Printer Friendly
The Free Library
14,599,426 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

PowerPlay Pays off for PA Players; Powerball Game Enhancement Rewards Players with $23.8 Million in Extra Winnings.


Assignment Desks

MIDDLETOWN, Pa.--(BUSINESS WIRE)--May 15, 2003

Since Pennsylvania introduced Powerball(R) last June, players who have opted to "power up" with the PowerPlay(R) option have reaped the benefits of this prize-multiplying game enhancement.

In the 11 months Pennsylvania has participated in this game, PowerPlay(R) winners in the Commonwealth have taken home an extra $23.8 million in cash prizes.

"This is an extraordinary payout pay·out  
n.
1. The act or an instance of paying out.

2. A percentage of corporate earnings that is paid as dividends to shareholders.
 for our winners," said Pennsylvania Lottery The Pennsylvania Lottery is the state lottery of the Commonwealth of Pennsylvania. It was created by the Pennsylvania Legislature on August 26, 1971 and that October, Henry Kaplan was appointed as its first Executive Director. The Lottery premiered on March 7, 1972.  Executive Director Ed Mahlman. "PowerPlay(R) has astonishingly a·ston·ish  
tr.v. as·ton·ished, as·ton·ish·ing, as·ton·ish·es
To fill with sudden wonder or amazement. See Synonyms at surprise.
 surpassed our high expectations for both sales potential and for rewarding our players."

PowerPlay(R) has averaged a high prize-payout ratio for Pennsylvania players - approximately 74 percent of the revenue generated through PowerPlay(R) has been returned to players in the form of prizes.

In the Powerball(R) drawing last night, May 14, 2003, five was selected as the multiplier multiplier

In economics, a numerical coefficient showing the effect of a change in one economic variable on another. One macroeconomic multiplier, the autonomous expenditures multiplier, relates the impact of a change in total national investment on the nation's total
. Pennsylvanians who "powered up" took home an additional $184,588 from that single drawing. Two players multiplied mul·ti·ply 1  
v. mul·ti·plied, mul·ti·ply·ing, mul·ti·plies

v.tr.
1. To increase the amount, number, or degree of.

2. Mathematics To perform multiplication on.
 standard prizes of $5,000 five times, for total payouts of $25,000.

In the 92 Powerball(R) drawings Pennsylvania has participated in since June 29, 2002, 5 has been selected as the PowerPlay(R) number a remarkable 43 times, or 46.74 percent of the draws. Statistically, 5 should come up 40 percent of the time. Four has been selected 16 times - 17.39 percent of the draws, 3 has been selected 13 times - 14.13 percent of the draws, and 2 has been selected 17 times - 18.48 percent of the draws. Powerball(R) game changes in October 2003 eliminated the number 1 as a PowerPlay(R) number, so players who "power up" are guaranteed to multiply mul·ti·ply
v.
1. To increase the amount, number, or degree of.

2. To breed or propagate.
 their cash prizes. Prior to being eliminated, 1 had been selected 3 times, or 3.26 percent of the draws in which Pennsylvania participated.

Ninety-three match-five tickets have been sold in Pennsylvania since the introduction of Powerball(R), and 20 of those "powered up" to multiply the standard $100,000 cash prize two, three, four or five times.

Power Play is an enhancement to the popular Powerball(R) game. For an extra $1 per Powerball(R) play (game), players can multiply their Powerball(R) prizes by two, three, four or five times the original prize amount for all prizes except the jackpot.

At the beginning of each Powerball(R) drawing, a spinning wheel spinning wheel

Early machine for turning textile fibre into thread or yarn, which was then woven into cloth on a loom. The spinning wheel was probably invented in India, though its origins are unclear. It reached Europe via the Middle East in the Middle Ages.
 with 12 slots numbered 2 through 5 is used to select the PowerPlay(R) number (the wheel features three 2s, three 3s, three 4s and six 5s). If a player purchases the PowerPlay(R) option and qualifies for a cash prize in a Powerball(R) game, the established prize amount (except the jackpot) would be multiplied by the PowerPlay(R) number. Prizes can multiply up to $500,000.

The Pennsylvania Lottery remains the only state Lottery A game of chance operated by a state government.

Generally a lottery offers a person the chance to win a prize in exchange for something of lesser value. Most lotteries offer a large cash prize, and the chance to win the cash prize is typically available for one dollar.
 that designates all of its proceeds to benefit older citizens. Since inception 31 years ago, the Lottery has contributed $13 billion to programs that have expanded to include property tax and rent rebates, free and reduced fare transit for older Pennsylvanians, a co-pay prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug,  program (PACE and PACENET) and the 52 Area Agencies on Aging, including 650 full- and part-time senior centers, located throughout Pennsylvania. Players must be 18 years of age or older.

For additional information about the Pennsylvania Lottery, please visit the Lottery's Web site, www.palottery.com
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1U2PA
Date:May 15, 2003
Words:559
Previous Article:Celsion to Webcast Shareholders Presentation.
Next Article:Wyndham Opens Hotel in Downtown Phoenix; Wyndham Phoenix Undergoes $6 Million Renovation.



Related Articles
NEW LOTTO DRAWING TONIGHT OFFICIALS BELIEVE INTEREST WILL GROW ALONG WITH JACKPOTS.(News)(Statistical Data Included)
BIGGER SUPER LOTTO? JACKPOTS MAY GROW BIGGER UNDER POWERBALL-LIKE GAME.(News)
Powerball Jackpot Rolls to $28 Million For Saturday.
Powerball Jackpot Rolls to $38 Million for Saturday.
Powerball Jackpot Rolls to $43 Million for Wednesday.
Powerball Jackpot Rolls to $55 Million for Saturday.
Powerball Jackpot Rolls to $63 Million for Saturday.
Powerball Jackpot Rolls to $70 Million for Wednesday.
Powerball Jackpot Rolls to $88 Million for Wednesday Drawing.
POWERBALL JACKPOT REACHES $340 MILLION.(Lottery)(Dreamers take a chance on winning tonight's prize, a record for the game)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles