Ever since 1992, the attention of hundreds of millions of people has been mesmerized by the mystique of the jackpot and the potential miracle, life changing prizes hidden at the bottom of the crowd. [At each sketch] Individuals from all 50 states have the same experience, namely, that they will be able to become fabulously wealthy, millions becoming millionaires. However, what is the highest Power Ball jackpot that has ever been offered by the game? Now let's explore the record-breaking jackpots that have grabbed the headlines and fuelled hopes of unimaginable riches.
With Powerball being a multi-state drawing game with enormous jackpots, there has been a (unique) offering of some of the most incredible jackpots ever. There is, however, there is one jackpot that is more than all the others, lottery legend.
The Powerball jackpot record paid out on January 13, 2016. The jackpot reached a record breaking amount of $1.586 billion, an enormous sum that captivated the attention of a world population. Such a magnitude of jackpot existed thanks to 20 consecutive rollovers that created unbelievable euphoria and, as a consequence, encouraged a scale of ticket sales unimaginable at that point.
Winning numbers (4, 8, 19, 27, 34) and the Powerball (10) were drawn from a drum (69 white balls and 26 red Powerballs). At last, jackpot of total amount got shared by three lucky winners in California, Florida and Tennessee. Every single winner could decide to take either the annuity option (thirty years worth of annual payments) or the lump-sum cash payment.
The winners faced a life-altering decision: Furthermore, the request to receive the jackpot as a delayed annuity producing a predictable income over 30 years or as an initial lump sum allowing immediate access to a much lower sum of money but a disproportionately larger sum of money will be decided. Last, 3 awardees all select the cash option and each received an extraordinarily large (and pretax) $327.8 million.
The massive amount of money associated with it $1.586 billion) of the jackpot and media attention that it received triggered sweepstakes mania, because everybody with a dream wanted a piece of the winning ticket to become the next lucky millionaire. The drawing became a cultural sensation, with talk ranging over what would one do with such a windfall ramparting conversations among water coolers, tiaras and dinner tables all over the country.
Not only did the Powerball jackpot on January 2016 exceed the record of the pot, it also fueled the current attractiveness of the lottery. It barraged the power of the Powerball to provoke the public with issues, but also the im/power of money and riches.
Having won the record $1.586 billion jackpot in 2014, Powerball still keeps its promise of getting a huge amount of money "but not yet to those stratospheric heights. But with every hit, players are fascinated with the prospect of winning a life changing jackpot one day with a stroke of fate.
Induced by the promise of instant riches, which someone can win by a lottery ticket, llto game still involves risk, hopes of "winning" the fortune of the lottery, the very institution and its funds. In spite of the fact that from the beginning, the possibility of that one to achieve it is extremely low, the lure of winning the jackpot continues to be as strong as ever thanks to the immense further possibility of becoming a winner of the largest Powerball, jackpot.