what are the payouts for the powerball

What are the payouts for the powerball

There are nine different ways to win Powerball prizes in every draw, based on how many numbers you match. If there are multiple winners of the jackpot, it will be shared equally between them. The eight prizes below the jackpot are fixed amounts, so for these prizes there is a guaranteed payout regardless of how many winning players there are. Go to the Powerball Numbers page to see the latest prize payouts.

Drawings are held Monday, Wednesday and Saturday, at pm. Pools close at pm. Winning numbers are available here after the drawings, and the drawings can be viewed on the official Powerball website. A Power Play purchase increases all non-jackpot prizes by 2x, 3x, 4x, 5x or 10x. See the grid below for more information. The tickets print the white ball numbers the first five numbers in numerical order. You can match the first five white ball numbers drawn in any order.

What are the payouts for the powerball

Getting all the numbers right is pretty hard, nigh on impossible, but despite dreams of that elusive jackpot, there are many smaller prizes to put a smile on your face if you match some of the numbers in your ticket. Powerball was not hit tonight. Jackpot for Saturday, Mar. Additionally, as the jackpot grows in value so does the number of players trying to win. When you play Powerball, you need to choose six numbers from two separate pools for the drawing. Players choose five numbers between 1 and 69 for the white balls and one number for a red ball, or Powerball, from 1 to All states set the 2nd through 9th prizes at pre-determined amounts, except California, where all prize payouts are based on sales and the number of winners. The nine possible winning combinations are as follows, starting from the smallest, and thus the highest odds of winning. The odds of your ticket matching only the Powerball is 1 in The odds more than double to a 1 in 91 chance. However, the much greater prize comes with significantly tougher odds: , to 1. The vast majority who do play will keep dreaming with the odds stacked seriously against them with just ,, to 1 shot of buying a ticket that matches all five numbers and the Powerball. Maite Knorr-Evans maiteknorrevans. Update: Mar 9th, EST.

The odds more than double to a 1 in 91 chance. What time and where is the drawing?

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The Payouts are awarded on the basis of how many numbers you have matched. The golden rule that prevails here is that the more numbers matched the bigger is the prize. The biggest decision you have to make in the lottery is to choose your Powerball number. Matching a Powerball along with two regular numbers will pave you to the path of winning tiers. The prize structure of Powerball below can help you calculate the odds of winning the lottery:.

What are the payouts for the powerball

With no cap in place, jackpots can easily run into the hundreds of millions — and even billions — of dollars. The table below details the different prizes on offer in Powerball and the odds of winning each one:. The Power Play is an add-on that you can opt in to when you enter Powerball. For an additional stake, the Power Play increases any non-jackpot prizes won by up to 10 times their original value.

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Winner s who elect a cash payment shall be paid their share s in a single cash payment. In the event the prize liability is exceeded, then the prizes set forth in paragraphs E 1 to E 8 of this rule may be paid on a pari-mutuel basis, or in another manner as determined by the director, rather than a set prize basis, provided, however, that in no event shall the pari-mutuel prizes or other prizes awarded be greater than the applicable set prizes. The starting jackpot and minimum jackpot rolls will be determined based on sales. In the event that a player has purchased the "Power Play" option and the "Power Play" number selected for that respective drawing is four, the set prize award of one hundred dollars shall be multiplied by four and the player shall be entitled to a total prize award of four hundred dollars. Head over to the Double Play page to see all the prize details. If individual shares of the cash held to fund an annuity is less than two hundred fifty thousand dollars, the Ohio lottery may elect, in its sole discretion, to pay the winners their share of the cash held in the grand prize pool. When you add Double Play, your numbers are entered into a separate drawing which takes place just after the main drawing. Any ticket that is accepted by the director as a returned ticket is for Ohio lottery commission auditing purposes only and shall have no effect on the outcome of the drawing for which they were issued or reduce the Ohio lottery commission's required contribution to the grand prize pool. Frequently Asked Questions What does Powerball cost to play and how do you win? In the event that a player has purchased the "Power Play" option and the "Power Play" number selected for that respective drawing is four, the set prize award of four dollars shall be multiplied by four and the player shall be entitled to a total prize award of sixteen dollars. This option is available in all participating states and jurisdictions except California, where prizes must be pari-mutuel according to state law. The odds of your ticket matching only the Powerball is 1 in The public shall be informed as to the time and place of each prize drawing.

The Powerball jackpot continues to increase with each subsequent draw until it is won. The final estimated jackpot amount prior to the draws on Monday, Wednesday and Saturday will depend upon how much money is already in the pot as a result of rollovers plus how many tickets are expected to be sold for the next drawing. The jackpot value is the same across all 48 jurisdictions where Powerball is played.

In the event that the liability cap is exceeded and prizes are paid on a pari-mutuel basis, the amounts to be used for allocation of such pari-mutuel prizes, or other prizes awarded, for each prize level shall be determined in accordance with applicable procedures. All states set the 2nd through 9th prizes at pre-determined amounts, except California, where all prize payouts are based on sales and the number of winners. When you play Powerball, you need to choose six numbers from two separate pools for the drawing. Players may use a bet card to have the auto pick feature select their numbers in either field one, field two or both fields. Jackpot for Saturday, Mar. In the event that a player has purchased the "Power Play" option and the "Power Play" number selected for that respective drawing is four, the set prize award of four dollars shall be multiplied by four and the player shall be entitled to a total prize award of sixteen dollars. You need the original winning ticket to claim your prize. Don't Miss Out! I Procedures for claiming and payment of prize awards. Within sixty days after a holder of a valid winning ticket presents for payment his or her valid claim for a grand prize, he or she may elect to receive payment of a grand prize as a lump sum cash payment "lump sum cash option".

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