Powerball: how to play, odds & more

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HOW TO MULTIPLY WINNINGS WITH POWER PLAY:

For an additional $1 per play per draw (total cost will be $3), Power Play will increase NON-jackpot winnings.
To select Power Play, mark the Power Play circle on the playslip, or ask the clerk to add Power Play when purchasing a ticket.
For every Powerball drawing, a Power Play multiplier is drawn to multiply certain prizes.
- When the advertised annuity jackpot is less than or equal to the Major Jackpot Level, the multiplier will be either 2X, 3X, 4X, 5X, or 10X.
- When the advertised annuity jackpot is greater than the Major Jackpot Level, the multiplier will be either 2X, 3X, 4X, or 5X.
- The Major Jackpot Level will never be less than $150,000,000.
If your ticket wins a prize from $4 to $50,000
Examples: If you added Power Play and your prize is $100 and the Power Play multiplier drawn was 3X, you win $300 ($100 X 3). If you added Power Play and your prize is $50,000 and the Power Play multiplier drawn was 5X, you win $250,000 ($50,000 X 5).

and the Power Play is added, the prize amount will be multiplied by that drawing’s Power Play multiplier.
The $1,000,000 prize becomes $2,000,000 with Power Play. The Power Play multiplier for the $1,000,000 prize will never be greater than 2X.

Please click features and procedures for more details.

HOW TO WIN MORE WITH POWER PLAY:

MULTIPLIER LEVEL	ODDS AT OR BELOW Major Jackpot Level	ODDS ABOVE Major Jackpot Level
10 times (10X) the prize won	1:43	**
5 times (5X) the prize won	1:22	1:21
4 times (4X) the prize won	1:15	1:14
3 times (3X) the prize won	1:3.4	1:3.3
2 times (2X) the prize won	1:1.8	1:1.75

Powerball Results Online — Latest Powerball Lottery Numbers

Powerball, formally known as lotto America before its renaming in 1992, is an amazing lottery game. Since its first draw in 1978, the lotto has continuously hosted draws in all the different states of the USA. However, players outside the United States can access the game online at Multilotto. The only requirement is that you are above 18 years of age. Beyond this, you get to play whether as a single player or in the syndicate mode (playing as a group) to increase your chances of winning.

Up to date, the lottery has awarded over 473,026 lucky winners from around the globe. These wins include the massive jackpots and the other 8 possible wins in the draw. Powerball has paid out $6,189, 907 as wins in the mini draws. To join these players all you need to purchase a ticket at your retailers or simply do it at the comfort of your home with Multilotto, then await the Powerball numbers during the draw for your chance of winning.

Types of Lottery Services

There are two types of online lottery services. The first is a messenger service which employs a specialist secure courier to buy the ticket on your behalf. A small fee is charged to buy the ticket but there are no commissions on any prizes whatsoever.

The second type of lottery service is where you bet on the outcome of the Powerball lottery. The odds, prizes and most importantly of all, the jackpot, are exactly the same. Large jackpots are covered by using sophisticated insurance models. The cost of the ticket is often exactly the same as the face value of the real Powerball ticket. Again, there are no commissions on any of your winnings. Whatever you win you get to keep all of it.

Annuity vs. Cash

98% of Powerball jackpot winners chose to take the cash option. Or to put it another way, only 4 winners in the last 13 years (2003 — 2016) chose the annuity option.

If you win the Powerball jackpot, you have the option of taking an annuity — an annual payment over 30 instalments — or a cash lump sum paid to you in full. You’ll see there’s quite a difference between the two. This is because the cash lump sum pays out whatever’s in the jackpot fund, whereas the annuity includes both the cash sum and the interest generated by investing it over the next 29 years. The value of the annuity option also has the added benefit of increasing by 5% annually.

PowerPlay Odds

Jackpot is over US $150m — Without 10x multiplier (42 multipliers in pool)
Power Play Multiplier	2x	3x	4x	5x
5-ball prize: US $2 million. All other prizes multiplied by the number on the selected multiplier.
Odds	1 in 1.75	1 in 3.23	1 in 14	1 in 21

Jackpot is under US $150m — With 10x multiplier (43 multipliers in pool)
Power Play Multiplier	2x	3x	4x	5x	10x
5-ball prize: US $2 million. All other prizes multiplied by the number on the selected multiplier.
Odds	1 in 1.79	1 in 3.31	1 in 14.33	1 in 21.5	1 in 43

Annuity vs. Cash

98% of Powerball jackpot winners chose to take the cash option. Or to put it another way, only 4 winners in the last 13 years (2003 — 2016) chose the annuity option.

The cash option is taxed in full when it is paid out — and taking the annuity option can also mean that more of the prize money is taxed at a lower rate over time. You can also leave the annuity to your family if you die, so there’s no risk of losing out on your prize money if you’re not expecting to live another 30 years.