is more than enough for them to ignore the fact that they’ll have to overcome serious odds for them to win the jackpot.
Aside from the low risk and high reward nature of the lottery, it also has another feature that keeps players from coming back for more. Unlike most lotteries that require players to have three or four matching numbers to win a prize, players will only need to match at least one number to get a prize that’s double the amount of their ticket. Of course, the odds of matching one number with a draw is still relatively low. For most players though, that’s more than good enough to risk $2 on.
Jackpots and Winners
Another reason for the continued popularity of the Powerball lottery is the fact that its jackpots are some of the most rewarding, not just in the United States, but also worldwide. Just this January 2016, the jackpot grew to a jaw dropping $1.5 billion dollars (real cash value of which was $983 million) and was won by three individuals who bought their tickets from California, Florida, and Tennessee. Even with three of them sharing the jackpot, each of these lucky individuals still went on to pocket more than $300 million in winnings.
Popularity outside of the US
Thanks to the power of the internet, the Powerball lottery has also become more popular in regions outside of the United States. Due to its generous jackpots, a lot of lottery ticket purchasing services nowadays will almost always have Powerball as one of their supported lotteries. Players from the UK, Europe, and even Asia can now go through these ticket purchasing solutions and get to join this lottery game. And though these solutions might charge a little extra, players will still continue purchasing tickets through them in the hopes that they will end up being the next multi-millionaire.
Should you try Powerball?
While there have been controversies regarding cheating in lottery draws before, the Powerball lottery has largely been free of these. Indeed, if you’re looking for a lottery that’s fair and has generous jackpots and rules then you’d be hard pressed to find one that’s as good as Powerball. Whether you’re living in the United States or anywhere in the world, you might want to try purchasing a ticket for this lottery game. Who knows? You just might end up winning the estimated $54 million ($32.7 million cash value) estimated jackpot as of this writing.