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Powerball Prize Requirements: How Many Numbers Needed to Win?

A single winning Oregon Powerball ticket matched all five numbers and the Powerball, resulting in a $1.33 billion jackpot of 22, 27, 44, 52, and 69.

By Newsd
Published on :
Powerball Prize Requirements How Many Numbers Needed to Win
Source: CNBC

Powerball Prize Requirements: A single winning Powerball ticket purchased in Oregon on Saturday night matched all five numbers and the Powerball itself. With a Powerball of nine, the winning numbers for the $1.33 billion jackpot were 22, 27, 44, 52, 69.

Instructions for Powerball

A standard ticket for the Powerball costs $2. Five numbers from 1 to 69 and a Powerball number from 1 to 26 are required to participate.

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Where can I play the Powerball?

Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, and South Carolina participate in Powerbal.

Powerball jackpot winners can choose a single amount or 29 years of yearly payments.

They receive the entire prize in progressive payments by choosing the “annuity option.”

If they opt for the single sum amount, they reduce the ‘cash value’.

Powerball administrators explain, “We invest the annuity in government bonds for a period of 29 years, allowing the payments to increase by 5% annually.”

Colorado, Florida, Indiana, Maryland, Michigan, Missouri, Montana, New Jersey, Pennsylvania, Puerto Rico, South Carolina, South Dakota, Tennessee, and Washington provide $1 Double Plays. This option adds participants to a draw after the Powerball draw, which has a $10 million cash prize.

How much can you win in the next jackpot?

  • Five numbers + Powerball: jackpot
  • Five numbers: $1m
  • Four numbers + Powerball: $50,000
  • Four numbers: $100
  • Three numbers + Powerball: $100
  • Three numbers: $7
  • Two numbers + Powerball: $7
  • One number + Powerball: $4
  • Powerball: $4

Why are two reward figures present?

Powerball jackpot winners can choose a single amount or 29 years of yearly payments.

They receive the entire prize in progressive payments by choosing the “annuity option.”

If they opt for the single sum amount, they reduce the ‘cash value’.

Powerball administrators explain, “We invest the annuity in government bonds for a period of 29 years, allowing the payments to increase by 5% annually.”

Bear in mind that all winnings are subject to taxation.

Probability of winning Powerball?

Lottery USA says a Powerball ticket has a 1 in 292,201,338 chance of matching five numbers. The odds of getting five numbers without Powerball are 11,688,053.52 to one.

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