About Powerball Lottery
Powerball is a lottery game that is popular in America (USA). And the draw of this lottery takes place at Tallahassee, Florida. There are six balls in Powerball lottery and each has a number written on it. Five balls are white, and one ball is red. This lotto is being played actively in all states of the US except Nevada, Alabama, Mississippi, Utah, Alaska, Hawaii. History of this lottery is really interesting, It started in 1992 to raise funds for good cause. It is giving a fair chance to anyone can become a millionaire. Nowadays, you can play it by sitting at home because everything is available online. In its early days, the Ticket price was $1 for each play, and powerplay was additional $1 if you want to choose. Later the ticket price has been raised to $2, and power play remains the same. It has numbers from 1 to 69, and you have to choose five numbers to play a game. Power Ball has numbers from 1 to 26, and you have to choose one number. Read more about Powerball
* Don't forget to pay taxes on your winnings. Whether it's a small payout or a large one, You have to pay federal and state taxes.
Powerball payout starts from $4, and that can be win by matching one number only. This payout inclusion in Powerball increases the overall chance of winning. Matching one number doesn't win you a lot of money. But it is something that boosts your confidence and also recovers your ticket cost.
Everyone is not going to win a huge amount by matching 5 or 6 numbers in each draw. And that's the reason to promote the lottery They broke down the prizes in 9 tiers. So people can win prizes according to the different types of payouts.
Powerball Payout Chart
Powerball Home Winning Numbers
This chart will show you how much you will win with different winning number combinations. Minimum payout is $4 if you match one white ball with Power ball or match only Power ball. And the maximum amount you can win in current Powerball is the Jackpot Prize.
| Match Case | Payout | Odds |
|---|---|---|
| 5 + PB | Jackpot | 1 in 292,201,338 |
| 5 | $1 Million | 1 in 11,688,054 |
| 4 + PB | $50K | 1 in 913,129 |
| 4 | $100 | 1 in 36,525 |
| 3 + PB | $100 | 1 in 14,494 |
| 3 | $7 | 1 in 580 |
| 2 + PB | $7 | 1 in 701 |
| 1 + PB | $4 | 1 in 92 |
| Only PB | $4 | 1 in 38 |
Powerball Home The Last Night
Can I buy a Powerball ticket online? If you're outside the U.S. Or in Texas, California, Michigan, Minnesota, New Hampshire, Oregon, Washington or Pennsylvania you can purchase Powerball tickets through Lottery.com at play.lottery.com! When is the Powerball? Powerball drawings take place twice a week on Wednesdays and Saturdays. Powerball® is a multi-state jackpot game. Drawings are held at 9:59 p.m. CT every Wednesday and Saturday. Note: Draw sales end at 8:59 p.m. CT Wednesday and Saturday. Disclaimer: Information found on this website is believed to be accurate. If you have questions about the winning numbers, contact the Lottery at (781) 848-7755 or visit your nearest Lottery agent or Lottery office for the official winning numbers. Lottery results for the Oregon (OR) Powerball and winning numbers for the last 10 draws. All rights herein are strictly reserved. If you use this Web site you agree to the terms and conditions in this user agreement. Estimated Jackpot - is the estimated value of the jackpot which is estimated based on tickets sold for the particular draw on a particular game.
When you win the Jackpot then how much you are going to get after the taxes. We have done a full analysis of Powerball Jackpot. You can check it by clicking the button below.
There is a Power Play option in this Lottery. So if you opt this option by paying $1 additional then you can multiply your winning amount by a multiplier. Multiplier can be 2x, 3x, 4x, 5x, or 10x. Following chart shows you the list of power play prizes.
Powerball Home
As you win a prize, You will need to pay taxes on your winnings. There are at least two taxes levied on your prize money, Federal tax, and State tax. In your jurisdiction, there might be some local taxes imposed on your payout, and you must have to pay those also.
Cash Payout:- You can opt to get the Jackpot payout in cash at the time of the claim. Approximate (lump sum) cash amount is around 60% of the advertised jackpot.
Annuity Payout:- If you choose this option, then you will get the Jackpot amount in 30 installments. The installment will increase by 5% each year. This option will give you 100% of the advertised jackpot.
Federal Tax:- In the US, Federal tax is dependent on the money you earn or win. Federal tax is variable from 10% to 37%. Here for the Jackpot amount, you always fall on a 37% tax category.
Powerball Numbers
State Tax:- State taxes in the US varies between 0% to 10% and is independent of payout value. You can check state tax for your residing state on Powerball Analysis page.
Powerball Home Home
Your total tax liability is around 40-45% approximately. This liability includes both federal and state tax. Gross payout is not the amount you are going to get in hand. Net payout is what you will get after paying all the payments.
Power Play Prize Chart
| Match | Power Play |
|---|---|
| Match 5 + PB | Jackpot |
| Match 5 | $2 Million |
| Match 4 + PB | $100,000 |
| Match 4 | $200 |
| Match 3 + PB | $200 |
| Match 3 | $14 |
| Match 2 + PB | $14 |
| Match 1 + PB | $8 |
| PB | $8 |
Powerball Home
10X Multiplier comes into play when the jackpot prize is less than $150 million. Otherwise it is out of the game. Prize amount of Match 5 main numbers will be multiplied by 2 only even if the multiplier is more than of it.