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How do you win the Powerball?

To play, you must pick five numbers from 1 to 69 and a Powerball number from 1 to 26. If the six numbers you choose match those drawn, you win the jackpot.

en.as.com - How many numbers do you need to win a prize in Powerball? - AS USA

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When is the next Powerball draw and where can you buy tickets?

The next Powerball jackpot drawing takes place at 10:59pm ET Monday, Jan. 16. The estimated jackpot now stands at $439 million, with a cash value of $237.3 million.

How to play Powerball

A regular Powerball ticket costs $2. To play, you must pick five numbers from 1 to 69 and a Powerball number from 1 to 26. If the six numbers you choose match those drawn, you win the jackpot. Steadily smaller prizes are also available if some, but not all, of your numbers come up (see below).

Power Play, Double Play

For an extra $1, you can add what’s called a Power Play. This multiplies winnings by two, three, four, five or 10, depending on the multiplier number picked out of the hat before the draw itself takes place. Power Play isn’t applied to the jackpot, however, and the multiplier is never higher than two if you win the $1m second prize. In some states - Colorado, Florida, Indiana, Maryland, Michigan, Missouri, Montana, New Jersey, Pennsylvania, Puerto Rico, South Carolina, South Dakota, Tennessee and Washington - you can also pay $1 for a so-called Double Play. This option sees players’ numbers added to a second draw after the Powerball draw, with a maximum cash prize of $10m.

How much can you win in the next jackpot?

Five numbers + Powerball: jackpot

Five numbers: $1m

Four numbers + Powerball: $50,000

Four numbers: $100

Three numbers + Powerball: $100

Three numbers: $7

Two numbers + Powerball: $7

One number + Powerball: $4

Powerball: $4

Why are there two jackpot figures?

Winners of the Powerball jackpot can choose to receive their money as an up-front lump sum, or in annual payments spread out over 29 years. If they opt for the latter, known as the ‘annuity option’, they get the jackpot in full, in steadily rising payouts. In the case of Saturday’s draw, the payments would increase from just over $2.5m to around $10.5m. If they go for the lump sum, they get the smaller ‘cash value’ figure. Explaining the difference between the two jackpot amounts, the Powerball organisers say: “The annuity is invested in government bonds over 29 years, allowing payments to increase by 5% each year.”

Remember that winnings are pre-tax.

What are the odds of winning the Powerball jackpot?

According to Lottery USA, a single ticket has a one in 292,201,338 chance of matching five numbers and the Powerball. Your odds of getting five numbers without the Powerball are 11,688,053.52 to one.

Where can you play Powerball?

Currently, the following states, territories and federal districts participate in Powerball: Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, the District of Columbia, Puerto Rico and the US Virgin Islands.

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Is there a strategy to Mega Millions?

There's no strategy to win Mega Millions, but where you buy your ticket affects your winnings. WOODBURY, Minn. -- All you have to do is pick five numbers between 1 and 70, and then another between 1 and 25.

cbsnews.com - There's no strategy to win Mega Millions, but where you buy your ...

WOODBURY, Minn. -- All you have to do is pick five numbers between 1 and 70, and then another between 1 and 25. Match those numbers with the official drawing of the Mega Millions lottery on Tuesday night and you'll be the lucky winner of a jackpot worth more than $830 million. "I don't need that much," lottery player Marty Cover quipped to WCCO. "Instead of ending my vacation today, I would extend it into the future." Shannon Kelly, another player, likewise said "All I want is to be happy and retire early." Whatever the motivation, the massive jackpot is the third largest in the game's history, and only once in the last 20 years did players from Minnesota win the biggest Mega Millions prize. In fact, among the 226 Mega Millions jackpot winning tickets in the last 20 years, more than half of them have been won in just five states: New York (38 winning tickets), California (33), New Jersey (25), Ohio (21) and Georgia (14). Of course, it's unknown where the next winner will come from, but different states do present different options for players in terms of how much of their winnings they'll keep and how much they'll owe in taxes. In addition to a 24% flat tax rate from the IRS, a winner from Minnesota must pay a 7.25% state tax on winnings, while in Wisconsin the tax is 7.65%. Buy a ticket in Iowa and win, the state tax is down to 5%, but in South Dakota it's zero.

Good luck everybody!

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