Powerball is a multi-state lottery game operated in the United States by the Multi-State Lottery Association (MUSL). MUSL is a non-profit organization formed by an agreement between US lottery commissions. Powerball was first offered in 1992 and has grown to be played in 47 states including the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Powerball’s advertised minimum jackpot is $40 million. Each Powerball ticket costs $2, while the optional Powerplay costs an additional $1, consequently the ticket price to $3.