Powerball is an American lottery game offered by 44 states plus 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).[1] 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 $3 with the Power Play option. (Originally, Powerball plays cost $1; when PowerPlay began, such games were $2.) The official cutoff time for ticket sales is 10 p.m. Eastern; some lotteries discontinue sales earlier.[2] The drawings usually are held at the Florida Lottery’s studio in Tallahassee.