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Twenty winners to split massive $429 000 000 Powerball jackpot

Fri 09 Dec 2016, By Lisa Bonnet
Twenty winners to split massive $429 Million Powerball jackpot

Recently a big Powerball jackpot was won by a syndicate who call themselves the ‘Tennessee 20’. Made up of a group of co-workers from the North American Stamping Group, each of the lucky Powerball winners will come away with $12 700 000.

They’re not the first syndicate to win a Powerball jackpot either.

In 2013, a another group of 16 co-workers from the New Jersey's Ocean County Department of Vehicle Services scooped one of the biggest Powerball jackpots of all time. The $448 000 000 grand prize was split between three ticket holders, and the ‘Ocean’s Sixteen’ syndicate was one of them. Each member of the syndicate came away with $3 800 000 after taxes.

If you really want to be a Powerball winner, playing the lottery as part of a syndicate is one of the best ways to achieve your goal. In fact, one in three lottery jackpots are won by syndicates, which is proof that joining forces with other lottery players pays off. And that’s because it’s one of the best ways to swing the odds in your favour.

If you’re wondering what it is that gives lottery syndicates the edge, the answer is simple. With one Powerball ticket, your odds of winning the jackpot stand at one in 292 201 338. You’d arrive at that figure if you took the time to work out all the winning possible winning combinations. The only way to guarantee a win is to buy a ticket for every combination. Not only would this be expensive, it’s humanly impossible. It would take a single person a few years to fill in all those playslips.

While playing the lottery as part of a syndicate won’t guarantee you a Powerball jackpot, it’s easy to see how it could improve your odds, and save you money. You don’t have to pay for all the tickets yourself but you can still play more lines. By covering more numbers, there’s a better chance that your lotto numbers will be drawn.

Playing the lottery with like-minded friends and co-workers can be good fun, and don’t forget that it’s possible your syndicate could win a smaller Powerball prize. The second-division prize is a guaranteed $1 000 000, which could put a nice chunk of change in your pocket. Of course the ultimate prize is the jackpot, but even smaller wins add up over time. And if you play as part of a syndicate, you stand a better chance of winning more often.

The Tennessee 20 has been buying $120 worth of lottery tickets for the past eight years. That’s true dedication and proof that if you play consistently, your numbers are bound to come up. Like many other big Powerball winners, they couldn’t believe it when they realised how much they’d won. And now they’re looking forward to using their winnings to help their friends, family and community.

The US Powerball is one of the most exciting lotteries you can play. And thanks to the services of online lottery ticket agents, anyone can play the American lottery. So why don’t you give it a go and get some tickets for the next draw. Whether you play as part of a syndicate or not, one ticket is all it takes to win the Powerball lottery.