How You Can Win Money In The Powerball Lottery Jackpot

  • The biggest Powerball prize of all time was up for grabs in 2022 after months without a jackpot winner.
  • One lucky person became $2.04 billion richer after the November draw.
  • But even if you don’t win the jackpot, there are several ways to come out on top and a little richer.

A lucky winner has landed a winning ticket in the Powerball lottery’s record $2.04 billion jackpot in an unprecedented draw in November 2022.

Lottery officials announced that a winning ticket for the Nov. 8 draw was purchased in Los Angeles County, California.

The big prize is the biggest pool in the game’s 30-year history after more than three months of consecutive draws without a winner since early August 2022.

But even if the billion dollar jackpot has eluded you, there are several other ways to get richer in future games. For uninitiated Powerball players who decide to buy a ticket on impulse, we’re here to break down all the possible ways to win. You know, just in case.

First, the basics: the Powerball lotto consists of a total of six randomly selected numbers three times a week. Every Monday, Wednesday, and Saturday at 10:59 p.m. EST, a live drawing takes place. All numbers are printed on white or red balls and placed in an automated machine, which spits out the winning numbers.

The first five numbers (white) are between 1 and 69. The last number (red) is called the Powerball. It can be anywhere between 1 and 26.

When purchasing a ticket, players can select all six numbers themselves or make a “quick pick” and receive a set of randomly generated numbers. Tickets are $2 each, but you can pay an additional $1 at the time of purchase to upgrade your ticket to “Power Play”.

The “Power Play” add-on means that your cash prize will at least double if you have a winning ticket for anything other than the grand prize jackpot.

So what exactly are the winning tickets (apart from the jackpot)? The possible winning tickets and their cash prizes are as follows:

  • Match all 5 white numbers only – $1 million
  • Match 4 out of 5 white numbers + Powerball – $50,000
  • Match 4 white numbers only — $100
  • Match 3 White Numbers + Powerball – $100
  • Match 3 white numbers only — $7
  • Match 2 White Numbers + Powerball – $7
  • Match 1 White Number + Powerball – $4
  • Powerball only – $4

The “Power Play” bonus is announced at the time of the draw and does not apply to jackpot winnings. If you matched all five white numbers and selected “Power Play” when purchasing your ticket, you’ll win $2 million (instead of the standard $1 million). For all other prizes, the “Power Play” bonus will be either 2x, 3x, 4x or 5x your winnings.

The overall odds of winning any of the prizes starting at $4 are 1 in 24.87. But the chance of walking away with the jackpot is much slimmer: 1 in 292 million. In case you pocket a lump sum, remember to hire a lawyer. Most states give players at least 180 days to come forward.

Editor’s Note: This story was first published in January 2016 and has been updated to reflect recent developments.

Leave a Reply

Your email address will not be published. Required fields are marked *