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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 B57pnsQrOSrE8uKHnTbxaFYA9PzLhIMboLoelT6iFJhN2l/qqxUKv+E9fcgqc1Fj
 qrAK8ATEN/pZWxrK7RCH8Q==

<SEC-DOCUMENT>0001179350-03-000034.txt : 20030221
<SEC-HEADER>0001179350-03-000034.hdr.sgml : 20030221
<ACCEPTANCE-DATETIME>20030221143012
ACCESSION NUMBER:		0001179350-03-000034
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030221
FILED AS OF DATE:		20030221

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POWERBALL INTERNATIONAL INC
		CENTRAL INDEX KEY:			0001048237
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS CHEMICAL PRODUCTS [2890]
		IRS NUMBER:				841431425
		STATE OF INCORPORATION:			UT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25873
		FILM NUMBER:		03575789

	BUSINESS ADDRESS:	
		STREET 1:		2095 WEST 2200 SOUTH
		STREET 2:		.
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84119
		BUSINESS PHONE:		8019749120

	MAIL ADDRESS:	
		STREET 1:		2095 WEST 2200 SOUTH
		STREET 2:		.
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84119

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NATEX CORP/UT
		DATE OF NAME CHANGE:	19990409

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NATEX CORP
		DATE OF NAME CHANGE:	19991029

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IPSON ROBERT K
		CENTRAL INDEX KEY:			0001083810
		RELATIONSHIP:				DIRECTOR

	FILING VALUES:
		FORM TYPE:		4

	BUSINESS ADDRESS:	
		STREET 1:		48 WEST 300 SOUTH
		STREET 2:		SUITE 2303N
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84101
		BUSINESS PHONE:		8016951193

	MAIL ADDRESS:	
		STREET 1:		48 WEST 300 SOUTH
		STREET 2:		SUITE 2303N
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84101
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>f4ri203.txt
<DESCRIPTION>R. IPSON FORM 4 2-03
<TEXT>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

1.   Name and Address of Reporting Person: Robert K. Ipson,
      135 Waterford Circle, Rancho Mirage, CA 92270
2.   Issuer Name and Ticker or Trading Symbol: Powerball International, Inc.
          (PRBL)
3.   IRS or Social Security Number of Reporting Person (Voluntary):
4.   Statement for Month/Day/Year: 2/21/03
5.   If Amendment, Date of Original (Month/Day/Year):
6.   Relationship of Reporting Person(s) to Issuer (Check all Applicable)
     (X) Director (X) Officer, give title below (X) 10% Owner ( ) Other
     Title: Chairman and C.E.O.
7.   Individual or Joint/Group Filing (Check Applicable Line)
     (X) Form filed by One Reporting Person
     ( ) Form filed by More than One Reporting Person

TABLE I
NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security:  Common Stock
2. Transaction Date (Month/Day/Year): 2/11/03
3. Transaction Code: J
4. Securities Acquired (A) or Disposed of (D): (D) 80,000
5. Amount of Securities Beneficially Owned Following Reported Transaction:
 i.      669,500
 ii.      27,600
 iii.    105,500
         -------
   Total 802,600

6. Ownership Form: Direct (D) or Indirect (I)
 i.   (D)
 ii.  (I)
 iii. (I)

7. Nature of Indirect Beneficial Ownership
 ii.  Held in IRA accounts
 iii. Held by Linda Ipson, spouse

TABLE II
DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED
1. Title of Derivative Security:
2. Conversion or Exercise Price of Derivative Security:
3. Transaction Date (Month/Day/Year):
4. Transaction Code:
5. Number of Derivative Securities Acquired (A) or Disposed of (D):
6. Date Exercisable and Expiration Date (Month/Day/Year):
7. Title and Amount of Underlying Securities: Common Stock,
8. Price of Derivative Security: n/a (see explanation below)
9. Number of Derivative Securities Beneficially Owned at End of Month: -0-
10. Ownership Form of Derivative Security:  Direct (D) or Indirect (I): n/a
11.  Nature of Indirect Beneficial Ownership: n/a

Explanation of Responses: Mr. Ipson made a bona fide gift of the above
securities.

Signature of Reporting Person: /S/ Robert K. Ipson
Date:     2/21/03

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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