Powerball has a very interesting history and even now its structure is still undergoing changes. Powerball is basically an American lotto game offered by various states, the US Virgin Islands, Puerto Rico and 45 states. It is organized by the Multi-State Lottery Association Inc. an international non-profit company formed by an inter-organizational agreement with representatives from several corporations, including tobacco companies. Powerball winners are paid in US funds by a prescribed amount of money known as a Powerball jackpot. The…