Everyone gets so excited when the Powerball jackpot is high. Why not pay 50 winners $1 million each instead of $50 million to one winner?
Once the Powerball jackpot reaches $25 million beyond the record-level jackpot (the current record amount is $365 million), it will increase in increments of $25 million (annuitized) per drawing until it is won. All cash in excess of each $25 million increment will then be added to the second-level prize pool (5 of 5 white-ball match for $200,000). When the jackpot is finally hit, the money in the Match 5 prize pool will be divided equally among all winners who matched all five white-ball numbers. For some drawings, this could mean enhanced prizes of $1 million or more in cash.
Related Questions
- Everyone gets so excited when the Powerball jackpot is high. Why not pay 50 winners $1 million each instead of $50 million to one winner?
- Are winners of the Powerball jackpot required to divulge their names and give a press conference after they win?
- WHAT IF THERE WASNT A HIGH PRICE TO PAY TO ATTRACT, RETAIN AND PROTECT EMPLOYEES?
