How to play the Powerball lottery As a Foreigner to Win Raffles, odds, prizes, and cost
The Powerball lottery is one of the most popular draws worldwide, it is known for distributing millionaire prizes, hence its great fame.
Powerball is an American lottery draw that opened in April 1992, over the years it has become one of the most commented draws worldwide. But why?
The reason is simple, their boats reach really huge sums. Unlike other big lotteries, Powerball brings into play jackpots that easily exceed one hundred million dollars. The minimum pot offered by this raffle today is $ 40 million.
In a previous publication, we told you the story of ” Jane Doe” , the winner of the eighth largest Powerball award. The lucky one bought a ticket when the boat was no less than 560 million dollars. Jane Doe had to fight to preserve her anonymity. Will she have it?
Today we bring you the basic rules you must know to know how to Play Powerball . We will also discuss the odds we have of winning, what types of prize it offers and how much it costs to play the Powerball draw.
How to play the Powerball lottery
To play the Powerball lottery you must select five numbers between 69 and an extra number called “Powerball”, the latter is selected from a table that goes from 1 to 26.
This game also gives you the option to add an option called “Power Play”, this option has an additional cost, as well as the Joker of the Primitive .
However, Power Play does not have prize categories like the Joker of La Primitiva, this extra game offers you the possibility of multiplying the amount of your prize if your ticket is awarded with the exception of the first two categories (5 numbers correct) .
Powerball lottery draws
The Powerball raffles are held every Wednesday and Saturday at 22:59 EST ( Eastern Standard Time ).
Odds and Prizes of the Powerball lottery
The odds of winning the Powerball jackpot are 1 in 292 million . However, the odds of winning any prize in one of the categories offered is 1 in 25.
Hit Awards Odds
5 + Powerball US $ 40,000,000 (Minimum boat) 1 of 292,201,338
5 US $ 1,000,000 1 of 11,688,054
4 + Powerball US $ 50,000 1 of 913,129
4 US $ 100 1 of 36,525
3 + Powerball US $ 100 1 of 14,494
3 US $ 7 1 of 580
2 + Powerball US $ 7 1 of 701
1 + Powerball US $ 4 1 of 92
0 + Powerball US $ 4 1 of 38
Powerball lottery price
The price of a simple Powerball bet is two dollars ($ 2).
The price to add the Power Play is one dollar ($ 1)
Collection of prizes: single payment or annual payment
If you win the Powerball jackpot , you will have two options to claim your prize: request a single payment or an annual payment.
Most winners prefer to collect their prize in a single payment, in fact, approximately 98% of the winners of the Powerball prizes chose to collect their prize in a single payment.
On the other hand, there are some winners who have opted for the annual payment. The annual payment consists of 30 installments, these installments include both the proportional sum plus the interest generated. This option contemplates the option of being able to pass the annuity to your family, it does not carry the risk of losing the prize money in case nothing happens to you, besides the taxes to pay will be a little less.
Ultimately, Powerball is one of the most popular raffles in the United States, also captures the attention of many players around the world, and is that with the boats that comes into play is not surprising. Now you know how to play this draw and its main features. You dare?