The US Powerball is one of the biggest and best known lotteries in the world due to the fact that it has no rollover cap, meaning the jackpot can roll for multiple draws without being won and quickly soar into nine figures. The record Powerball jackpot stands at $1.58 billion, which was won by three tickets from California, Florida and Tennessee on Wednesday 13th January 2016. Top prize winners can choose to receive their money either as a lump sum or as an annuity paid out over 30 years.

Powerball jackpots are won when a player matches five main numbers from a possible 69 and then one Powerball number from a second matrix of 1 to 26. The odds of winning the jackpot are 1 in 292,201,338, but the overall odds of winning any prize are 1 in 24.87 and it is possible to earn money just by matching the Powerball.

The Power Play option gives participants the chance to increase non-jackpot prizes for a small additional fee. Players who match five main numbers will have their prize doubled from $1 million to $2 million regardless of the multiplier chosen at random in the game, and every other non-jackpot winner using the Power Play will have their prize multiplied by 2, 3, 4 or 5 times depending on the number of the Power Play ball drawn. When the estimated jackpot is $150 million or below, a 10x multiplier can appear as part of the Power Play feature.

Draws take place twice a week, on a Wednesday and Saturday evening at approximately 10.59pm EST in Tallahassee, Florida, and the game is one of the most popular in the world. A total of 44 states currently participate in the lottery, which is almost double from the amount playing in 2009, as well as the US jurisdictions of Puerto Rico, the U.S. Virgin Islands and Washington D.C. With a minimum jackpot of $40 million and regular rollovers reaching into hundreds of millions of dollars, it is no surprise that the Powerball is going from strength to strength!

Match Odds of Winning Prize
Match 5 plus Powerball 1 in 292,201,338 Jackpot
Match 5 1 in 11,688,053.52 $1 million
Match 4 plus Powerball 1 in 913,129.18 $50,000
Match 4 1 in 36,525.16 $100.00
Match 3 plus Powerball 1 in 14,494.11 $100.00
Match 3 1 in 579.76 $7.00
Match 2 plus Powerball 1 in 701.32 $7.00
Match 1 plus Powerball 1 in 91.97 $4.00
Only Powerball 1 in 38.32 $4.00

Power Play odds for when 10x Multiplier is in Place (Jackpot Worth $150 Million or Less):

Power Play Multiplier Odds
10x 1 in 43
5x 1 in 21.5
4x 1 in 14.33
3x 1 in 3.31
2x 1 in 1.79

Power Play odds for when 10x Multiplier is not in Place (Jackpot Worth More than $150 Million):

Power Play Multiplier Odds
5x 1 in 21
4x 1 in 14
3x 1 in 3.23
2x 1 in 1.75