![]() Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. “That investment adviser will get fees off managing that money.”Ĭhancey said talented investors probably could make more money than paid through an annuity but there is risk and advisers need to be open about their potential gain depending on the jackpot winners’ choices. “If you go to a financial person and say you want to invest $1 billion, the financial person will say take the $600 million and we’ll pay taxes on it, you’ll have $300 million left over and I’ll invest it for you,” Chancey said. But Chancey also urged winners to understand that if advisers earn a percentage from the investment of all that money, they have a financial stake in how the money is paid out and should be clear about any potential conflict. 5 + Powerball: 10,000,000: 1 in 292,201,338: 5: 500,000: 4 + Powerball: 50,000: 4: 500: 3 + Powerball: 500: 3: 20: 1 in 579.76: 2 + Powerball: 20: 1 in 701.33: 1 + Powerball: 10: 1 in 91.98: Powerball: 7: 1 in 38.32: Overall odds of winning a prize in Powerball Double Play are 1 in 24.87. Matt Chancey, an investment adviser in Tampa, Florida, said that certainly makes sense. Officials urge anyone lucky enough to win a Powerball jackpot to consult a financial adviser - while keeping that valuable ticket safe - before showing up at a lottery office for an oversized check. If no one wins Wednesday night, the jackpot could become the largest ever, topping a $1.586 billion Powerball prize won by three ticket holders in 2016. 3 - resulting in 38 consecutive draws without a jackpot winner.Īll that losing has let the Powerball jackpot grow to be the fourth-largest in U.S. That’s why no one has won Powerball’s top prize since Aug. Of course, it’s good to keep in mind that your chance of winning the jackpot is incredibly small, at 1 in 292.2 million. “And I’d rather get all my good deeds done right away and feel good about the giving,” Thomas said, adding she would donate to groups that do medical research for children as well as help veterans, homeless people and animals. While purchasing five Powerball tickets at a Speedway gas station in Minneapolis, 58-year-old Teri Thomas said she’d rather take the cash prize because she doesn’t think she’ll live long enough to collect an annuity over 29 years. Hand your marked play slip to the store clerk and you will receive a ticket with your POWERBALL © numbers on it.“If you think you can beat the 4.3%, you should take the cash,” Keil said. Mark the POWERPLAY © box on your play slip to select this option for ALL plays on your play slip. POWERPLAY © costs an additional $1 per POWERBALL © play. This option increases your prize by 2 to 10 times! (This excludes the Grand Prize which remains the same and the Match 5 prize which DOUBLES). Mark the appropriate “Multi-Draw” box for 3, 6, 12, 15, 18 or 36 consecutive drawings. You may play your number selections for more than one drawing. You may have the computer randomly select your numbers for you by marking the “Quick Pick” (QP) box. In the bottom section mark one box from 1 to 26 representing your POWERBALL © number. In the top section, mark 5 different boxes from 1 and 69. Tickets must be purchased by 9:59 p.m., ET, every Monday, Wednesday and Saturday. You may play up to 5 POWERBALL © plays on each slip. Pick up a POWERBALL © Jackpot play slip at your favorite West Virginia Lottery Retailer.Įach slip has 5 play panels (A-E). ![]() Click Here for More Information… How to Play Following the next Grand Prize win, Powerball’s starting jackpot will reset to a guaranteed $20 million (annuity) with minimum roll increases of $2 million between drawings. The Powerball Product Group has announced changes to ensure the game continues to support good causes in all 48 U.S. ![]()
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