The Powerball jackpot starts at $40 million and rises quickly with rollovers, often hitting nine or even ten figures. There is no rollover limit or jackpot cap, allowing Powerball to offer some of the largest top prizes in the world and even go past the $1 billion barrier!
The grand prize can be paid in 30 instalments over 29 years, unless a winner chooses to take a lump sum option, which is smaller as it contains only the money raised from ticket sales during that game and any preceding rollovers. Powerball prizes over $5,000 are liable for federal taxes, and many states will take additional withholdings from the total amount of the prize.
Powerball Odds of Winning
You can win a prize on Powerball by matching anything from the Powerball upwards. In order to hit the jackpot, you must match all five main numbers from 1 to 69 and a Powerball from 1 to 26. Your overall chances of winning any Powerball prize are 1 in 24.87.
|Match||Odds of Winning||Prize|
|Match 5 plus Powerball||1 in 292,201,338.00||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|
|Match Powerball||1 in 38.32||$4.00|
For an extra $1, you can add the Power Play option, which will increase the Match 5 prize to $2 million if you match the Power Play number drawn, with every tier underneath being multiplied by the number on the Power Play ball. For example, a Power Play number of 4 would see a Match 4 + Powerball prize grow from $50,000 to $200,000!
In October 2015, the Power Play game was changed to include a 10x multiplier for when the jackpot was worth $150 million or less.
Here are the odds on each Power Play ball being drawn when a 10x multiplier is offered:
|Power Play Ball||Odds|
|10x||1 in 43|
|5x||1 in 21.5|
|4x||1 in 14.33|
|3x||1 in 3.23|
|2x||1 in 1.79|
Here are the odds on each Power Play ball being drawn when the jackpot exceeds $150 million:
|Power Play Ball||Odds|
|5x||1 in 21|
|4x||1 in 14|
|3x||1 in 3.23|
|2x||1 in 1.75|
Top Powerball Jackpots
Powerball has created some of the biggest winners in world lottery history. Here are the top jackpots to have ever been given away.
1) $1.58 billion - January 13th 2016
A new Powerball record was set on 13th January 2016 when the jackpot reached $1.58 billion, and three lucky ticket holders split the prize to each win $528.8 million before taxes. Tennessee couple John and Lisa Robinson, from Munford, came forward days later and appeared on the Today Show before claiming their money. David Kaltschmidt and Maureen Smith from Melbourne Beach waited until the following month to contact Florida Lottery officials, while the identity of the third winner was only revealed in July 2016 when Marvin and Mae Acosta from Chino Hills, California claimed their winnings
2) $590.5 million - May 18th 2013
Gloria MacKenzie, an 84-year-old from Zephyrhills in Florida, became an instant Powerball legend when she landed a colossal $590.5 million. It is the largest amount ever won on a single ticket and MacKenzie opted for a pre-tax cash payment of $370.8 million.
3) $587.5 million - November 28th 2012
The biggest jackpot of 2012 was shared between two ticket holders. Matthew Good from Arizona took home half of the money, while the other half went to Cindy and Mark Hill from Missouri. Both ticket holders went for the pre-tax cash option of $192.3 million.
4) $564.1 million - February 11th 2015
Three ticket holders bagged a pre-tax total of $188 million after matching all six numbers drawn. The winners were Marie Holmes from Shallotte, North Carolina and a player from Puerto Rico who stayed anonymous, while the other ticket was claimed on behalf of an anonymous trust in Texas.
5) $488.4 million - August 7th 2013
The three winners in this draw all selected the pre-cash option of $86 million each. One of the winners, Paul White, came from Ham Lake in Minnesota, while the other two were both from New Jersey. Mario Scarnici of Monmouth Junction purchased one of the tickets and the other belonged to a 16-strong syndicated from Oceans County dubbed ‘Oceans 16’.
6) $487 million - July 30th 2016
A single ticket from New Hampshire became one of the biggest winners in Powerball history in July 2016. They decided to stay anonymous, claiming the money through the Robin Egg 2016 Nominee Trust, and vowed to give an initial $100,000 to charity.
7) $447.8 million - June 10th 2017
Jeff Lindsay from Menifee, California, opted to take the cash option of $279.1 million after purchasing his ticket from the Marietta Liquor and Deli store in the Sun City area.
8) $435.3 million - February 22nd 2017
Indiana kept up its record of being the most successful state for Powerball players when an anonymous player picked up this jackpot, opting for the cash amount of $263.5 million.
9) $429.6 million - May 7th 2016
The Smith Family Lottery Pool, consisting of eight family members from New Jersey, purchased their winning ticket from a 7-Eleven in the state's capital, Trenton.