POWERBALL is a combined large jackpot game and a cash
game. Every Wednesday and Saturday night at 10:59 p.m. Eastern Time, we draw
five white balls out of a drum with 59 balls and one red ball out of a drum
with 39 red balls.
Players win by matching one of the 9 Ways to Win. The jackpot (won by matching all five white balls in any order and the red Powerball) is either an annuitized prize paid out over 29 years (30 payments) or a lump sum payment. Each ticket costs $1. If the winner chooses the annuity, the annual payment will be increased each year by the percentage set out in the Powerball game rules.
The second prize (won by matching five white balls in any order) is $200,000 paid in cash and any time you match the red Powerball, you win. The overall odds of winning a prize in the game are approximately 1 in 35.
POWER PLAY is a special feature that allows a winner to multiply the original prize amount. Powerball players can multiply their Powerball prizes by 2, 3, 4 or 5 times (does not include the jackpot). The Match 5 prize with Power Play option will always be multiplied 5X’s for $1 million cash Note that any set prizes or Power Play prizes, including the Match 5+0 prize, may be reduced if wins exceed the available prize fund. We pick the Power Play multiplier number at random before each draw. A player must choose the Power Play option when they buy their Powerball ticket.
Match 5 Bonus Prize
Whenever the Powerball jackpot reaches a "new" record level, the amount of the jackpot prize is limited to increases for each draw of no more than $25 million. The jackpot prize money collected in excess of the maximum $25 million increase is then placed into a new Match 5 Bonus prize pool and will accumulate until there is a jackpot winner. When there is a jackpot winner, the Match 5 Bonus prize pool will be divided equally among all winners of the Match 5 prize. The prize will be paid in one cash lump sum.
The Match 5 Bonus prize is in addition to any Power Play prizes that may be won. The Match 5 Bonus prize is not multiplied. For example, a Match 5 Power Play winner will get the regular $1 million prize (since, in the new game, the multiplier is always 5x). Then the Match Bonus pool will be split evenly among all Match 5 winners. If the share of the Match 5 Bonus pool is $500,000, then each Match 5 winner gets an extra $500,000 (for a total of $700,000) and each Match 5 Power Play winner gets a total of $1,500,000.
Although it is unlikely, if no Match 5 winner exists, then the Match 5 Bonus prize pool will be paid out to the Match 4+1 winners.
WHAT TIME AND WHERE IS THE DRAWING?
The drawing is held at 10:59 p.m. Eastern Time [9:59 Central; 8:59 p.m.
Mountain; 7:59 p.m. Pacific] in
Occasionally, the multi-state lottery games go on the road and are drawn
during special events around the nation, but most of the time the numbers are
drawn at Universal Studios in
HOW LONG DOES IT TAKE TO GET MY MONEY?
It takes two weeks to collect the cash from the stores around the nation. If you go to the lottery to claim your prize after that two weeks, then you can generally have the jackpot money (all cash or the first of the annual payments) hit your bank account the next day - maybe the following day if you come to the lottery office very late in the day. That said, you will have no trouble getting a little credit if you wish to buy something big before the two weeks time. Just mention my name - and that you are the Powerball winner
DO POWERBALL TICKETS EXPIRE?Yes. Nothing lasts forever. Ticket expiration periods vary from state to state - from 90 days to one year. They may also change from time to time. The back of your ticket will often give the expiration period for your state. If it is not on the back of your ticket, you might check with your state lottery by using the map.