You Can Win The Powerball With Just One Number
The one thing on everyone’s mind right now is the Powerball вЂ” specifically, its grand prize. The odds of hitting all six numbers, including the red Powerball itself, are extraordinarily low. That $1.5 billion grand prize isn’t the only way you can call yourself a winner, however. Set jackpot amounts abound, and technically, you can win the Powerball with just one number. It’s the special red Powerball that holds the key to that prize. Those who correctly match that number win $4, which is double the amount it costs to purchase a ticket. Oddly, matching a regular number as well as the Powerball number yields the same amount.
The prize amount only goes up from there, with the highest non-jackpot set at $1 million for matching all five normal numbers, regardless of order. There are just enough prizes that the odds of winning at least something is one in 24.87, which is a far cry from the one in 292 million chance you have in winning it all through a lone ticket. There are even more ways to win in addition to picking the right numbers, thanks to the Powerball’s Power Play option. For just one extra dollar, lotto hopefuls can at least double their prospective earnings. The Power Play can yield from twice as much to up to 10 times the prize amount, based on what multiplier is drawn. The full option is only available for prizes up to the third highest, so anyone who wins the $1 million or the jackpot itself must be content with their earnings.
Those who play the Power Play and win $1 million can double their money, but nothing more than that. So even if the multiplier is as high as it can go, you will still be left with $2 million at the most. Still, the Power Play certainly makes a difference. It’s the multiplier that can turn a modest prize into something truly impressive. Oregon Powerball player Brandon Bennett turned his $50,000 prize into $150,000 thanks to a three-times multiplier that was picked during the Saturday night drawing.
Because many people aren’t aware of the smaller prizes available, many have gone unclaimed. As of Tuesday, there were at least four unclaimed $50,000 prize winners in Oregon alone. There may very well be dozens of unclaimed $4 prizes from a single correct Powerball number pick alone. Don’t let yourself be one of them if you win. Despite the major difference between the jackpot and the lowest prize, free money is still free money.
The one thing on everyone’s mind right now is the Powerball вЂ” specifically, its grand prize. The odds of hitting all six numbers, including the red Powerball itself, are extraordinarily low. That $1.5 billion grand prize isn’t the only way you canвЂ¦
9 ways you can win money in the Powerball lottery
With a $1.4 billion Powerball lottery up for grabs, even those who don’t normally play the lottery are throwing their hats in the ring.
For the uninitiated Powerball players who may have impulsively purchased a ticket, we decided to break down all the possible ways you can win. You know, just in case.
First, the basics. The Powerball lotto is made up of 6 total numbers randomly selected twice per week. Every Wednesday and Saturday at 10:59 p.m. EST, a live drawing is held. All the numbers are printed on white or red balls, and placed into an automated machine which spits out the winning digits.
The first 5 numbers (white) are between 1 and 69. The final number (red) is called the Powerball. It can be anywhere between 1 and 26.
When purchasing a ticket, players can select all 6 numbers themselves or do a “quick pick” and receive a randomly generated set of numbers. Tickets are $2 each, but you can pay an extra $1 at the time of purchase to upgrade your ticket to “Power Play.”
The “Power Play” add-on means your cash prize will, at minimum, double if you have a winning ticket for anything other than the grand prize jackpot.
So, what exactly are the winning tickets (aside 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 drawing time, and does not apply to the jackpot winnings. If you’ve matched all 5 white numbers and selected “Power Play” at the time of your ticket purchase, you will win $2 million (instead of the standard $1 million). For all other prizes, the “Power Play” bonus with either be 2x, 3x, 4x, or 5x your winnings.
Overall odds of winning any of the prizes starting at $4 is 1 in 24.87. On the off-chance you do take home a lump sum, don’t forget to hire a lawyer.
The next Powerball drawing takes place Wednesday, January 13 at 10:59 p.m. EST.
UPDATE: The winning numbers drawn Wednesday were 8, 27, 34, 4, 19 — Powerball 10. Reports indicate three jackpot winners will split the grand prize of $1.5 billion.
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The winning ticket prizes start at $4, so at least you'd get your money back.