You might not realize that an economic reality like interest rates impact even the Powerball jackpot, but they do.Ĭopyright 2022 by WDIV ClickOnDetroit - All rights reserved. The higher the interest rates, the higher the advertised Grand Prize. The annuity factor is made up of interest rates for securities purchased to fund prize payments. The annuity factor, or the cost to fund an annuity prize, is another key component. Traditionally, game sales are stronger for a Saturday drawing versus a Wednesday drawing. While there are many factors that determine the advertised Grand Prize estimate in the Powerball game two important ones are games sales and the annuity factor.Ī number of variables can affect game sales, such as seasonality or a big Mega Millions jackpot. Each play on a ticket is separately determined players cannot crisscross play lines on a ticket or combine numbers from other tickets. The red Powerball number of a given play on your ticket must match the red Powerball drawn. You can match the white ball numbers in any order of a given play to win a prize. Powerball tickets print the white ball numbers in numerical order of a given play. Do you have to match the Powerball numbers in the exact order drawn? Powerball drawings may be watched live online at. How can you watch the Powerball drawing live? The Powerball drawing takes place at 10:59 p.m. What days and times are Powerball drawings? Tickets also may be purchased online at. Saturday at retailers throughout the state. In Michigan, Powerball tickets may be purchased until 9:45 p.m. Please check with your local lottery for more information. Sales cut-off times vary by selling jurisdiction. Here’s what you need to know if you’re playing the Powerball: When is the deadline for buying a Powerball ticket? The draw takes place every Thursday night at 8:30pm AEST, however you’ll need to register and select your numbers before 7:30pm that night. 5 is estimated to be worth $1.6 billion, the largest jackpot in the lottery’s history. How to watch or stream the Powerball results live.
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