Powerball Lottery


USA Powerball Lottery Rules

In order to participate in PowerBall lottery, first of all, you need to buy a ticket. The draws are held in format of 5 numbers out of 69 + 1 number out of 26. The lucky player, who correctly marked whole combination of six numbers hits the jackpot. If no one wins the grand prize, it will be increased at least for $10 million and transferred to the next draw.

Also, PowerBall offers an additional PowerPlay option, which increases any win up to several times, except of the jackpot. You have to pay extra for PowerPlay and for each additional combination while buying a ticket. In this regard your prize can be multiplied by the coefficient of the current draw, which ranges fr om 2 to 10.

Date, Time, and Place of draws

The PowerBall lottery draws are held every week on Wednesdays and Saturdays at 23:00 EET. Draws are held at Universal Studios in Orlando, Florida.

Requirements

Everyone can become a participant of the PowerBall lottery. Location of the player doesn’t matter. Main requirement is that at the time of a ticket purchase you must reach the age of 18.

Prizes and Odds of Winning

PowerBall Jackpot isn’t limited. Its minimum is $40 million and if no wins it the sum is transferred to the next draw and raised by $10 million every subsequent draws. In order to hit the jackpot you need to guess all 6 numbers of the winning combination and the odds of winning is 1 in 292 201 338. Jackpot can be paid as a whole sum at once or as equal payments during 29 years.

Besides the jackpot, there are eight winning categories, depending on the amount of numbers matched. Minimal reward goes for guessed red ball known as PowerBall.

Powerball Prize Categories

Match Odds Prize
5 + 1 1:292 201 338 Jackpot
5 + 0 1:11 688 053.52 $1 000 000
4 + 1
1:913 129.18 $50 000
4 + 0 1:36 525.17 $100
3 + 1 1:14 494.11 $100
3 + 0 1:579.76 $7
2 + 1 1:701.33 $7
1 + 1 1:91.98 $4
0 + 1 1:38.32 $4

Prize categories with PowerPlay

Match Prize with PowerPlay (odds)
#2 (1:79) # 3 (1:3.31) # 4 (1:14.33) # 5 (1:21.5) # 10 (1:43)
5 + 1 Jackpot Jackpot Jackpot Jackpot Jackpot
5 + 0 $2 million $2 million $2 million $2 million $2 million
4 + 1 $100 000 $150 000 $200 000 $250 000 $500 000
4 + 0 $200 $300 $400 $500 $1 000
3 + 1 $200 $300 $400 $500 $1 000
3 + 0 $14 $21 $28 $35 $70
2 + 1 $14 $21 $28 $35 $70
1 + 1 $8 $12 $16 $20 $40
0 + 1 $8 $12 $16 $20 $40

All Powerball prizes, except the jackpot, are valid during 180 days.

  • Prizes less than $249 999 are paid out during till the end of the day.
  • Prizes fr om $250 000 to $499 999 are paid out the same day they are won, if the participant can visit GLC office or local lottery departments till 4 p.m. If participant can't visit lottery office, he can get his prize the next day after draw.
  • Prizes more than $500 000 are paid out during 5-10 working days since date of withdrawing claim and are transferred to your bank account.

Powerball prize taxes

The tickets are purchased in Georgia wh ere all prizes more than $5 000 are subject to income federal taxes 25% and state tax of 6%. If player decides to get the prize personally taxes for non US residents is 36%. Organizers levy taxes during withdrawal. That’s why all winnings more than $5 000 will be transferred to the prize account levy 31% — 36% taxes.

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