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The jackpot can, and often does, reach values of hundreds of millions of dollars.

The Good News

But there's more to Powerball than just the jackpot prizes. The value of the prizes depends on how many numbers a player has guessed correctly, and the number of prizes awarded in each drawing is limited only by how many people make correct guesses.

  • The Bad News?
  • Finish Powerball Quantum Max g;
  • Odds of winning Powerball prizes?

For an additional dollar, you can add the PowerPlay option, which increases the size of your prize if you correctly guess one to five qualifying numbers. If you purchase the PowerPlay option, the value of any prize you win for matching fewer than five balls will be multiplied by a randomly-drawn value between two and five.

For the payouts for matching five or six balls, the PowerPlay option works differently. The other multipliers don't come into play. The PowerPlay doesn't affect the size of the jackpot, which is fixed whether you purchase the PowerPlay option or not.

How are the Powerball Odds Calculated?

No multipliers will be applied. Powerball is a two-drum lottery game.

One drum holds 69 white balls, while the other drum holds 26 red balls. Only one red ball will be drawn, and that red ball is called the Powerball. When you buy your ticket, you'll select five numbers these winning numbers will be drawn from the first drum with the white balls and one Powerball number the winning Powerball number will be drawn from the second drum with the red balls.

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  6. You can choose your Powerball numbers or you can let the Powerball machine draw your numbers for you at random. The order of your first five Powerball numbers doesn't affect your chances of winning. So if you pick the numbers 1 3 9 13 17 and the Powerball 6, and the winning numbers come up 17 9 1 3 13 6 , you'll still win the jackpot. The red Powerball must be correctly guessed to count toward your winnings.

    How Powerball Works: What You Need to Know to Win

    To win a Powerball prize, you only need to pick one single number correctly: the red Powerball. To win the Powerball Jackpot, you need to match all five white balls in any order, as well as the red Powerball. Here are the Powerball payouts :.

    As of December 28, , the odds were listed as follows:. Powerball Multi-Draw lets you easily play the same numbers on up to 26 consecutive drawings at the same time. Using the Multi-Draw options helps ensure you don't miss a drawing. You can also choose the Future Drawing option on your Powerball ticket to play on specific dates. So if you feel like an upcoming date will be particularly lucky for you maybe a birthday, anniversary, or a date containing a lucky number , you can be sure you won't forget to play on that day.

    The Powerball. Other than that, there's no secret to choosing winning numbers that will improve your odds.

    Calculate Your Chance of Winning the Lottery

    The number draw is totally random. However, you can read my lottery winning tips that really work to find no-nonsense tips to help you win lotteries. If you have friends or coworkers who enjoy playing the lottery, you can also join together to increase your odds of winning without paying more money by using a lottery pool.

    Powerball And Mega Millions New Formula

    Whenever the Powerball Jackpot gets really big, tons of people start entering for the chance of winning hundreds of millions of dollars. After all, about one in five people believe that the best way to get rich is to hit a lottery jackpot. But does it make sense to play Powerball?

    Excel Tutorial: How to Select Lottery Numbers

    But how does ,, to 1 stack up against other seemingly remote events occurring? Well, ironically, you are times more likely to become a billionaire the old-fashioned way you know, like creating Facebook than winning the Powerball.

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    You are times more likely to be struck by lightning. And you are 5,, times more likely to live to be years old. Sadly, it seems that the odds winning the Powerball are truly stacked against you. But what makes the odds so long? I mean the concept seems so simple; all you have to do is pick six numbers. Well, the answer lies in how those six numbers are picked and more specifically in the Powerball number itself. To win the Powerball, you must pick five numbers from a pool of 69 numbers and then match the Powerball from a pool of 26 numbers.

    And, in essence, the Powerball is simply using the power of factorials to make a seemingly easy concept just pick 6 numbers a virtually impossible task. As I said earlier, there are two distinct parts of the Powerball; the first 5 numbers and then the Powerball. Thus, both parts must be considered when calculating the odds.

    Simply put, in the first part you pick 5 numbers from a pool of This equals 1,,, So you then divide into 1,,, to get 11,, These are your odds of picking the first five numbers of the Powerball.