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Tomorrow$161,000,000Estimated jackpotWinning numbersPowerball05/29- 17
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Drawing days Wednesday & Saturday at 10:59pm ET / 7:59pm PTwww.powerball.comLearn the odds of winning the Powerball jackpot and the other eight prize levels, from 1 in 292,201,338 to 1 in 38. Find out how Power Play, Double Play and the jackpot size affect your chances of winning.
Learn the odds of winning a prize in Powerball, from the grand prize to the lowest tier. See the prize amounts, match numbers, and Power Play multipliers for each prize level.
2 days ago · Learn the prizes and odds for Powerball base game, Double Play and Power Play. See how Powerball add-ons can boost your winnings and watch a video explanation.
Jul 19, 2023 · The odds of winning a Powerball jackpot — no matter the size — stand near 1 in 292.2 million. Chances of taking home Mega Millions’ top prize are even lower, at about 1 in 302.6 million. Because of the almost impossible chance of winning big, experts stress that you shouldn’t spend all your money on lottery tickets.
- Odds of Winning
- Power Play
- Double Play
- Taxes on Prizes
- Claiming Prizes
- Cash vs Annuity
The prize you win depends on how many of the winning numbers you match. The table below shows what you need to do to win in each tier, the odds of doing so, and the prize amounts before tax. Your overall chances of winning any Powerball prize are around 1 in 25. The jackpot starts at $20 million and increases every time it is not won. It is regular...
A Power Play multiplier of 2x, 3x, 4x, 5x or 10x is randomly selected before each Powerball draw and if you opt in any prizes you win will be boosted by the value of the multiplier. The only exception is the Match 5 prize, which is doubled to $2 million regardless of which multiplier is drawn. The 10x multiplier is only in play when the advertised ...
In Double Play, your numbers have a second chance to win prizes. The Double Play draw takes place just after the main one, and a separate set of winning numbers is selected at random. You can win prizes ranging from $7 for matching just the Powerball to $10 million if you match the lot. Unlike the main game, the Double Play jackpot does not roll ov...
Prizes of up to $600 are not taxed, but if you win an amount between $600 and $5,000 you will need to report your winnings on a federal income tax form. Any prize over $5,000 will be subject to a federal withholding of at least 24% (up to 37% for jackpot winners). Additionally, you may be taxed at a state level depending on where you bought your ti...
If you win a prize, you must claim it in the state where you bought your ticket. Each state has its own limit for how long tickets remain valid, ranging from 90 days from the date of the draw in New Mexico to a year in several jurisdictions. You can claim prizes of up to $600 from authorised retailers, but for larger amounts you will need to submit...
If you win the jackpot, you can choose between a lump sum or an annuity. The annuity is the advertised jackpot value and will see you paid in 30 instalments over 29 years, with the first payment made straight away. The annuity shows how much you will receive if the money is invested by the lottery, taking into account all of the profits that the in...
Apr 4, 2024 · Lottery officials set the odds at 1 in 292.2 million in hopes that jackpots will roll over with each of the three weekly drawings until the top prize becomes so enormous that more people take notice and play. The odds used to be significantly better, at 1 in 175 million, but were made tougher in 2015 to create the humongous jackpots.
What are the odds of winning a prize? How many numbers are there in Powerball? Does Powerball have a minimum guaranteed jackpot? Is it easier to win Powerball when the jackpot is lower? Does Powerball have a rollover limit or jackpot cap?
