US Powerball players may select five numbers from a pool of 1 to 69. They then must also choose one number from a pool of 1 to 26. This is for the Powerball.
Players may choose their own numbers or choose ‘Quick Play’ to have numbers randomly chosen.
US Powerball Jackpots currently start at $20 million USD and grow from there, until won!
Players win a prize by matching one of the 9 ways to win as seen below:
|5 + 1||Grand Prize||Grand Prize||Grand Prize||Grand Prize||Grand Prize||Grand Prize|
|5 + 0||$1 Million||$2 Million||$2 Million||$2 Million||$2 Million||$2 Million|
|4 + 1||$50,000||$100,000||$150,000||$200,000||$250,000||$500,000|
|4 + 0||$100||$200||$300||$400||$500||$1,000|
|3 + 1||$100||$200||$300||$400||$500||$1,000|
|3 + 0||$7||$14||$21||$28||$35||$70|
|2 + 1||$7||$14||$21||$28||$35||$70|
|1 + 1||$4||$8||$12||$16||$20||$40|
|0 + 1||$4||$8||$12||$16||$20||$40|
All prizes in the table above are quoted in USD
Powerball is played in 44 states of the USA. It’s also played in Puerto Rico, Washington DC and the US Virgin Islands.
Powerball drawings are conducted three times a week each week, on Mondays, Wednesdays and Saturdays. Each draw takes place at 10:59 p.m. Eastern Time.
Power Play Feature
For an additional fee per play, the Power Play® feature can multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times.
Just prior to each drawing, the multiplier number is selected at random.
The 10x multiplier is not always available; when the advertised jackpot prize is over $150 million USD (based on the annuity payout option, as opposed to the lump sum payment option) only the 2x, 3x, 4x, and 5x multipliers will be in play.
Regardless of the multiplier number selected, the match 5 prize will always be $2 million USD when the Power Play option has been purchased.
Prizes & Odds
All prizes are set cash amounts, except the Grand Prize.
|5 + 1||Grand Prize||1 in 292,201,338.00|
|5 + 0||$1 Million||1 in 11,688,053.52|
|4 + 1||$50,000||1 in 913,129.18|
|4||$100||1 in 36,525.17|
|3 + 1||$100||1 in 14,494.11|
|3||$7||1 in 579.76|
|2 + 1||$7||1 in 701.33|
|1 + 1||$4||1 in 91.98|
|0 + 1||$4||1 in 38.32|
All Prize amounts above are quoted in USD
|Odds When 10X Multiplier is Available|
|Power Play||Prize Times Power Play||Odds|
|10x||Prize Won Times 10||1 in 43|
|5x||Prize Won Times 5||1 in 21.5|
|4x||Prize Won Times 4||1 in 14.33|
|3x||Prize Won Times 3||1 in 3.31|
|2x||Prize Won Times 2||1 in 1.79|
|Odds When 10X Multiplier is NOT Available|
|Power Play||Prize Times Power Play||Odds|
|5x||Prize Won Times 5||1 in 21|
|4x||Prize Won Times 4||1 in 14|
|3x||Prize Won Times 3||1 in 3.23|
|2x||Prize Won Times 2||1 in 1.75|
What if you win the jackpot?
Annuity Option: A Powerball jackpot winner may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment (cash option). For the annuity, the annual payments increase by 5% each year which helps to protect the winner’s lifestyle and purchase power from inflation. The cash value option, in general, is the amount of money required to be in the jackpot prize pool, on the day of the drawing, to fund the estimated jackpot annuity prize. The advertised jackpot annuity and cash value are estimates until ticket sales are final, and for the annuity, until the Multi-State Lottery Association takes bids on the purchase of securities.
Cash Option: The option of a lump sum payment for a jackpot prize option rather than a long term annuity payment as described in the rules for the matching lottery will always result in a lump sum payment of a lesser amount than the advertised annuity prize. This is because the lump sum paid will be the actual amount that the matching lottery would have to pay to buy the annuity plan that generates the annual payments. The purchase cost of the annuity (the lump sum) will always be lower than the total instalment paid out under the plan because part of those payouts are generated from interest or profits earned from the investment of that purchase price. The matching lotteries will generally not commit to the exact amount of the lump sum payout option for any particular draw because the purchase price of an annuity plan can constantly vary due to changes in interest rates etc. Over the last 12 months the percentage deduction for the cash-lump sum has been as low as 28% and as high as 52%. The prevailing interest rates are the biggest factor because the higher the rates the greater the value of the 30 year annuity plan. This deduction occurs before tax is calculated (in the US).
Taxes to be paid: There are federal and State US taxes payable on larger US lottery winnings. The Federal Tax rate that is paid as a non-resident winner is 30% on payouts above $600 USD. The State tax can vary slightly as they are set locally. (Players please note the State where in which we purchase our matched US lottery tickets taxes 8% on winnings of $1500 USD and above.) All US taxes are deducted from the prize amounts before payout by the State Lottery Office who then transfer those taxes to the relevant revenue authorities.
Annuity prizes are taxed annually on the amount of that year's annuity payment.
The minimum jackpot is currently $20 Million USD but please always check the site for most up to date jackpots.
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