For the annuity, the annual payments increase by 5% each year which helps to protect the winner’s lifestyle and purchase power from inflation. Odds When 10X Multiplier is NOT AvailableĪnnuity Option: A Powerball jackpot winner may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment (cash option). Regardless of the multiplier number selected, the match 5 prize will always be $2 million USD when the Power Play option has been purchased.Īll prizes are set cash amounts, except the Grand Prize.Īll Prize amounts above are quoted in USD The 10x multiplier is not always available when the advertised jackpot prize is over $150 million USD (based on the annuity payout option, as opposed to the lump sum payment option) only the 2x, 3x, 4x, and 5x multipliers will be in play. Just prior to each drawing, the multiplier number is selected at random. Eastern Time.įor an additional fee per play, the Power Play® feature can multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times. Powerball drawings are conducted three times a week each week, on Mondays, Wednesdays and Saturdays. ![]() ![]() It’s also played in Puerto Rico, Washington DC and the US Virgin Islands. Powerball is played in 44 states of the USA. All prizes in the table above are quoted in USD
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