By Rob Wile
August 22, 2017

Tomorrow’s Powerball drawing could see someone bringing home $700 million, the highest jackpot figure since January 2016’s $1.6 billion, and potentially the third-biggest lottery prize ever handed out.

The one-time cash pay out for hitting the jackpot in Powerball, which is played in 44 states, has now reached $443.3 million. (That’s before taxes, mind you. Winners will see 25% deducted in federal taxes, plus even more in local taxes if they live in a state that taxes lottery winnings.)

Unfortunately, the odds of winning the grand prize — meaning hitting all five numbers plus the powerball number — are 1 in 292.2 million.

But that’s not the only prize you can win playing Powerball. Your odds are a bit better for lesser winnings. Here are all the possible prizes in Powerball, and the odds of winning for each:

  • 5 Balls and Powerball for $700,000,000: 1 in 292.2 million
  • 5 Balls w/o Powerball for $1,000,000: 1 in 11.7 million
  • 4 Balls and Powerball for $50,000: 1 in 913,129
  • 4 Balls w/o Powerball for $100: 1 in 36,525.17
  • 3 Balls and Powerball for $100: 1 in 14,494.11
  • 3 Balls w/o Powerball for $7: 1 in 579.76
  • 2 Balls and Powerball for $7: 1 in 579.76
  • One Ball and Powerball for $4: 1 in 701.33
  • Powerball alone for $4: 1 in 38.32

The Powerball jackpot has not been hit since June, when a winning ticket for $447 million was sold in Southern California.

The lottery’s biggest jackpots are often shared by multiple winners. The $1.6 billion Powerball prize and a March 2012 $656 Mega Millions prize were each shared by three ticket holders.

You May Like

EDIT POST