Last Updated on 20/09/2022
Fact checked by: Josh Schwartz
Do you want to be rich for life with just a $2 ticket? Ticket of gigantic opportunity, for just two dollars! The Powerball jackpot has reached a record of $1.58 Billion. Tickets are $2 per play and $3 per power play. The Powerball is a lottery played across 47 US states and jurisdictions each Wednesday and Saturday. Powerball is one of the biggest lottery games in the United States and regularly boasts eight, nine or even ten-figure jackpots. With tickets being $2 per play, this lottery has given its players immense unimaginable wealth from lucky jackpot stories. Powerball was born from Lotto America. Lotto America was phased out in 1992 and Powerball was born. The first drawing took place on Saturday April 22nd 1992, with a two-drum draw machine and new ball sets being introduced. Read on to discover more about how this multi-state game called Powerball is one of the most popular and exciting lotteries in the world
Powerball game is easy and straight forward to play, Choose 5 out of 69 numbers for the white balls; then choose 1 out of 26 numbers for the Powerball. Use a play slip to choose your own numbers or request an "easy pick" from the counter clerk and the lotto terminal will choose the numbers for you. Play more than one drawing by marking the "multi-draw" box on the play slip for up to 10 consecutive drawings.
Below are simple step by step outline of how you can play Powerball Lottery:
Powerball draws consists of two draws per week which are conducted on Wednesday and Saturday bearing a similarity to Lotto America. Drawings are conducted by the Multi-State Lottery Association.
The following 47 states participate in Powerball Lotteries;
Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the Virgin Islands.
The jackpot starts at $40 million and grows until it's won, with the prize fund increasing after each draw without a top prize winner. There is no upper limit set for the Powerball jackpot.
For a top prize to be won, a Powerball lottery player must match all five main numbers and the Powerball number. The game also offers an additional feature called the Power Play option
Power Play is an option you can add to your ticket that multiplies the value of the non-jackpot prizes you win. A Power Play number is drawn ahead of the main numbers and everyone who choses Power Play and who wins a non-jackpot prize has it multiplied by that figure. The only exception is the Match 5 prize of $1 million, which becomes $2 million for Power Play ticket holders, no matter which number is drawn.
You add Power Play when you buy a Powerball ticket by checking the box on your playslip and paying an additional $1 per line. You cannot play it separately and you cannot choose it later. Power Play Multipliers
The Power Play can provide 2x, 3x, 4x, 5x or 10x the value of non-jackpot prizes, although the 10x multiplier is only available when the jackpot is worth less than $150 million.
Below is a breakdown of the Powerball cash options available to Powerball players.
|Correct Numbers Matched||Prize Amount in $|
|5 + Powerball||Jackpot|
|4 + Powerball||$50,000|
|3 + Powerball||$100|
|2 + Powerball||$7|
|1 + Powerball||$4|
For an additional $1 per play, players can multiply any non-jackpot prize by matching the Power Play Number. Prizes can increase by 2x, 3x, 4x or even 5x their original value.
Below is a table that details the total value of a prize when the All Star Bonus Number is matched:
|Correct Numbers Matched||Standard Prize In $||X2||X3||X4||X5||X10|
|5 + Powerball||Jackpot||Jackpot||Jackpot||Jackpot||Jackpot||Jackpot|
|4 + Powerball||$50,000||$100,000||$150,000||$200,000||$250,000||$500,000|
|3 + Powerball||$100||$200||$300||$400||$500||$1,000|
|2 + Powerball||$7||$14||$21||$28||$35||$70|
|1 + Powerball||$4||$8||$12||$16||$20||$40|
For each Powerball prize, there are varying odds of matching the winning draw. The Powerball odds are outlined in the table below. Obviously, the odd of winning the ultimate Jackpot which is matching correctly the five jackpot numbers with the Powerball will be the highest.
|Correct Numbers Matched||Winning Odds|
|5 + Powerball||1 in 292,201,338|
|5||1 in 11,688,053|
|4 + Powerball||1 in 913,129|
|4||1 in 36,525|
|3 + Powerball||1 in 14,494|
|3||1 in 579|
|2 + Powerball||1 in 701|
|1 + Powerball||1 in 91|
|Powerball||1 in 38|
Claim period varies from state to state from 90 to 365 days. Look on your ticket for the claiming period for the respective state.
Jackpot winners can receive their prize as either lump cash or annuity payment. To claim lump cash, the winner has to claim their prize within 60 days of results otherwise they will have to take their prize as an annuity. A player has 60 days from the date they claim their prize to choose the "cash" option or the "annuity" option. If the player selects the "cash" option, the prize will be a single cash payment equal to the amount available to the lottery for the jackpot prize pool. The "cash" prize is estimated to be approximately one-half of the estimated jackpots, depending on current interest rates. If the player chooses an annuity, it will be paid over 29 years, and the annual payment will be increased by a rate as determined by lottery officials.
The steps needed to claim your cash prize are outlined below
US Federal Law necessitates the Lottery to report winnings of $600 or more to the IRS and withhold 25 percent of any claim of more than $5,000. All the States Law has their deductions percentage of winnings. But with winnings of $500, you just might be tax free. All prizes over $599 are subject to taxes and other offsets required by law. Do well to know about your home state tax applicable laws. A save route is to contact the IRS to get concrete information regarding tax winnings.
The cost of a Powerball ticket is $2 per line with additional $1 for the Power Play option. The price is the same in all 47 states.
Success stories of Powerball Jackpot Winners abound as there have been lucky winners that clinch the coveted jackpot. Below are some interesting success stories
LANSING, Mich. - A Shelby Township woman won a whopping $1 million Powerball prize from the Michigan Lottery. She recalls “I stopped at the corner gas station Thursday and as I was checking out, the clerk said: 'The Mega Millions and Powerball jackpots are looking pretty good,'" said Dawn Zendt, 60. "So, I bought 10 tickets for each drawing. As I turned to leave the clerk reminded me to grab my tickets because I had set them on the counter."
Zendt matched the five white balls drawn - 03-06-11-14-66 - in Saturday's drawing to win a $1 million prize. She bought the winning ticket at the Marathon gas station, located at 51969 Van Dyke Avenue in Shelby Township
RALEIGH – A 66-year-old grandfather from Cumberland County has come forward to claim his $344.6 million Powerball prize, making him the largest jackpot winner in state history.
For over two years, Charles W. Jackson Jr. has played Powerball and Mega Millions with the same numbers twice a week in hopes of winning it big.
Jackson’s lucky ticket matched all six numbers in Saturday’s drawing, winning a $344.6 million prize. It’s the largest jackpot in state history.
Powerball is available in 47 states including Puerto Rico. Purchasing Powerball tickets over the internet is not advisable or possible except In some selected states, kindly inquire if this is possible in your respective state. Prizes might not be paid if a ticket was purchased online except in some selected states. Check our sports betting comparison page to get concrete information on licensed lottery operators for Powerball lotteries.
So quickly go to the nearest licensed Lottery retailer near you and purchase your tickets to be part of the Powerball lottery jackpot stories.
The lottery office in each state, newspapers, Powerball lottery channel and popular lottery sites are some of the places to find Powerball results of latest draws
State laws prohibit the sale of Lottery tickets by any other means than in person from a licensed Lottery retailer. But some selected states are an exception to the rule. Kindly inquire if this option is available in your respective states.
Draw and instant tickets can be validated at Lottery retailers or at the Lottery office in each state. They can also be checked in a Check-A-Ticket at Lottery retailer locations.
Sign the back of the ticket immediately! Remember, lottery tickets are bearer instruments, meaning the person who "bears" the ticket can claim it, regardless of who purchased the ticket. The Lottery advises players to sign the back of their tickets when they purchase them - even before the drawing or the ticket is played.
Prizes up to $599 may be claimed at most Lottery retail locations. Prizes of $600 and more must be claimed at the state Lottery office, either in person or by mail, and you must complete a claim form.
You do not need to be a U.S. citizen to play or to claim a prize. Non-residents will be required to provide an address outside of the U.S. But tax on winnings still apply irrespective of nationalization.
You must be 18 years of age and above, persons under the age of 18 are prohibited from claiming a lottery prize in the US. In some state, players must be 21 years old to partake in Powerball.
Conclusion: Ball for life with PowerballIn this article, we have gone through Powerball in details, how you can purchase your tickets, prizes including the jackpot prize and definitely claim that dream cash. The draws are done twice weekly. So quickly get down to the nearest licensed lottery office to get that ticket that would make you win a Powerball Jackpot today!