Jackpot Type: Jackpot paid
in 30 instalments over 29 years
Cash prize approximately 50%
Selection: 5 from 59 +
Powerball 1 from 35
How to win:
To win the First division in Powerball,
you will need to correctly select the first six numbers out of a
possible 59 (1-59), and match the Powerball which is selected from a
separate set of 35 (1-35). There is a total of five different
divisions giving you a great chance of getting a win.
When & Where Drawn:
The draw for Powerball takes place
every Wednesday and Saturday Nights at 22:59 Eastern Time in Florida.
Occasionally, with special events draws may take place in any of the
participating states.
Description:
Powerball first commenced in 1988 as
the Lotto America, In April 1992 its name was changed to USA
Powerball. Powerball provides some of the worlds largest Jackpots
with lottery officials estimating that before 2022 we will see a
jackpot larger that $1Billion. To date the largest jackpot on offer
was in November 2012 of $528Million. This Jackpot was won by two very
lucky ticket holders
Tax:
Approximately 36%
Odds:
|
Division
|
Match
|
Odds
|
|
1
|
5 Plus Powerball |
1: 175,223,510 |
|
2
|
5 |
1: 5,153,633 |
|
3
|
4 Plus Powerball |
1: 648,976 |
|
4
|
4 |
1: 19,088 |
|
5
|
3 Plus Powerball |
1: 12,245 |
|
6
|
3 |
1: 361 |
|
7
|
2 Plus Powerball |
1: 707 |
|
8
|
1 Plus Powerball |
1: 111 |
|
9
|
0 Plus Powerball |
1: 56 |

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