Powerball jackpot: Know the Extensive Benefits of Powerball. Powerball is the most popular lottery of the United States, which is known for its huge jackpot amounts. The minimum jackpot amount in this is INR 139.3 crores and it only goes north with each rollover. Till date, the largest jackpot amount in Powerball lottery was INR 2541.5 crores. Even the minimum jackpot amount is enough for a person to attain financial freedom if taken care of properly.
How to Play Powerball?
In Powerball, one needs to choose 6 numbers where 5 are chosen from numbers between 1 and 69, while the sixth known as the Powerball is chosen from numbers between 1 and 26. To win the jackpot, all these numbers should match with the drawn numbers and the odds stand at 1 in 29,22,01,338.
Benefits of Powerball
Though Powerball is a US lottery, people all over the world can play it through platforms like Lottoland. You don’t need to be a US citizen to play it. Lottoland is one platform that offers this along with many other major international lotteries of the world. The platform is very safe and secure and seeing the potential of the Indian market they have launched a new website exclusively for the Indian lottery enthusiasts.
A lottery makes a person millionaire overnight and has the potential of changing their lives forever. If it’s a big lottery like Powerball where the jackpot money stands at hundreds of crores, you can imagine the way it can change the winner’s life. Just a minuscule amount of this jackpot prize is enough for the person to get rid of whatever debt he or she has, buy mansions or luxury cars and explore the world. They can plan to enjoy for a lifetime if they invest it properly.
In Powerball jackpot, you have an option of either taking the lump sum pay-out or opt for annuity option. In an annuity, the winner gets annual payments every year for the next 29 years. Many people prefer annuity option because in this the total pay-out is much more than what you get as a lump sum and the taxation also comes out to be better. As you are sure of getting a certain amount every year for the next 29 years, you can plan your life in a much better way.
Winning the Powerball jackpot is a dream for almost every lottery player. This is because if you win it you attain financial freedom overnight and are sorted for life.
If you remain in your senses when you find out that you have won the jackpot and rope in a good financial consultant you can even multiply this money by leaps and bounds by making rational decisions. This will enable you to lead a luxurious life without the worry of eating up all the amount that you received.
Like in any lottery, Powerball is also a game of chance but given the way, life can change if you hit the jackpot it is worth playing this game of chance.