Powerball Plus Payouts
* Don't forget to pay taxes on your winnings. Whether it's a small payout or a large one, You have to pay federal and state taxes.
- Powerball Plus Payouts 11 December 2020
- Payout For Powerball Number Match
- Ohio Powerball Payout Chart
- Powerball Plus 2 Numbers Payout
Diagram showing Powerball Plus prize pool. There were no winners of the Powerball Plus Jackpot (6/6 match with PB) on. If you matched 4 numbers, you won R381.00 worth dividend with other 479 players. PB Plus draw with nr. 1170 has a total payout R1,943,629 and a player pool of 207,158 who got cashed out tickets. Powerball Prizes. Powerball has nine prize tiers, and you win by matching the numbers you choose to the winning numbers drawn. You can win a prize by matching the Powerball alone, but you must match all five main numbers plus the Powerball to land the jackpot. Learn all about the different ways to win, the odds of winning and how to claim any. .The Arizona State Lottery official audited records of the numbers that were drawn will determine the winner rather than the numbers televised or published on the web. Drawing prizes must be claimed within 180 days of the drawing.Winning the Match 5 prize (all 5 white balls) still pays $2 million regardless of the multiplier number drawn.
- You can claim a Powerball jackpot prize as a lump sum or as an annuity payment over 29 years (30 guaranteed payments). The advertised jackpot amount is always the annuity sum before tax. The Power Play option was introduced to the game in 2001. The 10x multiplier is available only when the jackpot is $150 million or less.
- Annuity Cash; Powerball Jackpot for Sat, Feb 6, 2021 $30,000,000 $22,400,000; Gross Prize 30 average annual payments of $1,000,000: Cash: $22,400,000 - 24% federal tax.
Powerball Plus Payouts 11 December 2020
Powerball payout starts from $4, and that can be win by matching one number only. This payout inclusion in Powerball increases the overall chance of winning. Matching one number doesn't win you a lot of money. But it is something that boosts your confidence and also recovers your ticket cost.
Everyone is not going to win a huge amount by matching 5 or 6 numbers in each draw. And that's the reason to promote the lottery They broke down the prizes in 9 tiers. So people can win prizes according to the different types of payouts.
Powerball Payout Chart
Payout For Powerball Number Match
This chart will show you how much you will win with different winning number combinations. Minimum payout is $4 if you match one white ball with Power ball or match only Power ball. And the maximum amount you can win in current Powerball is the Jackpot Prize.
| Match Case | Payout | Odds |
|---|---|---|
| 5 + PB | Jackpot | 1 in 292,201,338 |
| 5 | $1 Million | 1 in 11,688,054 |
| 4 + PB | $50K | 1 in 913,129 |
| 4 | $100 | 1 in 36,525 |
| 3 + PB | $100 | 1 in 14,494 |
| 3 | $7 | 1 in 580 |
| 2 + PB | $7 | 1 in 701 |
| 1 + PB | $4 | 1 in 92 |
| Only PB | $4 | 1 in 38 |
When you win the Jackpot then how much you are going to get after the taxes. Slots farm bonus. We have done a full analysis of Powerball Jackpot. You can check it by clicking the button below.
There is a Power Play option in this Lottery. So if you opt this option by paying $1 additional then you can multiply your winning amount by a multiplier. Multiplier can be 2x, 3x, 4x, 5x, or 10x. Following chart shows you the list of power play prizes.
As you win a prize, You will need to pay taxes on your winnings. There are at least two taxes levied on your prize money, Federal tax, and State tax. In your jurisdiction, there might be some local taxes imposed on your payout, and you must have to pay those also.
Cash Payout:- You can opt to get the Jackpot payout in cash at the time of the claim. Approximate (lump sum) cash amount is around 60% of the advertised jackpot.
Ohio Powerball Payout Chart
Annuity Payout:- If you choose this option, then you will get the Jackpot amount in 30 installments. The installment will increase by 5% each year. This option will give you 100% of the advertised jackpot.
Federal Tax:- In the US, Federal tax is dependent on the money you earn or win. Federal tax is variable from 10% to 37%. Here for the Jackpot amount, you always fall on a 37% tax category.
State Tax:- State taxes in the US varies between 0% to 10% and is independent of payout value. You can check state tax for your residing state on Powerball Analysis page.
Your total tax liability is around 40-45% approximately. This liability includes both federal and state tax. Gross payout is not the amount you are going to get in hand. Net payout is what you will get after paying all the payments.
Power Play Prize Chart
Powerball Plus 2 Numbers Payout
| Match | Power Play |
|---|---|
| Match 5 + PB | Jackpot |
| Match 5 | $2 Million |
| Match 4 + PB | $100,000 |
| Match 4 | $200 |
| Match 3 + PB | $200 |
| Match 3 | $14 |
| Match 2 + PB | $14 |
| Match 1 + PB | $8 |
| PB | $8 |
10X Multiplier comes into play when the jackpot prize is less than $150 million. Otherwise it is out of the game. Prize amount of Match 5 main numbers will be multiplied by 2 only even if the multiplier is more than of it. Buffalo stampede slot machine online.