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The USA Powerball LotteryThe Powerball is a large lottery. In fact, it is a MASSIVE lottery. Several states in the USA teamed up to form this lottery. 29 states in fact. This way, the jackpot is huge. This is much larger than if a single state or a handful of states formed a joint venture. The name is a good one! When you win the jackpot, you will be given the option of collecting all your winnings at once or getting paid in instalments of over 25 years. They work out a deal with you so that you get MORE money if you ask to be paid in instalments. I think that most people will choose to have lots of cash immediately. If you choose instalments, also called annuities, you get more money after several years – but you need to plan on being available to collect. In other words, don't emigrate to Mars after a few years because you may lose the rest of your hard-won dough. Tickets cost one dollar in order to play. $1. The draw is held twice a week: every Wednesday and Saturday. This is the same as the UK National Lottery. Perhaps these two days of the week are the luckiest days for game players. Jackpots start at $15 million. But people have won well over $300 million. Syndicates of machinists and meat plant workers have won some of the largest payoffs. There is also a Powerball lottery in Australia.
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