Statistics of Powerball


Powerball
Powerball is an American lottery game offered by 44 states, the District of Columbia, Puerto Rico and the US Virgin Islands. It is coordinated by the Multi-State Lottery Association (MUSL), a nonprofit organization formed by an agreement with US lotteries. Powerball's minimum advertised jackpot is $40 million (annuity); Powerball's annuity is paid in 30 graduated installments or winners may choose a lump sum payment instead. One lump sum payment will be less than the total of the 30 annual payments because of the time value of money. Drawings for Powerball are held every Wednesday and Saturday evening at 10:59 p.m. Eastern Time. Since October 7, 2015, the game has used a 5/69 (white balls) + 1/26 (Powerballs) matrix from which winning numbers are chosen, resulting in odds of 1 in 292,201,338 of winning a jackpot per play.[1] Each play costs $2, or $3 with the Power Play option. (Originally, Powerball plays cost $1; when PowerPlay began, such games were $2.) The official cutoff for ticket sales is 10:00 p.m. Eastern Time; some lotteries cut off sales earlier.[2] The drawings are usually held at the Florida Lottery’s studio in Tallahassee View Detial
Powerball Odds
MatchPrizeOdds
5+1Jackpot1 in 292,201,338
5 $1,000,0001 in 11,688,054
4+1$50,0001 in 913,130
4 $1001 in 36,525
3+1$1001 in 14,494
3 $71 in 580
2+1$71 in 701
1+1$41 in 92
1 $41 in 38
Overall chances of winning any prize: 1 in 25