How To Win Powerball Lottery Guides

Our updated how to win powerball lottery guide. Remember that a winning lottery strategy is about finding an edge not magically predicting the next draws numbers. It’s all about the math.

For an extra $1 per game, you can expand your non-jackpot winnings* 2, 3, 4, 5 or 10 times based on the Power Play randomly chosen at draw time. Any player who purchases the Power Play option and matches all 5 of the white ball numbers will automatically win $2,000,000. The 10 times multiplier will only be available on advertised annuity jackpot** levels of $150 million and below.

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Refer to the official game rules for a more detailed an extra per game, you can expand your non-jackpot winnings* 2, 3, 4, 5 or 10 times based on the Power Play randomly chosen at draw time. Any player who purchases the Power Play option and matches all 5 of the white ball numbers will automatically win The 10 times multiplier will only be available on annuity jackpot** levels of million and White + 1 Power White + 0 Power White + 1 Power White + 0 Power White + 1 Power White + 0 Power White + 1 Power White + 1 Power White + 1 Power odds of winning a Powerball prize are 1 in 24.9. * Power Play does not apply to the jackpot. **The 10x will be available at annuity jackpot levels of million and below. Players have 180 days from the date of the Powerball drawing to claim prizes. For jackpot prizes, you choose either 29 years (30 payments) or the lump sum cash option when you claim your prize at Washington’s POWERBALL FOR MULTIPLE DRAWINGS You can buy a ticket for up to ten consecutive Advance Play is not available for Powerball drawings are held at 7:59 p.m. Pacific Time every Wednesday and Saturday.

how to win powerball lottery


How To Win

The Powerball Power Play option adds even more excitement to an already thrilling PA Lottery game! The Power Play option gives you the opportunity to increase your winnings for all prize levels except the jackpot. Prior to the Powerball drawing, a separate number (2, 3, 4, 5, or 10*) will be drawn; this is the Power Play number. If you win a non-jackpot prize from your Powerball wager and selected the Power Play option, your prize will increase according to the table below. The Power Play option applies to all plays on a playslip and adds $1 to the cost of each game played.

View Powerball Payouts

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how to win powerball lotteryCheck Lottery results to see how many numbers you match. Prior to the Powerball drawing, a separate number (2, 3, 4, 5, or 10*) will be drawn; this is the Power Play number. If you win a non-jackpot prize from your Powerball wager and selected the Power Play option, your prize will increase according to the table below. The jackpot prize will be divided equally among all winning plays which correctly match five white balls plus the red Powerball that is drawn. Jackpot winners have 60 days after claiming that prize to choose how to be paid.

1.5 billion dollars it’s the single largest Powerball jackpot in US history even with a 1 and 292 million chance of winning Americans are lining up and waiting hours of the cold for a chance to win a football fields length away from the store and I’m told it’s almost a three hour wait but have you ever wondered how the Powerball business works or where those two dollars you spend are actually going I’m gonna break it down for you right now what’s up everybody my name is just policing and welcome to the minority mindset the Powerball lottery is run by the multi state lottery Association also known as the MU SL it’s a non profit government benefit Association meaning is essentially a fundraiser for the government it’s made a lot of money over the years and here’s how it works the Powerball jackpot starts off at 40 million dollars you pick five numbers between 1 and 69 and one Powerball number between 1 and 26 if you get all the numbers right you win the jackpot but if there’s no winners then the Powerball jackpot goes up by a minimum of 10 million dollars the actual amount goes up by varies by the number of ticket sales there are the higher the jackpot the more tickets that are sold the more tickets that are sold the more revenue there is and the more revenue that there is the more money that there is to give away in the jackpot the Powerball was started in 1992 when tickets for just $1 but after a not so great year 2011 with revenues of about 2. 9 billion dollars the emulous song needed to come up with a way to make more money so they decided to increase and take a price from $1 to $2 now basic economics will tell you that when you increase the price of something you’ll make more money per person but you’ll sell less than that item so to increase ticket sales that mus all made it more difficult to win the lottery this is why we now pick numbers between 1 and 69 instead of 1 in 59 this decreases our chances of winning from 1 to 175 million to 1 and 292 million you’re probably wondering how decreasing the chances of winning would increase to sailes well with there’s no winner then the jackpot goes up which results in more press coverage and more people that are interested in playing the lottery after one year making the change the mus else on 35% increase in revenue to about four billion dollars since its start Powerball has made about fifty six billion dollars from ticket sales and is paid out just over twenty eight billion dollars in rewards and prizes so what happens to the other half of the money the mus cell says all profits from the games are kept by the states that sell the tickets which is just political talk meaning that they’re going to spend as much money as possible paying their employees before they hand over the money to the state don’t believe me in 2012 Rhode Island reported that they only made eleven cents for every dollar spent on lottery tickets that means that the other eighty nine percent were business expenses so maybe you don’t need a lottery ticket to be a real lottery winner so if there’s a one in 292 million chance of winning and I buy all 292 million variations of lottery tickets for 584 million dollars doesn’t that mean I’m guaranteed to win the 1. 5 billion dollar jackpot yes but there’s a couple problems with that you only get the 1. 5 billion dollars if you accept the money over 30 years if you want the money now you’ll make about 868 million dollars but you still have to pay federal income tax on that which comes up to about 40% they begin with about 520 million dollars a loss but it doesn’t end there the IRS requires you to withhold 25 or 28 percent of your lottery earnings probably because they want to make sure that they can take as much tax from it as possible and so they can check that you didn’t miss a penny on your previous tax returns plus with more and more people buying lottery tickets it’s more likely that there’s going to be more than one winner so you’d have to share the pot and if that’s not convincing enough you have to buy all your lottery tickets in person so even if you could buy one lottery ticket a second it would still take you over nine years take it on 292 million lottery tickets if you play the lottery good luck if you liked the video don’t forget to give me a thumbs up and share this with your friends and don’t forget to subscribe so you don’t miss our new videos next week thank you.
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