Jackpot – 5 Numbers Plus PB to Win At Least $40 Million. The grand prize will require guessing all numbers drawn correctly. Powerball is a two-pot game, which makes it a difficult task. That’s why the odds are 1:292,201,338. But if you are lucky enough, you’ll become a millionaire since the minimum sum offered is $40 million.
What are the odds of winning the Powerball? Your chances of winning the Powerball – if you were to play only one set of numbers, would be 1 in 292,201,338. You can of course improve your odds of winning by purchasing more tickets and playing more combinations, but realistically speaking, it won’t make much of a difference.
One in 317. The odds of winning $7 if you buy one Powerball ticket. One in 164,968. Cause of death: struck by lightning.
The odds represented in the above table are essentially winning probabilities for a Powerball player (per $2 bet). The odds for the grand prize is 1 in 292,201,338. So the probability of winning the grand prize with one ticket is 1 / 292,201,338, which of course is essentially zero.
The odds of winning PowerBall are calculated by combining the odds for both sets of numbers for all prize levels. This means that there is only 1 way in which 5 numbers out of 5 numbers drawn from a field of 69 numbers can be chosen correctly.
Powerball is another form of lottery where the chances of winning are almost 0% because the prize money is given out on a winner-take-all basis. The winner gets the prize, but with the added incentive of an annuity that is equal to the value of what the prize would be if won.
Did you know your odds of winning a prize are the same in every Powerball drawing? You have a 1 in 24.9 chance of winning a prize when the advertised jackpot is $40 million. You still have a 1 in 24.9 chance of winning a prize when the advertised jackpot is $1 billion.
PowerBall numbers are drawn from two sets of numbers. Five numbers are drawn from one set of 69 numbered white balls and one Powerball number is drawn from a second set of 26 numbered red balls. The odds of winning PowerBall are calculated by combining the odds for both sets of numbers for all prize levels. The first, third, fifth, and seventh