The US Powerball is the biggest lottery in the world, with huge average jackpots, a record jackpot that far eclipses any other lottery, and weekly prize pools worth more than the entire GDP of small nations.
There is a misconception that only Americans can play Powerball. But while it is true that Americans have better access to physical Powerball tickets, it’s simply not true that they are the only ones that can participate.
You can actually participate in Powerball in any country where online gambling is legal thanks to MultiLotto. This lottery portal offers players around the world the chance to bet on the outcome of some of the planet’s biggest and best lotteries, Powerball included.
How Much is a Powerball Ticket?
Powerball tickets cost just €3.50 through the MultiLotto platform. They consist of 5 numbers between 1 and 69, as well as 1 bonus number, known as the Powerball, between 1 and 26.
These numbers have changed over the years and the Powerball odds have changed with them. In the early days, players made their selections from a pool of 45 main numbers and 45 bonus numbers, with the numbers then changing to 49 and 42 respectively in 1997. The current format was adopted in October of 2015, prior to which there were 59 main numbers and 35 bonus numbers.
What are the Odds of Winning the Powerball?
As mentioned above, the Powerball lottery odds have changed a few times over the years. If you play Powerball today then you have a 1 in 292 million chance of winning the jackpot, which is the largest it has ever been by someway.
But there are some benefits to these high odds. Not only does it create more rollovers and higher jackpots, but these days there is also a minimum jackpot of $40 million, which means it can never go below this amount and will often be considerably higher.
For a full list of Powerball odds, see below:
- Jackpot = 1 in 292 million (All 6 numbers)
- 1 in 11.6 million (5 Main Numbers)
- 1 in 913,000 (4 Main Numbers + Powerball)
- 1 in 36,000 (4 Main Numbers)
- 1 in 14,000 (3 Main Numbers + Powerball)
- 1 in 579 (3 Main Numbers)
- 1 in 701 (2 Main Numbers + Powerball)
- 1 in 91 (1 Main Number + Powerball)
- 1 in 38 (Powerball)
Every Powerball ticket has a 1 in 24.87 chance of winning a prize, with the smallest prize returning enough for the player to purchase another ticket. There is also something known as the Power Play, which boosts all non-jackpot winnings by as much as 10x (or 5x when the jackpot is over $150 million) and occurs following an additional multiplier draw.
However, the Power Play, just like most lottery bonus games, can not be played online outside out of the United States. Have you ever wondered how you can increase your odds of winning the lottery? Take a look at our ultimate guide on how to win the lottery.
What are the Biggest Powerball Jackpots?
The biggest ever Powerball jackpot was $1.586 billion and was shared between three ticket holders in January 2016. The second highest lottery jackpot, and the highest paid to a single ticket holder, was $758 million and was also won on the Powerball.
Of the top ten highest ever lottery jackpots 6 were won on the Powerball and all were over $500 million. However, these were the annuity amounts, which differed from the cash amounts actually claimed by all of these winners.
On the Powerball, and many other US lotteries, the advertised jackpots are annuities. They are paid out in 30 annual instalments and include interest rates of 5% a year. Every jackpot winner has the option of receiving an annuity or a cash lump sum. If they choose cash, as most winners do, then they will receive less than the stated amount, but they will get it all at once.
As an example, the record jackpot of $1.586 billion had a cash value of $983 million, which means that each of the three ticket holders received a total of $327.8 million when they finally cashed their tickets. Find out here why it is safer to play lotto online and all of the benefits which come with playing at Mulitlotto.
Bet on Powerball Online at Multilotto.net
You can bet on Powerball on MultiLotto wherever you are in the world and you can also find a host of Powerball results, statistics, winning strategies and more.
MultiLotto is one of the world’s biggest lottery portals and as well as providing access to Powerball they also enable you to bet on the outcome of dozens of other major global lotteries while providing statistics, results and strategies on many more.
