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This Graphic Shows How Your Powerball Odds Just Got Better—and Worse

By: Brad Tuttle
Brad Tuttle, expert in Personal finance, shopping, consumer trends, and Senior Editor at Money
Brad Tuttle
Senior Editor | Joined January 2014
Brad Tuttle is a senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.
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Originally Published: Oct 08, 2015
Originally Published: Oct 08, 2015 Last Updated: Jan 12, 2016 1 min read

The new Powerball rules are a win-win for state lotteries. By tweaking the number of red and white balls to choose from, the already-horrendous odds of winning the jackpot are worse than ever. But more people are expected to play because the grand prizes will be bigger and the chances of winning something (like a measly $4) have actually increased.

The first drawing under the new system was in early October, and—not surprisingly—nobody won the $50 million jackpot. The big prize for Powerball has kept creeping upward, and the drawing for Wednesday, January 13, will feature a jackpot over $1.5 billion. Check out the graphic below to see how your odds of winning have changed—for better and for worse.

 

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