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The jackpot begins at $40 million and will increase by a minimum of $5 million per draw if no one wins. The report for the most important Powerball jackpot goes to the $1.586 billion prize shared by three ticket holders in January 2016. Winners can select between an annuity choice, which spreads payments over 30 years, or a lump sum, which pays out all at once however at a decreased quantit
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