1. Game Overview
Powerball is a multi-state lottery game played across 45 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands. Players select numbers for a chance to win massive jackpots and secondary prizes.
2. How to Play
Number Selection:
- Choose 5 numbers from 1 to 69 (white balls).
- Choose 1 Powerball number from 1 to 26 (red ball).
- Alternatively, opt for a Quick Pick to have numbers randomly generated.
Ticket Cost:
- $2 per play.
- Add Power Play for an extra $1 to multiply non-jackpot prizes (see Section 4).
Check out more on how to play Powerball here!
3. Draw Schedule
- Drawings occur every Monday, Wednesday, and Saturday at 10:59 PM ET.
- Ticket sales close 1–2 hours before the draw (varies by state).
4. Power Play Option
- For an additional $1, non-jackpot prizes are multiplied by 2x, 3x, 4x, 5x, or 10x.
- The multiplier is randomly selected before each draw.
Exceptions:
- The Match 5 prize (5 white balls, no Powerball) is fixed at $1 million and not multiplied.
- The 10x multiplier applies only when the jackpot is below $150 million.
5. Prize Tiers & Odds
Match | Powerball? | Prize (Base) | Odds of Winning |
---|---|---|---|
5 + 1 | Yes | Jackpot | 1 in 292,201,338 |
5 | No | $1,000,000 | 1 in 11,688,053.52 |
4 + 1 | Yes | $50,000 | 1 in 913,129.18 |
4 | No | $100 | 1 in 36,525.17 |
3 + 1 | Yes | $100 | 1 in 14,494.11 |
3 | No | $7 | 1 in 579.76 |
2 + 1 | Yes | $7 | 1 in 701.33 |
1 + 1 | Yes | $4 | 1 in 91.98 |
0 + 1 | Yes | $4 | 1 in 38.32 |
6. Jackpot Payout Options
Annuity:
- Jackpot is paid in 30 graduated installments over 29 years.
- Each payment increases by 5% annually to account for inflation.
Cash Lump Sum:
- Receive a one-time payment equal to the current cash value of the jackpot (approximately 50–60% of the advertised annuity value).
7. Claiming Prizes
- Small Prizes (≤ $600): Can be claimed at authorized retailers or lottery offices.
- Large Prizes (> $600): Must be claimed at a lottery office.
- Deadlines: Vary by state (typically 90 days to 1 year from the draw date).
8. Tax Rules
Federal Taxes:
- 24% mandatory withholding on prizes > $5,000.
- Remaining amount subject to federal income tax (up to 37%).
State Taxes:
- Varies by state (e.g., California taxes 0%, New York up to 8.82%).
- Some states also impose local taxes.
9. Eligibility & Sales Restrictions
- Players must be at least 18 years old (19+ in Nebraska; 21+ in Arizona).
- Tickets cannot be purchased online across state lines (check your state’s official lottery website for online sales).
10. Historical Changes
October 2015:
- White ball numbers expanded from 1–59 to 1–69.
- Powerball numbers reduced from 1–35 to 1–26.
- Jackpot odds worsened from 1 in 175 million to 1 in 292 million.
11. Key Notes
- Multiple Winners: Jackpots are split equally among winners.
- Unclaimed Prizes: Funds revert to state lottery programs (e.g., education, infrastructure).
For the most accurate and updated rules, visit the official Powerball website:https://www.powerball.com
This summary complies with U.S. lottery regulations as of October 2023. Always verify rules with your state lottery authority.