![]() ![]() Your odds of getting five numbers without the Powerball are 11,688,053.52 to one. ![]() What are the odds of winning the Powerball jackpot?Īccording to Lottery USA, a single ticket has a one in 292,201,338 chance of matching five numbers and the Powerball. If they go for the lump sum, they get the smaller ‘cash value’ figure.Įxplaining the difference between the two jackpot amounts, the Powerball organisers say: “The annuity is invested in government bonds over 29 years, allowing payments to increase by 5% each year.” In the case of Saturday’s draw, the payments would increase from just over $2.5m to around $10.5m. If they opt for the latter, known as the ‘annuity option’, they get the jackpot in full, in steadily rising payouts. Winners of the Powerball jackpot can choose to receive their money as an up-front lump sum, or in annual payments spread out over 29 years. How much can you win in the next jackpot? This option sees players’ numbers added to a second draw after the Powerball draw, with a maximum cash prize of $10m. In some states - Colorado, Florida, Indiana, Maryland, Michigan, Missouri, Montana, New Jersey, Pennsylvania, Puerto Rico, South Carolina, South Dakota, Tennessee and Washington - you can also pay $1 for a so-called Double Play. Power Play isn’t applied to the jackpot, however, and the multiplier is never higher than two if you win the $1m second prize. This multiplies winnings by two, three, four, five or 10, depending on the multiplier number picked out of the hat before the draw itself takes place. Full screen Justin Sullivan Getty Images Power Play, Double Playįor an extra $1, you can add what’s called a Power Play. ![]()
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