On October 5, 2002, the South Carolina Education Lottery (SCEL) begins selling Powerball® tickets statewide. The launch of this game is expected to generate incremental sales of 38 million in the first fiscal year. Because this is the first time South Carolina has launched a multi-state game such as Powerball®, it will generate numerous questions about the game and what it means to South Carolina. Here are a few interesting facts that might help to answer some of those questions:
The first Powerball® tickets will be sold in South Carolina beginning October 5, 2002 at 11p.m.
The first Powerball® drawing for South Carolina will be Wednesday October 9, 2002 at 11:00 p.m.
Powerball® drawings take place in Des Moines, Iowa each Wednesday and Saturday. Occasionally, drawings are held in member states.
Powerball® is a 50 percent payout game. Meaning, 50 percent of the money taken in is designated for the jackpot. The other 50 percent is returned to the state that sold a Powerball® ticket. Therefore, money spent in South Carolina stays in South Carolina.
To play Powerball® players select five (5) numbers from 1 to 53 from the first set of numbers and pick one (1) number (The Powerball®) from 1 to 42 from the second set of numbers.
Powerball® allows players to win 9 different ways by matching their numbers with the numbers drawn by the Multi-State Lottery Association (MUSL).
Each winning Powerball® jackpot ticket is an annuity ticket paid out in equal installments over 30 years.
Jackpot winners may elect a one time cash payment within 60 days of winning.
Each Powerball® jackpot prize is paid by the SCEL from funds provided by MUSL. All second-tier prizes are paid by the SCEL from money generated by Powerball® ticket sales.
The top Powerball® prize level is pari-mutual which is equally divided if there are multiple jackpot winners.
If a winning jackpot ticket is not sold, the entire amount rolls over to the next drawing’s top prize level.
The Powerball® minimum jackpot starts at $10 million.
Overall odds of winning Powerball® are 1 in 36. Odds of winning the jackpot prize are approximately 1 in 120 million.
Including South Carolina, there are 23 states and the District of Columbia participating in Powerball®, total of 24 jurisdictions. (Note: On 5/7/02 Powerball® voted to include the Virgin Islands into Powerball®)
Cut-off time to purchase Powerball® tickets each Wednesday and Saturday is 9:45 p.m.
Players may purchase up to 5 plays on a single ticket.
Players have 180 days from the date of the drawing to claim any Powerball® prize.
Powerball® tickets MAY NOT BE CANCELED once printed.
The Power Play® option may be purchased for an additional $1 per play, allowing players to multiply their cash prizes between $3 and $100,000 up to 5 times the original value.
The SCEL will sell Powerball® tickets at all retailer locations that currently sell Pick 3 and Carolina 5.
The original Powerball® Game began sales on April 19, 1992.
The last Lottery to join Powerball® was Pennsylvania in June 2002.
The average Powerball® ANNUITY jackpot won to date was $51.5 million.
The average advertised Powerball® jackpot is $66.5 million.
“Have fun. Play Smart. Play Responsibly.”