Lably
Skip to content

Powerball

American and British lottery game

  • 25 min read
  • 5 chapters

Related on Lably

Through United Kingdom, Matrix (mathematics) and Australia

The winning numbers are made up of five "white balls" from a matrix of 69 and one red "Powerball" from a matrix of 26, resulting in jackpot odds of 1 in 292,201,338 per play. Each play costs two dollars, but players in some states can add Power Play, which allows players to increase the payout of their winning numbers, or Double Play, which allows players to use their numbers in a second, concurrent drawing with a different prize pool, each for an additional dollar. The official cutoff for ticket sales is 10:00 p.m. Eastern Time; some lotteries cut off sales earlier. Powerball's minimum jackpot starts at $20 million annuity. Powerball jackpot winners have the choice of taking the annuity or lump sum cash prize (although in the UK only an annuity is provided). The annuity is paid in 30 graduated installments over 29 years with each annuity payment increasing 5% annually, whereas the lump sum payment, with a cash value of about half of the advertised jackpot, is paid all at once.

Powerball is known for producing some of the largest lottery jackpots in history, including the record-breaking $2.04 billion jackpot won by a ticket purchased in Altadena, California, in 2022.

Powerball members

Mega Millions and Powerball

Alabama, Alaska, Hawaii, Nevada, and Utah do not have state lotteries.

Sign in to keep reading

4 more chapters are free with a Lably account.

More in Sports, games and recreation