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Powerball Payout Vs Payments
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Powerball


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Powerball is a lottery-style game played two times per week in which people pick five different numbers from one to fifty-five, and then an additional “Powerball” number between 1 and 42. The Multi-State Lottery Association then chooses six numbers at random, and players win by matching their numbers with those in each drawing. Most people think that the only way to win at Powerball is to match all of the numbers on their ticket with the numbers on the balls that pop up during each drawing, including the red Powerball. Because the odds of this happening are an astronomical one in 146,107,962, no one really goes into the drawing expecting to win. But while it’s true that this is the sole method to win the big, multi-million dollar grand prize, there are actually eight other ways to win a lesser prize in the game.

What would happen if a person’s numbers match all five of the ones drawn, but their red Powerball number does not match? They would become $200,000 richer, that’s what. Sure, the odds are still very steep at one in 3,563,608.83, but this is a pretty good second prize. There is also another way to match five numbers, but this result only pays $10,000. That is to match four out of five regular numbers and the Powerball number as well. The odds of this happening though, are much better at one in 584,431.85.

If five of the regular numbers on one’s ticket didn’t match, perhaps four did. This earns the ticket holder $100, and happens once out of every 14,254.44 times. Also paying $100 is the other way to match four numbers, which is when three regular numbers match, along with the Powerball number. Even though this occurrence pays the same as matching four regular numbers, the odds are more than sixteen percent better at one in 11,927.18.

There are two ways to win $7 at Powerball. If three regular numbers match, the holder can turn his ticket in for this prize, and the odds of this happening are a very attainable one in 290.91. Also, there is a one in 745.45 chance that the ticket holder will match two regular numbers and the Powerball number, which will net the same prize. There is only one way to win by matching two numbers, however, and that is by matching one regular number and the Powerball number. This pays $4, and will happen once in 126.88 plays.

Finally, should only the Powerball number match on one’s ticket, the holder still wins $3. The chance of this happening is one in 68.96, which on the surface defies common logic. Since there are only forty-two numbers to choose from when selecting a red Powerball number, why aren’t the odds of winning this prize one in 42? The answer to this question is that while it’s true that a ticket will match the Powerball number once out of every 42 times, some of the occurrences in which this happens will be times when other numbers match as well, and the ticket holder will win another prize rather than the $3 one. So, these occurrences are not included in the odds for the $3 prize.

To sum up, not only can one win millions of dollars in the grand prize at Powerball by matching all of the numbers on his ticket, but there are eight other ways to win, with the payouts going up as the odds decrease. Besides the huge grand prize, ticket holders can win as much as $200,000, or as little as $3. Thus, the odds of winning at Powerball are not one-in-a-billion, but really one in 69.

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From: really
Comment: The article has nothing to do with the title. I suggest less alcohol.

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