The Powerball lottery features 9 prize categories in total, but the most famous is, of course, the jackpot. It starts at $20 million and, with each rollover, it can grow to impressing amounts! Discover everything about all the Powerball prizes right here.
What Powerball Prizes Can You Win?
There are 9 US Powerball prize categories, including the jackpot. The jackpot always starts at $20 million, and it grows with every draw where there is no first prize winner. Luckily, it does not have a limit up to which it can grow, which means it can reach some mouth-watering amounts. In fact, the US Powerball jackpot currently holds the world record for the biggest lottery jackpot with the $2.04 billion prize of November 7, 2022.
You will win the jackpot if you guess all the 5 main numbers and the additional Powerball number. If you only match some of the Powerball winning numbers, you can still get some amazing prizes from the secondary divisions. Check out the table below to discover the full list of Powerball prizes.
|1st Prize||⚪⚪⚪⚪⚪ + 🔴||Jackpot|
|3rd Prize||⚪⚪⚪⚪ + 🔴||$50,000|
|5th Prize||⚪⚪⚪ + 🔴||$100|
|7th Prize||⚪⚪ + 🔴||$7|
|8th Prize||⚪ + 🔴||$4|
With the exception of the jackpot, all Powerball prizes are guaranteed. Everyone who matches the 5 main numbers only, will get the 2nd prize of $1 million, regardless of how many winners there are. In the case of the jackpot, the $20 million (or more, if there are jackpot rollovers) is split by the winning tickets. For example, if 2 tickets are $200 million jackpot winners, each ticket holder will get half ($100 million).
However, there is one exception to this rule. In the state of California, all secondary prizes are pari-mutuel. This means that they are set depending on the amount earned from ticket sales and any winning tickets in a certain category will split the Powerball prize.
Power Play: How Much Does It Increase Powerball Prizes?
The Power Play multiplier is a very important optional feature offered by this major American lottery. It can boost secondary Powerball prizes by 2, 3, 4, 5, or even 10 times! Jackpots can never be increased by the multiplier, which only applies to secondary prize divisions. As a result, the multiplier can take the secondary Powerball prizes to the next level!
The second prize which is worth $1 million can only be doubled with Power Play, but the other categories will be increased based on the drawn multiplier (2, 3, 4, 5, or 10). The highest value, 10, is only available for drawing when the jackpot is lower than $150 million. This is a method of attracting players when the jackpot drops. Below, you can see the effect Power Play has on every Powerball prize division.
|⚪⚪⚪⚪⚪ + 🔴||Jackpot||Jackpot||Jackpot||Jackpot|
|⚪⚪⚪⚪ + 🔴||$50,000||$100,000||$250,000||$500,000|
|⚪⚪⚪ + 🔴||$100||$200||$500||$1,000|
|⚪⚪ + 🔴||$7||$14||$35||$70|
|⚪ + 🔴||$4||$8||$20||$40|
How are Powerball Prizes Taxed?
Powerball is offered in 44 states, the District of Columbia, US Virgin Islands, and Puerto Rico. Each state may have a different way to tax lottery winnings. Some states regard it as regular income and tax it accordingly, while others don’t tax winnings at all.
If you are lucky and become a Powerball winner, you will have to research the laws in the state where your ticket was bought. Moreover, the US Federal Government taxes lottery winning and if you choose to play online from abroad, your country may apply taxes too.
You can read more detailed info on our page dedicated to Powerball taxes.
What Are the Odds of Winning Powerball Prizes?
The odds of winning a Powerball prize start at 1:38 for the 9th category. To win the Powerball jackpot, you stand a 1: 292,201,338 chance. What you should remember is that even though the winning odds are quite steep, it is possible to win Powerball. Many people have already done it, and they have won amazing, life-changing amounts. There is no reason why you can’t be one of them if you just start playing!
Below you can check out the winning odds of every Powerball prize division and see where you stand!
|1st Prize||⚪⚪⚪⚪⚪ + 🔴||Min. $20M||1 in 292,201,338|
|2nd Prize||⚪⚪⚪⚪⚪||$1,000,000||1 in 11,688,053|
|3rd Prize||⚪⚪⚪⚪ + 🔴||$50,000||1 in 913,129|
|4th Prize||⚪⚪⚪⚪||$100||1 in 36,525|
|5th Prize||⚪⚪⚪ + 🔴||$100||1 in 14,494|
|6th Prize||⚪⚪⚪||$7||1 in 579|
|7th Prize||⚪⚪ + 🔴||$7||1 in 701|
|8th Prize||⚪ + 🔴||$4||1 in 91|
|9th Prize||🔴||$4||1 in 38|
There are amazing Powerball prizes starting with the jackpot, all the way to secondary divisions. There is no reason for you not to try your luck! You can easily do it by playing Powerball online from any location in the world using a lottery messenger service.
Powerball Prizes FAQ
Check out the answers to the most pressing questions on Powerball prizes! Learn how you can win the Powerball jackpot, how to claim Powerball prizes and other useful information.
To win the smallest Powerball prize, you need to guess right the Powerball number (1-26). If you want to scoop the Powerball jackpot, you need to guess right all the numbers. However, there are 9 Powerball prizes you can win. Good luck!
To win the jackpot in the Powerball lottery, you need to match the 5 main numbers from a range of 1 to 69, and the Powerball from 1 to 26. For secondary prizes, you can match 5 numbers (second prize), 4 main ones + the Powerball (third prize), and so on. With as little as the Powerball number guessed right only, you can scoop one of the Powerball prizes.
The Powerball number (1-26) is the key to the smallest Powerball prize. To win the Powerball jackpot, you have to match all the numbers correctly. But there are 9 Powerball prizes in total that you can win.
After winning the Powerball jackpot, you will be given the choice between scooping the prize as a cash lump payment or as an annuity payment over 30 years. Both options are attractive but the main difference is that the annuity offers more financial security over longer while with the lump sum payment you will get more money in once. If you scooped the biggest Powerball prize, we advise you to contact a financial advisor before making any decision.
On a safe and secure platform of online lottery couriers such as theLotter, it all depends on what Powerball prize you scooped. Most secondary prizes will be automatically transferred to your account, while larger Powerball prizes may require you to get the prize yourself. Don’t worry, a team of lottery professionals will help you every step of the way!