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Powerball INFORMATION
PowerBall is a lotto game which is a combined large jackpot game and a cash game. Every Wednesday and Saturday night at 22:59 USA Eastern Time, five white balls are drawn out of a drum with 53 balls and one red ball out of a drum with 42 red balls. Players win by matching one of the 9 ways to win. The jackpot is won by matching all five white balls in any order and the red PowerBall. The second prize (won by matching five white balls in any order) is US $100,000 paid in cash. There are 7 more tiers of prizes for a total of 9 tiers, more than any lottery in Europe or Asia. Any time you match the red PowerBall, you win. The overall odds of winning a prize in the game is better than 1 in 36.

Jackpots

Minimum per draw - US $10 Million
Average per draw - US $25 Million
Largest Jackpot - US $103.5 Million (Sept 14th,2002)
Annual Payout - Over One Billion US Dollars Per Year
Winners Per Week - Over 650,000

Payout Method and Taxes
Jackpot is lump sum or 29 year annuity. All other prizes paid lump sum in cash including US $100,000 second prizes. Winnings subject to US taxes but are refunded to residents of countries with USA tax treaties, over 100 countries worldwide.

Prize Pool Division
If you match You Win
Tier 1 JACKPOT 5 WHITE BALLS + POWERBALL US $10,000,000.00 to
US $103,500,000.00
Tier 2 5 WHITE BALLS US $100,000.00
Tier 3 4 WHITE BALLS + POWERBALL US $5,000.00
Tier 4 4 WHITE BALLS US$100.00
Tier 5 3 WHITE BALLS + POWERBALL US $100.00
Tier 6 3 WHITE BALLS US $7,00
Tier 7 2 WHITE BALLS + POWERBALL US $7.00
Tier 8 1 WHITE BALL + POWERBALL US $4.00
Tier 9 POWERBALL ONLY US $3.00

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