Powerball is an American lottery game sold by 47 lotteries (including the District of Columbia, Puerto Rico and the U.S. Virgin Islands). It is coordinated by the Multi-State Lottery Association (MUSL), a non-profit organization formed by an agreement with U.S. lotteries. Powerball's minimum advertised jackpot is $40 million (annuity); its record jackpot was $590,500,000 won in May 2013 by one ticket in Florida (surpassed by two Mega Millions jackpots). Powerball's annuity is paid in 30 graduated installments; winners may choose cash instead. Drawings are held Wednesday and Saturday evenings at 10:59 p.m. Eastern time. The game uses a 5/69 (white balls) + 1/26 (Powerballs) matrix from which winning numbers are chosen. Each play costs $2, or, with the Power Play option, $3 (before January 15, 2012, games cost $1 each, or $2 with Power Play; the latter option was added in 2001.) The official cutoff time for ticket sales is 10 p.m. Eastern; some lotteries discontinue sales earlier. The drawings usually are held at the Florida Lottery’s studio in Tallahassee.
On May 18, 2013, the largest jackpot in the game's history, and the largest prize on one ticket (approximately $590,500,000 annuity), was won. On June 5, Florida Lottery officials announced the winner, Gloria C. MacKenzie, 84, who purchased the "quick pick" ticket at a Publix supermarket in Zephyrhills, Florida. MacKenzie chose the cash option (approximately $370,800,000 before Federal withholding, as Florida does not have an income tax).