What are the payouts for Powerball winnings?
The prize structure of Powerball below can help you calculate the odds of winning the lottery:
| Numbers Matched | Prize | Odds of Winning |
|---|---|---|
| 3 + Powerball | $100 | 1 in 14,494.11 |
| 3 | $7 | 1 in 579.76 |
| 2 + Powerball | $7 | 1 in 701.33 |
| 1 + Powerball | $4 | 1 in 91.98 |
Does 2 numbers on Powerball pay anything?
If you match two numbers, you’ll win $4, but ONLY if one of those numbers is the red Powerball. Here are more details on how to win the Powerball drawing. If you match two white Powerball numbers, then unfortunately you won’t walk away with any money, according to Powerball’s rules.
How much do I win with one number and the Powerball?
If you only matched one white number on the Powerball, you did NOT win any money. If you only matched one number and it was the red Powerball Number itself, then you’ll win $4.
How do they calculate the Powerball?
The number of ways your Powerball number can match the single Powerball number is: COMBIN(1,1) = 1. The product of these is the number of ways you can win the Jackpot: COMBIN(5,5) x COMBIN(1,1) = 1. The probability of success is thus: 1/292,201,338 = 0.000000003422297813+.
How many Powerball combinations are there?
There are 69 possible numbers for the white balls and 26 possible results for the Powerball. Thus, the odds of picking that perfect combination with a single ticket are one in 292,201,338. Each Powerball ticket costs $2.
What happens if you get all 5 numbers but not the Powerball?
Power Play numbers that can be chosen are 2, 3, 4, 5 and possibly 10 (if the jackpot is $150 million or less). If you match five Powerball numbers but not the Powerball and chose a Power Play option on your ticket, your prize automatically doubles regardless of the number that comes up in the Power Play drawing.
How many lottery numbers do you need to win a prize?
Under current rules, which were updated in November 2020, you match all six numbers, then you win the jackpot. Easy. You can also win some cash by matching two, three, four, and five of the six numbers.
How much do you get if you take the lump sum in Powerball?
It works out something like this if you take the lump sum for the $930 million jackpot: $930 million, less 25% withheld = $232,500,000. Less an additional $111,600,000 (to meet 37% tax rate)
How is the lottery calculated?
To figure out your odds, use an equation in which “k” represents the numbers you choose correctly, “r” represents the total numbers drawn, and “n” represents the number of unique numbers the numbers will be drawn from. Without numbers, the formula looks like this: × ( r − k ) ! × ( n − r ) !
What are the winning numbers for the Powerball for January 13, 2016?
Powerball Powerball winning numbers for Wednesday, January 13, 2016 are 4, 8, 19, 27, 34. The Powerball number is 10. Powerball Numbers – Wednesday, January 13, 2016
Where was the winning Powerball ticket purchased in 2016?
The winning jackpot tickets matching five main numbers and the Powerball were purchased in California, Florida and Tennessee.
What was the winning numbers for the Powerball?
The winning numbers were 08, 27, 34, 04 and 19, and the Powerball was 10. The odds of winning the record jackpot were 1 in 292 million. Balbir Atwal, owner of the 7-Eleven franchise in Chino Hills that sold one winning ticket, said it was “very exciting.”
When is the drawing for the Powerball?
Powerball drawings are held every Wednesday and Saturday at 10:59 p.m. Eastern time. The Powerball jackpot starts at $20 million and gets bigger and bigger until somebody wins.