is powerball powerplay worth it

*Florida Winners. Subscribe To Comments? To hit the jackpot, you must match all six numbers drawn: the five white balls plus the red Powerball. So if the multiplier is 2X and you match 3 main numbers then you win $14 instead of $7. After 30 years, and assuming a conservative average annual return of 4%, the account would be worth $15,392; after 40 years that number would jump to more than $25,000. If the winner opts for a lump sum, it can usually be inherited tax-free since inheritances are rarely taxed. Double Play is currently sold by the following 14 lotteries, with the potential for more . "How Powerball Manipulated the Odds to Create a $1.5 Billion Jackpot. One ticket bought in Texas matched all five numbers except for the Powerball and added the Power Play worth $2 million. New and infrequent players are attracted to the game as the jackpot gets bigger, while the focus becomes increasingly on just trying to win the top prize. . $0.85 of your ticket goes toward a fair lottery; the remaining $1.15 is simply your donation to whatever programs the Powerball lottery supports! 2:16. If throwing $1.15 away is worth the amount of fun youll have, go right ahead. I was hoping someone who plays often would know? "Long-Run Effects of Lottery Wealth on Psychological Well-Being.". Copyright 2023 Market Realist. The game's starting jackpot is $20 million. Taking the money over time provides you with multiple chances to invest it wisely. It can only increase the secondary prizes in the game. The odds of winning any of Powerball's prizes, which start as low as $4, with a single ticket are 1 in 24.9. If you added Power Play to your ticket, it does not increase a jackpot win; Power Play only multiplies prizes below the jackpot. Here are the odds for each of them being drawn: When the Powerball jackpot is larger than $150 million, the Power Play is drawn from a range of 2 to 4. After all, you can't give away, squander, or otherwise mishandle what you don't have. 1 matching number + the Powerball number: $4. Players must be 18 or over to participate in online lotteries. To begin, each player chooses a color and places their four pawns in their corner. Double play costs 1/2 a regular powerball and the prizes are MUCH LESS. Since your chances of winning $100 or $50,000 are so slim, Power Play doesn't make Powerball worth it, either. The multiplier can be as much as 10X but this very rarely happens. Saturday's Powerball jackpot is worth $161 million, with a cash-value option worth $82.2 million. 4. So lets change that with a proper explanation of how it works. ", World Population Review. Saturday night's 02/25/23 Powerball jackpot was worth $119 million, with a cash-value option worth $61.0 million. But if you are looking to hit the jackpot, you need more than one match. For every $2 ticket you buy, you can expect to recoup, on average: That means, all told, that the non-jackpot options make each ticket worth only about $0.32, which is a far cry from the $2 you invested. Did anyone win the powerball last Wednesday? If you add Power Play to your game, your prize could double or triple or more! Power Play is an option that players can add to their Powerball ticket to multiply the value of non-jackpot prizes. Yes, if you play Powerball and select the Power Play option, you could win double the prize money (except the jackpot prize). You might think, Hey, so long as the Powerball Jackpot is more than $245 million, if my odds of winning are 1-in-292 million, Ill come out ahead of the $1.68 expected value per $2 ticket for winning the Jackpot. But this is wrong for two reasons. Oregon Lottery. For the 10X Power Play option, the Powerball number will be worth $40. Contact Us 16 tickets matched five white balls to win $1 million and a Kentucky ticket won a $2 million prize by matching all five white balls and including the Power Play option. While it does not apply to the jackpot, it can double the $1 million second prize in the game. I do not believe you can do both powerplay and double play, only one or the other. and players have the option to add the Powerplay for an additional $1 for the . In 2016, the biggest lotto prize in history was a Powerball jackpot of more than $1.5 billion dollars. Yes you can win the Powerball jackpot without Power Play. Watch on. Sitemap, Edwin Castro is Revealed As $2 Billion Powerball Winner, Record Powerball Winner Set To Be Unveiled at Last, Washington Player Wins Powerballs Fifth-Biggest Jackpot. Considering this rule, the best time to add Power Play to your ticket is before the jackpot has exceeded $150 million. After no Powerball winner for months, one ticket sold in the state of Washington matched all six numbers in Monday night's drawing. Powerball: 17 Power Play: 2x Saturday night's 01/22/22 Powerball jackpot was worth $76 million, with a cash-value option worth $53.0 million. However, you need to opt in to Power Play when you buy your ticket by marking the relevant box on your playslip. Material Copyright 2023 Lottery.net. Power Play does not affect the jackpot and is not required to win it. The Power Play was 2X. It costs $1 extra for each play and applies to all plays (or combinations) on your playslip. After no Powerball winner for months, one ticket sold in the state of Washington matched all six numbers in Monday night's drawing.. The lump sum is a single payment of the prize won, after taxes, while the annuity spreads payments over 20 or 30 years. When the jackpot is larger, even fewer players add Power Play, dropping to around 14 to 16 percent of prize winners. The Power Play feature is the multiplier in the US Powerball lottery. Privacy Policy. No, it's not the Powerball jackpot -- but you're going to want to check your tickets. In every drawing, cash prizes worth between $4 and $2,000,000 are awarded in addition to the jackpot. The X simply means multiply by so if X5 is drawn then your prize (if you win) is multiplied by 5. Becky Bell, of Auburn . Yes, but: Despite no jackpot winner, more than 10.9 million tickets won cash prizes totaling $102.2 million in the Nov. 5 drawing, according to Powerball. Will the Double Play drawing be broadcast? What Is a Lump Sum Payment, and How Does It Work? In that case, your odds of winning would be 1 in 150,000. And if you like statistics, it's actually in your favor to buy a powerball ticket with the cash option is over $930M, after taxes you are at a 1:1 with your chance vs how much you're spending. 1 in 35,074 lifetime chance of dying in a cataclysmic storm. Over 20 years (a typical long-term investment horizon forstocksand bonds), the total spent on lottery tickets would be $5,200. With odds of 1:24.8671 of winning any prize and the expected prize is most likely $100 or less, if you're playing to win something,. Where else can you "invest" $1 or $2 for the opportunity to win hundreds of millions of dollars? What Is a Blind Trust and How Does It Work for Lottery Winners? What are your odds of achieving each individual winning combination? Since lottery tickets are purchased anonymously, some jackpot winners have placed their winning tickets in blind trusts to protect their privacy. During each Powerball draw, a separate Power Play number is drawn ahead of the main numbers. And thats correct, mathematically speaking! Since no one claimed the grand prize after the Oct. 29 drawing, Halloween night will be the next opportunity for a jackpot winner. This photo, taken at the Money Museum in Chicago, shows what $1,000,000 in cash, in twenty dollar bills, looks like. If any of your numbers . The 10x Power Play is only available when the Powerball jackpot is lower than $150 million. For an extra dollar, you may choose to"power play,"which multiplies all non-grand prize winnings by a factor of 2, 3, 4, 5or 10. Your chances of winning the lottery are extremely low. How much does each winning possibility pay out? The Power Play optionwhich costs an extra $1.00, turning a $2 ticket into a $3 ticketdoes the following: So whats the extra expected payoff for this additional $1 investment? Education Resources Information Center. Market Realist is a registered trademark. As of Aug. 23, 2017, the new Powerball jackpot has hit $700 million (and if there are no winners, it'll go to $1 billion). What Are the 10 Largest U.S. Lottery Jackpots Ever Won? If you match two white balls and the red Powerball, then you'll win $7. Still not convinced that life-changing score is a long shot? But there's more to Powerball than just the jackpot prizes. This is only an average, of course, but it comes out that way because: On the other hand, for the latter examples the ones that fall below the worth it line the translation from probability to ticket worth works out as follows: Mathematicians call this ratio of how-much-you-win vs. how-much-you-bet theexpected value(or expectation value) of a problem. In other words, unless you know youre guaranteed to get either the 5x or 10x multiplier,you should never take the Power Playoption. View the Powerball payout chart for the latest drawing, held on Wednesday, February 22, 2023. A gambling loss is a loss resulting from risking money or other stakes on games of chance or wagering events with uncertain outcomes. For othersoften those with the least amount of money to spareplaying for these jackpots can become a real budget drain. This chart will show you how much you will win with different winning number combinations. Hitting the Powerball with 4 matching white balls earns you $50,000. At bottom, the expected value of a $2 Powerball ticket, which, when accounting for taxes and split Jackpots, peaks at Jackpot values of around half a billion dollars and decreases thereafter. The Standard Model of elementary particles has three nearly identical copies of particles: generations. Powerball. The Powerball top prize starts at $20 million, then rolls over and increases with each draw until someone wins it. Thatswhat you need to make it worth grabbing the Power Play option: a guaranteed 5x multiplier or better. Page Last Updated: 4/23/2019 5:48:56 AM ET, Powerball.net is not affiliated with the Multi-State Lottery Association or any State lottery. The Power Play was 3X. Many people see purchasing lottery tickets as a low-risk investment. 2023 BDG Media, Inc. All rights reserved. Feeling lucky? Share Everything you need to know about the math of Powerball on Facebook, Share Everything you need to know about the math of Powerball on Twitter, Share Everything you need to know about the math of Powerball on LinkedIn. Does it have a deeper significance or is it just a number? Play Powerball for chances at huge jackpots! See all of the latest information on Powerball winning numbers, past results and how to play. A single winner, excluding taxes, would fall into the top 2000 worldwide in terms of richest people alive today. about $0.15 from the periodic $4 payouts. It might be a waste of your precious dollar. For the Power Play draw itself 2X is included 24 times, 3X is included 13 times, 4X is included 3 times and 5X is only included once. "What Is a Blind Trust and How Does It Work for Lottery Winners? Windfall tax is a tax levied by governments against certain industries when economic conditions allow those industries to experience above-average profits. ", Mega Millions. This is randomly drawn by the lottery company just like the main lottery numbers. Of course, the stock market is never a sure thing. "How Mega Millions Changed the Odds to Create a Record-Breaking $1.6 Billion Jackpot. Each Powerball ticket is $2.00. The chances of winning the lottery are exceedingly low, but that doesn't stop people from playing. Step 3: Pick 6 Numbers from 2 Pools. At top, the Powerball ticket sales projections dependent on the size of the Jackpot; over half a billion tickets are expected for each Jackpot over $1 billion. An annuity minimizes such hazards. However, with a little mathematics, we can figure out when it is actually "worth it" or financially justifiable to buy a $2 Powerball ticket. Spending $5 per week on lottery tickets adds up to $260 per year. The prize table below shows the number of winners for each category, from the jackpot down to the payout for matching just 1 number, the Powerball. It also does NOT multiply the Match 5 prize by the Power Play number. This photo, of the Powerball float in the 2010 Chicago Pride Parade, highlights the excitement that comes with the possibility of winning large sums of money in legal games of chance. The multiplier is optional and it comes at an additional fee of $1.00 per ticket. Others may require the disclosure of the winner's name and hometown. That leaves the remaining 4.02% of the time as the only chances you have to actually win something. That makes it more likely it will carry over to the next drawing, increasing the stakes and public interest. Go to the Prizes page to see all the payouts you can get from opting in to Power Play. This number is selected at random and will be either 2, 3, 4, 5 or 10. The cost is an extra $1.00 per play. You may be in a better income tax position if you receive the proceeds as an annuity rather than up front. Answer (1 of 5): For an additional $1 perplay, adding the Power Play feature to your Powerball ticket can multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times! So let's try a more cautious estimate. These prizes vary tremendously in both your odds of achieving them and also in how much they pay out, assuming you do win them. ", Powerball. A Powerball ticket worth $1 million was sold on Chicago's North Side for Saturday's winning numbers drawing. $1 per play DOUBLE PLAY Play your numbers again for a chance In fact, your odds of winning anything arent very good either, since the three most common results are: Those three options all pay out absolutely nothing, and add up to 95.98% of the possible results. My wife asked how someone plays Keno. Imagine the stadium was filled to capacity and everyone inside was entered in a lottery with a single winner. Each one has independent probability not altered by the frequency of play or how many other tickets you bought for the same drawing. All Rights Reserved. The odds of winning the jackpot are currently 1 in 292,201,338. "What Are the 10 Largest U.S. Lottery Jackpots Ever Won? Life goes on. That said, well come back to both the Power Play option and the Grand Prize payout in a bit; first, lets look at the more likely non-Jackpot options. So normally a Powerball play costs you $2, but with Power Play it costs you $3. At best, you're going to multiply your $7 winnings to $70, and those odds are really slim as well. The Powerball lump sum is calculated in two stages. People may receive compensation for some links to products and services on this website. "Home Page," Select "View prizes and odds chart. The Powerball will be drawn at 10:59 p.m. EST. In fact, Power Play has nothing to do with the jackpot it only boost the value of smaller prizes if you win. To get your expected value, you must multiply the odds of each possible outcome by the reward for achieving each outcome. . They are well researched also. The total jackpot could . The Power Play multiplier is the amount by which your prize will be multiplied, if you chose to pay for that extra option when you bought your ticket. ADD SOME MORE SPIKES TO MEDORA/MONEY SECTION COVERAGE. The amount your prize is boosted is determined by the Power Play number. When the Powerball jackpot is lower than $150 million, the 10x Power Play multiplier is added in the game. Sixteen tickets matched all five numbers except for the Powerball worth $1 million. The odds of achieving every possible outcome with a Powerball ticket as each and every relevant number is drawn. Power Play is an extra option when you play Powerball. And even then its most likely your prize will only be doubled 10X very rarely happens (half the time its not even used, and even when it is the odds of it then happening are only 1 in 43)! The rules ofprobabilitydictate you do not increase your lottery odds by playing more frequently, nor by betting larger amounts on each drawing. Home Blog Lottery Questions How Does Power Play Work in Powerball? How To Play Powerball Your mission is simple. A lump-sum payment is a large sum that is paid in one single payment instead of installments. LANSING, MI - Five players won at least $1 million and a player in Michigan was one number away from winning the grand prize, but there was no winner of the $120 million Powerball jackpot . Investopedia does not include all offers available in the marketplace. Super-sized jackpots drive lottery sales, not least because they earn the games a windfall of free publicity on news sites and newscasts. Saturday night's 03/04/23 Powerball jackpot is worth $161 million, with a cash-value option worth $82.2 million. It's time for the fun bit; picking your lucky numbers. 4,267. has no effect on the Jackpot/Grand Prize, alwaysdoublesthe payout of the second-most-lucrative prize, and. Divide that number by the 11,746,494 total winning combinations, and you get a 91.9% probability your winning ticket won't return even $5.). Power Play: 3x. Choose "Y" next to "Power Play" on the play slip or ask the retailer for a Power Play. Stocks candecline in value as well as appreciate. ", Tax Foundation. To give you a sense of how competitive this thing really is, you should know that you have a one in 292.2 million chance of winning the jackpot tonight. Everyone who opted-in to Power Play and who wins a non-jackpot prize has it multiplied by that figure. ", The Law Dictionary. It means that the amount you can expect to win, given an average outcome for the ticket, is greater than the amount you have to bet in order to play. - 03/01/23. But be careful, because this next step from a mathematical point of view is where they trick you. The Power Play can provide 2x, 3x, 4x, 5x or 10x the value of non-jackpot prizes, although the 10x multiplier is only available when the jackpot is worth less than $150 million. As of 2021, the largest lottery jackpot in the history of the world was a Powerball jackpot worth over $1.5 billion dollars. The value of a Powerball ticket, if only measured in the likelihood of winning something, the big jackpot or a lesser prize, is negative. CLICK HERE for the Official Powerball website. Putting $260 per year into stocks (and assuming annual returns of about 7% based on equities' historical performance) would leave you with $11,015 after 20 years. But if you really care about maximizing your wealth, the only winning move is not to play. "2021 Annual Survey of State Government Finances Tables," Download "Income and Apportionment of State-Administered Lottery Funds: 2021 [<1.0 MB]. So can spending an extra buck really make a difference? So the rules aren't . The largest lottery jackpot in U.S. history, for a Powerball drawing in January 2016. document.getElementById("comment").setAttribute( "id", "ae7cb7ab6d168e4b230c984eed6b2336" );document.getElementById("de387d73e7").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. Bell checked her ticket the morning after the Feb. 6 drawing and learned she had won the $754,550,826 grand prize, which is the fifth-largest Powerball jackpot in the history of the game. There have been 39 drawings held since the jackpot was last won. The Power Play feature is the multiplier in the US Powerball lottery. A separate Power Play number is drawn every Monday, Wednesday . Jackpot shrinks quite a bit. Some people have chosen to spend an extra dollar for the Power Play option, which is a way of multiplying your winnings if you somehow win second place or below. Powerball drawings occur every Monday, Wednesday, and Saturday at 10:59 p.m. 3. If youve dreamed of becoming an instant multi-millionaire, nows your opportunity as Powerball currently has a billion-dollar jackpot (worth about $497 million in cash). The content and operations of this website have not been approved or endorsed by MUSL or any other state lottery organisation. To put this in perspective, youhavea: Most people would agreethe likelihood they will suffer any of these misfortunes is pretty miniscule. On Oct. 29, no one walked away as a big winner in the Powerball drawing, driving up the $825 million jackpot to approximately $1 billion. How to play the Powerball The Powerball costs $2 per play. Lottery operators have reduced the odds of hitting jackpots over time to ensure they grow larger after a number of drawings without a grand prize winner. For an extra $1 per play, ticket holders can participate in Power Play. If you match at least one number to the Powerball drawing, you do win a prize, though . Why are there exactly 3 generations of particles? "New Vintage 2021 Population Estimates Available for the Nation, States and Puerto Rico.". While winning the big jackpot sounds appealing for the opportunity to pay off debt, buy a house in cash, or travel the world, the chances are slim. theLotter makes it very easy for you. The . The Power Play was 2x. If a Powerball lottery ticket costs $2, for example, buying a ticket would be above the worth it line if: But buying a ticket would fall below the worth it line if: Notice how small these differences are, but how in the earlier cases, you can expect to win more than you bet, while in the latter cases, you expect to bet more than you win. What Percentage of Lottery Winnings Would be Withheld in Your State? A Wake-Up Call for Investors to the New, New Normal. You cannot win Power Play itself. The winning Powerball numbers for Wednesday, March 1, 2023 drawing are in. "How Dangerous Is Lightning? Four pairs of . If youve never bought Powerball tickets before, you might be wondering how to win the big cash prize. To give you a sense of. If your ticket matches four numbers and the Powerball, you win $50,000. Long-Run Effects of Lottery Wealth on Psychological Well-Being, Publication 559, Survivors, Executors, and Administrators, Publication 939, General Rule for Pensions and Annuities, 1 in 1,222,000 chance of death or injury from lightning in a given year, 1 in 57,825 chance of dying from a hornet, wasp, or bee sting during your lifetime. But its the notion that There will be one winner, and that winner will be me thats truly erroneous. Another record-breaking jackpot record? The fact that the second-biggest-payout is only doubled, no matter what the Power Play multiplier happens to be, makes this a raw deal any way you slice it. How Much Can Power Play Increase Powerball Prizes? Even if things go badly the first year, you will have many more chances to learn from mistakes, recoup losses, and handle your affairs better. Every 3 and a half minutes there's a new drawing. This means that it can increase the prizes in the game for those who add it to their ticket. 6 One thing the lottery's site fails to mention is that if you do . Players can increase their prize amounts by spending an . The Powerball drawing is broadcast live at 10:59 p.m. POWERBALL Win millions or even billions. To equal the odds of winning the Powerball jackpot, you would have to fill that same stadium to capacity 1,947 more times and put all of those people together and have the same drawing with a single winner. "Powerball Odds. Double Play numbers are 47, 51, 53, 62, 63, and the Powerball is 16.. But once more than about 200 million tickets are sold, which happens at greater Jackpot levels, the less valuable each ticket becomes! Many thanks for your service." The odds of winning any of Powerball's prizes, which start as low as $4, with a single ticket are 1 in 24.9. Investopedia contributors come from a range of backgrounds, and over 24 years there have been thousands of expert writers and editors who have contributed. Your one matching numbers prize can multiply depending on the Power Play. Consider someone who contributed $250 annually to an individual retirement account (IRA) instead of spending that money on lottery tickets. one white ball and no Powerball (27.18%), and. If funds are insufficient to pay set prizes, non-jackpot prizes may be paid on a pari-mutuel basis and could be lower than the amount shown. Double Play is an option that players in select jurisdictions can add to their Powerball ticket for the chance to win cash prizes of up to $10 million. Whether you've spent hours calculating the perfect set of numbers or plan on leaving it all to the computer, you would probably do anything to get a leg up in this battle for the billion. You cannot play it on its own. It only applies to secondary prizes, but it can increase them significantly. But what are your. Or, you had a 1-in-500,001 chance of winning $1,000,000. Power Play also increases all the other prizes, which can be multiplied by 2, 3, 4, or 5 times the original amount. Want to increase your Powerball prizes 2, 3, 4, 5, or even 10 times? As well all know, nobody in their right minds will pay $10 bucks for only a 20% chance that you will win $20, but with the Lottery system, well, it actually works quite like that. A Priori Probability Definition, Formula, Example. A Minnesota study found 20% of lottery players accounted for 71% of lottery receipts, whilein Pennsylvania 29% of players accounted for 79% of lottery revenue. She also . So if you're gung-ho about taking this gamble all the way, then by all means, be my guest and go for that Power Play. You could alsopay an extra $1 for the "power play," a multiplier that increases yourpayout for non-jackpot prizes. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. This turns a ticket that cost $10 into a $15 ticket. Power Play does not apply to the jackpot. And that's before considering the tax savings from the tax-deductible IRA contributions. Powerball: 26. The Powerball jackpot climbed to an estimated $754.6 . If the 10x multiplier is selected, it is therefore possible to win in the third prize tier and still get $500,000. Besides that we saw 440,445 total tickets win prizes ranging from $4 to $1 million! Or, you had a 0.1% chance of winning $1,999. However, Powerball is more than simply the jackpot payouts. But what are your actual chances of winning? The Power Play box has to be checked and the additional fee must be paid when the ticket is submitted in the game. Lottery wins are subject toincome tax(both federal and state, except for the few states that don't tax winnings) in the year you receive the money. "Publication 939, General Rule for Pensions and Annuities," Page 4. Let's look at it another way. You can win 2, 3, 4, 5, or even 10 times more with the multiplier. Even if you bought a thousand tickets, your chances wouldn't be greater in any significant way than they would be if you bought just one. Montana joined Idaho in making Power Play a standard feature of the game in July 2022. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. But if youre only pocketing $4, it wont be much of a concern. Based on the last year, the 10X multiplier hasnt even been included (so cannot be drawn) for 53% of Powerball draws. (You must pay another $1 per play to get Power Play, and the multiplier rate is determined randomly before the drawing.). According to NBC News, that is comparable to flipping a quarter and getting heads 28 times in a row. But dont jump up and down yet its a $4 prize. The jackpot doesnt count, the Match 5 is only ever doubled. Copyright 2007-2023 & BIG THINK, BIG THINK PLUS, SMARTER FASTER trademarks owned by Freethink Media, Inc. All rights reserved. The odds of a. These include white papers, government data, original reporting, and interviews with industry experts. It can make secondary prizes reach some impressive amounts. "Gambling in Texas: 1995 Surveys of Adult and Adolescent Gambling Behavior," Page 24. Check the current Powerball jackpot for the next draw. And heres why. Taxes not only crush the expected payout from the Grand Prize, but also the second-largest prize as well: the $1,000,000 for hitting all five white numbers without the Powerball. Here are the odds of each of them being drawn in this set of balls: Here are the most commonly asked questions about the Power Play feature along with the answers. The Powerball jackpot drawing today (03/01/2023) is worth an estimated $143 million for a single winner. and about $0.09 from the periodic $1,000,000 payouts. Powerball tickets in Idaho and Montana have Power Play added automatically and there is no option to remove it. And here in November of 2022, the Powerball jackpot has hit a whopping new record of $2.04 billion, a new record not just in terms of Powerball, but among all lottery games worldwide. Even small purchases of a lottery ticket or two can add up to thousands in foregone savings over the long run, if they turn into a habit. ", Most states offer the Megaplier feature on Mega Millions. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Henry K., 29 September 2021. The Numbers on a Powerball Ticket The numbers on the red Powerball are 1-26. ", Associated Press. These winnings can be multiplied by the "power play"number, if applicable, which is randomly chosen before each drawing. Then, pick a powerball number between 1 and 26. Sat, Mar 04, 2023. . The world record Powerball just keeps on growing. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. In order to work out what the expected value is for each Powerball ticket, the first thing we have to do is understand what the set of possible outcomes are, and what your odds are of achieving each one. In order to win, you need to match five normal lottery numberswhite balls numbered 1-through-69plus the Powerball: a red ball numbered 1-through-26. Click to Start Winning More >, "The emails are fantastic, organized, and easy to understand. Internal Revenue Service. So a powerball ticket with power play and double play is $4 d3loots 2 yr. ago Powerplay multiplies your prize x2 x3 x4 or x5 depending on which is drawn.