Material 2023 Powerball-MegaMillions.com. Oosouji or big cleaning is much more than a chance to tidy up. Your chances of winning the lottery are extremely low. To win the jackpot, you have to match the 5 main numbers and the Powerball. In every game of Powerball, you get one ticket with five white numbers (out of 69 possible choices) and one red number (the Powerball, out of 26). Players may also elect to purchase one or none of the add-on features: Powerball - $2 Powerball + Power Play - $3 Powerball + Double Play - $3 Powerball + Power Play + Double Play - $4. The strange number 1/137 shows up everywhere in physics. This means that it can increase the prizes in the game for those who add it to their ticket. But let's face it: The odds of getting anything are undoubtedly stacked against you. Windfall Tax: Definition, Purposes, Examples, Biggest Stadium in the World: Venues in North Korea, India and the US in Top Three - Full List, How Powerball Manipulated the Odds to Create a $1.5 Billion Jackpot, How Mega Millions Changed the Odds to Create a Record-Breaking $1.6 Billion Jackpot. Share Everything you need to know about the math of Powerball on Facebook, Share Everything you need to know about the math of Powerball on Twitter, Share Everything you need to know about the math of Powerball on LinkedIn. Your odds of winning are just so ridiculously slim. The rules are simple: Choose six numbers between 1 and 69 for the first 6 lottery number slots. The Power Play optionwhich costs an extra $1.00, turning a $2 ticket into a $3 ticketdoes the following: So whats the extra expected payoff for this additional $1 investment? New and infrequent players are attracted to the game as the jackpot gets bigger, while the focus becomes increasingly on just trying to win the top prize. The Power Play was 3X. It costs an extra $1 per play, so you would have to pay $3 in total if you were buying a single line of numbers, $6 for two lines, and so on. Even small purchases of a lottery ticket or two can add up to thousands in foregone savings over the long run, if they turn into a habit. This turns a ticket that cost $10 into a $15 ticket. Considering this rule, the best time to add Power Play to your ticket is before the jackpot has exceeded $150 million. "What Is a Blind Trust and How Does It Work for Lottery Winners? The total jackpot could increase depending on. $7.00. 2,020. In all honesty, you're still probably throwing your money away. Less likely outcomes, at the tail end(s) of this distribution, are often where the most interesting events occur. Plain and simple. Many thanks for your service." It means that the amount you can expect to win, given an average outcome for the ticket, is greater than the amount you have to bet in order to play. Yes, if you play Powerball and select the Power Play option, you could win double the prize money (except the jackpot prize). The Power Play can provide 2x, 3x, 4x, 5x or 10x the value of non-jackpot prizes, although the 10x multiplier is only available when the jackpot is worth less than $150 million. A gambling loss is a loss resulting from risking money or other stakes on games of chance or wagering events with uncertain outcomes. If you've dreamed of becoming an instant multi-millionaire, now's your opportunity as Powerball currently has a billion-dollar jackpot (worth about $497 million in cash). And finally, how big does the jackpot have to be in order for playing the Powerball lottery to be worth it from a mathematical point-of-view? The odds of achieving every possible outcome with a Powerball ticket as each and every relevant number is drawn. HOW TO WIN MORE WITH POWER PLAY: Small wonder critics say lottery games are a disguised tax on those least able to afford it. If you match at least one number to the Powerball drawing, you do win a prize, though . Want to increase your Powerball prizes 2, 3, 4, 5, or even 10 times? Powerplay is a relatively simple board game for 2-4 players that can be enjoyed by people of all ages. has a 1-in-1.75 chance of doubling (2x), a 1-in-3.23 chance of tripling (3x), a 1-in-14 chance of quadrupling (4x), or a 1-in-21 chance of quintupling (5x) the other prizes. Sixteen tickets matched all five numbers except for the Powerball worth $1 million. To put this in perspective, youhavea: Most people would agreethe likelihood they will suffer any of these misfortunes is pretty miniscule. Cookie Policy Power Play increases Match 5 from $1 million to $2 million, irrespective of which Power Play number is drawn. Here are the Power Play multipliers, the odds of each being drawn, and the effect they have on a Match 4+1 prize of $50,000. ", JSTOR. Power Play is an optional add-on for your Powerball ticket that increases any non-jackpot prizes won by up to 10 times, according to the Power Play number that's drawn. There are a total of nine ways to win a prize in Powerball, ranging from $4, recovering your initial $2 buy-in plus $2, to the jackpot. That right there would improve your chances of winning by 50%. National Weather Service. The largest lottery jackpot in U.S. history, for a Powerball drawing in January 2016. Japans waste not, want not philosophy, from meditation to Marie Kondo. A curious headline appeared on the homepage of the Mega Millions lottery game in 2011. What does it mean? It might be a waste of your precious dollar. Power Play is an optional add-on for your Powerball ticket that increases any non-jackpot prizes won by up to 10 times, according to the Power Play number that's drawn. This change happened along with the state beginning to offer the Double Play option. *A Power Play Match 5 prize will be set at $2,000,000 regardless of the Power Play number drawn. Why? "Powerball Odds. That leaves the remaining 4.02% of the time as the only chances you have to actually win something. Let's look at it another way. Playing the lottery is the ultimate low-risk, high-reward scenario. You can win 2, 3, 4, 5, or even 10 times more with the multiplier. There have been 39 drawings held since the jackpot was last won. So a powerball ticket with power play and double play is $4 d3loots 2 yr. ago Powerplay multiplies your prize x2 x3 x4 or x5 depending on which is drawn. And that's before considering the tax savings from the tax-deductible IRA contributions. Internal Revenue Service. The Numbers on a Powerball Ticket The numbers on the red Powerball are 1-26. And a 1-in-500,001 chance of winning $1,000,000 means that an average ticket is worth $1.999996. There is a better chance that you will receive a larger payout if you win in one of the lower categories, while the odds of landing the top prize remain the same. What Percentage of Lottery Winnings Would be Withheld in Your State? There are no extra numbers or anything to pick. The chances of winning the lottery are exceedingly low, but that doesn't stop people from playing. Oregon Lottery. If the payments are still coming in from an annuity, taxes will be withheld. Therefore, the Powerball jackpot will be worth $161 million, and its cash value will be $82.2 million on Saturday, March 4th. My wife asked how someone plays Keno. The Powerball will be drawn at 10:59 p.m. EST. Minimum payout is $4 if you match one white ball with Power ball or match only Power ball. So if you're gung-ho about taking this gamble all the way, then by all means, be my guest and go for that Power Play. However, if you choose the annuity option, the payments would be spread out over several decades, and so would the resulting tax bill. Since no one claimed the grand prize after the Oct. 29 drawing, Halloween night will be the next opportunity for a jackpot winner. Some people have chosen to spend an extra dollar for the Power Play option, which is a way of multiplying your winnings if you somehow win second place or below. Most lotteries offer such winners a choice between a lump sum payout and anannuity. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Where else can you "invest" $1 or $2 for the opportunity to win hundreds of millions of dollars? How To Play Powerball Your mission is simple. If you're lucky enough to win any prize below the jackpot, Power Play will multiply your win. Or, you had a 0.1% chance of winning $1,999. Typically, a small minority of heavy players provides most lottery revenue. Power Play is a multiplier which is applied to any prizes you win apart from the jackpot. I know it's $2 for the base ticket and $1 for each add-on. But what are your. "What Percentage of Lottery Winnings Would be Withheld in Your State? In fact,even ifyou happened to hit the 5x option, which happens only about 5% of the time, you only up your expected winnings to $1.34 for the non-jackpot options, which increases your winnings by a mere $1.02. The odds are slightly different depending on whether the 10X multiplier is in use (which is only used when the jackpot is less than $150 Million). In some states, Powerball will convert annuities to lump sum payouts after the winner's death to help manage the resulting tax obligations. Firstly they determine the basic lump sum amount (which I'll explain, Lotteries pay out big prizes, but how does the lottery make money? . A 49% chance of winning $4 means that an average ticket is worth $1.98. Taking the money over time provides you with multiple chances to invest it wisely. To play, select five numbers from one to 69 for the white balls, then select one number from one to 26 for the red Powerball. But if you are looking to hit the jackpot, you need more than one match. As of 2021, the largest lottery jackpot in the history of the world was a Powerball jackpot worth over $1.5 billion dollars. Shes Atlantas Richest Housewife, Get Even More From Bustle Sign Up For The Newsletter. A Priori Probability Definition, Formula, Example. The Powerball Power Play numbers are 2, 3, 4, 5 and 10. Take a look at the latest Double Play numbers here. Saturday night's 03/04/23 Powerball jackpot is worth $161 million, with a cash-value option worth $82.2 million. The amount your prize is boosted is determined by the Power Play number. Four pairs of . Heres How To Pay Taxes On Your Super Bowl Winnings. {notificationOpen=false}, 2000);" x-data="{notificationOpen: false, notificationTimeout: undefined, notificationText: ''}">, Copy a link to the article entitled http://Everything%20you%20need%20to%20know%20about%20the%20math%20of%20Powerball, How Zenos Paradox was resolved: by physics, not math alone, No, we probably didnt detect our first planet in another galaxy, How Probability Misleads Us About The Universe. Long-Run Effects of Lottery Wealth on Psychological Well-Being, Publication 559, Survivors, Executors, and Administrators, Publication 939, General Rule for Pensions and Annuities, 1 in 1,222,000 chance of death or injury from lightning in a given year, 1 in 57,825 chance of dying from a hornet, wasp, or bee sting during your lifetime. If 190 million tickets are sold pretty typical for a near-$1B Jackpot the odds are: The greater the Jackpot, the greater the number of people who buy tickets. "Who Plays the Lottery, and Why: Updated Collection of Research. Jackpot shrinks quite a bit. If you play with the Power Play feature, you have the chance to increase your winnings, but it is not a guarantee. Why do people powerplay? You may be in a better income tax position if you receive the proceeds as an annuity rather than up front. Of course, someone has to win the jackpot. Which should you take? For the 10X Power Play option, the Powerball number will be worth $40. If the winner opts for a lump sum, it can usually be inherited tax-free since inheritances are rarely taxed. That said, well come back to both the Power Play option and the Grand Prize payout in a bit; first, lets look at the more likely non-Jackpot options. Get counterintuitive, surprising, and impactful stories delivered to your inbox every Thursday. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. All other prizes are set payouts. Yes, but: Despite no jackpot winner, more than 10.9 million tickets won cash prizes totaling $102.2 million in the Nov. 5 drawing, according to Powerball. The possible options, which make up 4.02% of all Powerball tickets sold, for what you should match to win that prize, what the prize for winning is, and what your odds of achieving that specific outcome are. Or, you had a 1-in-499,999 chance of winning $1,000,000. So should you use the Power Play option on Powerball? Players must be 18 or over to participate in online lotteries. Powerball drawings are broadcast live each week on Monday, Wednesday and Saturday. Play Powerball for chances at huge jackpots! Depending on the amount of the jackpot, there are 4 or 5 types of balls in this barrel. Powerball: 26. You can add each one for an additional dollar. It can make secondary prizes reach some impressive amounts. and 29% that two or more people win, and split, the Jackpot. In particular there are some questions you should ask if youre interested in the math behind Powerball: The idea of worth it is a subjective one to most people, but from a scientific/mathematical standpoint, it has a very particular meaning. In that case, your odds of winning would be 1 in 150,000. $10.00. So let's try a more cautious estimate. Powerball is one of the most popular lottery games in the United States and is played right across the country. How much will a lottery winner receive after taxes? What Is a Blind Trust and How Does It Work for Lottery Winners? Subscribers will get the newsletter every Saturday. Missing the Powerball but hitting all 5 matching white balls earns you $1,000,000. Seven things more likely to happen than winning the Powerball or Mega Millions lottery, Your California Privacy Rights/Privacy Policy, 1 matching number that is the Powerballnumber: $4, 1 matching number + the Powerball number: $4, 2matching numbers + the Powerball number: $7, 3 matching numbers + the Powerball number: $100, 4 matching numbers + the Powerball numbers: $50,000, 5 matching numbers + the Powerball number: Grand prize. Even if things go badly the first year, you will have many more chances to learn from mistakes, recoup losses, and handle your affairs better. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. That said, although nobody won the jackpot Saturday night, 25 players won $1 million, and three of them chose the Power Play option, landing them with $2 million. The odds of a Power Play along with the prize increases from using the Power Play option, with the odds given when the 10x multiplier both is and is not active. Most lottery winners opt for a lump sum payment. ", U.S. Census Bureau. You still have to win one of the secondary prizes in the game for Power Play to take effect. The average payout for winning $1,000,000 is only $590,000, which reduces your average tickets value by about $0.04 from what we just calculated before. Whether you've spent hours calculating the perfect set of numbers or plan on leaving it all to the computer, you would probably do anything to get a leg up in this battle for the billion. Power Play always doubles the Match 5 second-tier prize for matching all five white ball numbers. and our See all of the latest information on Powerball winning numbers, past results and how to play. According to the official Powerball site: If you want to calculate your expected value of each Powerball ticket purchased, you need to multiply your odds of winning each prize by the payout of each possible prize, and then add them all together to find out the total worth of each ticket. When you take both taxes and split Jackpots into account, you find that even at its maximum value, a $2 Powerball ticket is really only worth about $0.852, or just 43% of what you paid for it.. If you've added Power Play to your ticket and only match the red Powerball number, Power Play will increase the value of the prize by up to 10X, according to the Power Play number drawn. The only exception is the Match 5 prize of $1 million, which becomes $2 million for Power Play ticket holders, no matter which number is drawn. So, the most you can win with just one Powerball number would be $40 if its a 10X Power Play. Is there a better, more profitable, use for money spent on the lottery? It only applies to secondary prizes, but it can increase them significantly. Each Powerball ticket costs $2, plus you have the option to pay an extra $1 to activate the power play, a multiplier that increases your payout for non-jackpot prizes. This is the second prize in the Powerball jackpot, with roughly 1-in-11 million odds of such an outcome in Powerball. Even if you bought a thousand tickets, your chances wouldn't be greater in any significant way than they would be if you bought just one. Power Play also increases all the other prizes, which can be multiplied by 2, 3, 4, or 5 times the original amount. To give you a sense of how competitive this thing really is, you should know that you have a one in 292.2 million chance of winning the jackpot tonight. March 1 lottery jackpot, worth an estimated $161 million with a cash option of . Imagine the stadium was filled to capacity and everyone inside was entered in a lottery with a single winner. Dont forget to add the multiplier to your ticket to give your game a boost! about $0.05 from the periodic $50,000 payouts. But be careful, because this next step from a mathematical point of view is where they trick you. Yes, a Powerball ticket can include both add-on features for a total price of $4 per play. "U.S. and World Population Clock," Select "Annual Population Estimates: Most Populous: States. Except for small jackpots, the answer is generally yes. But keep in mind that lottery players as a group contribute billions to government receipts they could instead be saving for retirement, or college tuition. Disclaimer Then, pick one "Powerball,"or red ball, number. A 0.1% chance of winning $1999 means that an average ticket is worth $1.999. ", Associated Press. A Minnesota study found 20% of lottery players accounted for 71% of lottery receipts, whilein Pennsylvania 29% of players accounted for 79% of lottery revenue. Life goes on. Each Powerball ticket costs $2, plus you have the option to pay an extra $1 to activate the power play, a multiplier that increases your payout for non-jackpot prizes. Here's what you need to know about how to play Powerball, plus other important info to know about the game: To play Powerball, you first select five white ball numbers. Offers may be subject to change without notice. So can spending an extra buck really make a difference? If you then win a prize on Powerball the Power Play option can boost the size of that prize. Power Play is an option that players can add to their Powerball ticket to multiply the value of non-jackpot prizes. Heres how it works all the secondary prizes are increased according to the drawn Power Play number. In smaller jackpots, the Power Play option can multiply winnings up to 10 times, but due to the enormity of this Powerball, non-jackpot winners can only double it (though I don't hear anyone complaining about a $2 million reward). Powerball is the main lottery game, where 5 balls plus the Powerball are drawn. You're going to face a lot of decisions, and the first one is how to receive the funds. And here in November of 2022, the Powerball jackpot has hit a whopping new record of $2.04 billion, a new record not just in terms of Powerball, but among all lottery games worldwide. Thatswhat you need to make it worth grabbing the Power Play option: a guaranteed 5x multiplier or better. Named M51-ULS-1b, its certainly a curious astronomical event. Sitemap, Edwin Castro is Revealed As $2 Billion Powerball Winner, Record Powerball Winner Set To Be Unveiled at Last, Washington Player Wins Powerballs Fifth-Biggest Jackpot. The cost is an extra $1.00 per play. And, of course, hitting all the numbers the Powerball and all 5 white balls earns you the Grand Prize. ADD SOME MORE SPIKES TO MEDORA/MONEY SECTION COVERAGE. The odds of winning the lottery do not increase by playing frequently. Lottery retailers collect commissions on the tickets they sell and also cash in when they sell a winning ticket, usually in the form of an award or bonus. Sat, Mar 04, 2023. . Ahead of the next Powerball drawing on Saturday, the jackpot continues to climb. Powerball is a multi-state game. Going to get some PowerBall tickets, since the jackpot is at $500M+. and about $0.09 from the periodic $1,000,000 payouts. The X simply means multiply by so if X5 is drawn then your prize (if you win) is multiplied by 5. Your odds of actually winning the Powerball jackpot are pretty slim: one in 292,201,338. You cannot play it on its own. Of the 451 people who won $50,000, 55 chose the Power Play option and doubled their winnings. It also does NOT multiply the Match 5 prize by the Power Play number. Not to be outdone, Mega Millions, a rival lottery game run by a consortium of 11 U.S. states, changed its rules for the third time in 21 years in 2017 to make hitting the jackpot harder. The Power Play number drawn may be 2x, 3x, 4x, 5x or 10x. So the rules aren't . Travel half the distance to your destination, and theres always another half to go. Double Play puts up a jackpot of $10 million every Monday, Wednesday and Saturday. ", Powerball. Tickets that match all five main numbers but don't match the Powerball are still worth $1 million. For every $2 ticket you buy, you can expect to recoup, on average: That means, all told, that the non-jackpot options make each ticket worth only about $0.32, which is a far cry from the $2 you invested. A jackpot is a large amount of money won in a short amount of time. The cash option for Saturday's Powerball drawing is worth an estimated $782.4 million. A separate Power Play number is drawn every Monday, Wednesday, and Saturday night. From there, the fewer numbers you match, the lower the prize money. Let's say, despite the dismal odds, you do win the lottery and win bigseven figures big. To play Power Play you simply mark the option on your playslip. A ticket sold for a $1,500 million (or $1.5 billion) Jackpot, in fact, would only be worth about half as much as a ticket sold for a $500 million Jackpot, because youd most likely have to split the Jackpot, even if you won, with between three and seven other people. It let's us know how much the Jackpot needs to pay out in order for buying a Powerball ticket to be "worth it," mathematically. That means you recoup the $2 paid for your ticket and get another $2 back. Besides that we saw 440,445 total tickets win prizes ranging from $4 to $1 million! Lottery operators have reduced the odds of hitting jackpots over time to ensure they grow larger after a number of drawings without a grand prize winner. Montana joined Idaho in making Power Play a standard feature of the game in July 2022. Because there are a lot of rollover draws for Powerball the jackpot isnt below $150 Million a lot of the time. Understanding options like this and when they are good or bad choices is just one way you can maximize your chances of winning (which is what my Strategy Group is all about). The Power Play can provide 2x, 3x, 4x, 5x or 10x the value of non-jackpot prizes, although the 10x multiplier is only available when the jackpot is worth less than $150 million. Since lottery winnings push many people into the high net worth category, estate taxes may be a factor. They want all of the money right away. You cannot win Power Play, it only increases the size of some Powerball prizes if you paid for that extra option and win on Powerball. On average, the percentage of prize winners who add Power Play is between 20 and 24 percent when the jackpot is $150 million or less. It's played on a board containing two staggered rows of 24 spaces and is designed to be a race toward a goal. The Power Play box has to be checked and the additional fee must be paid when the ticket is submitted in the game. You have to pay taxes on your winnings, and the average Jackpot winner (dependent on your states specific tax laws) who takes the lump sum option only gets to keep about 37.2% of the Grand Prizes value. You can match all five numbers on the white balls (in any order) plus the red ball (Powerball) to win the grand prize. And if you like statistics, it's actually in your favor to buy a powerball ticket with the cash option is over $930M, after taxes you are at a 1:1 with your chance vs how much you're spending. The odds of winning any of Powerball's prizes, which start as low as $4, with a single ticket are 1 in 24.9. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. In fact, Power Play has nothing to do with the jackpot it only boost the value of smaller prizes if you win. And nobody knows why. Here's why lottery prizes have grown so large. 2021 Annual Survey of State Government Finances Tables, New Vintage 2021 Population Estimates Available for the Nation, States and Puerto Rico, Gambling in Texas: 1995 Surveys of Adult and Adolescent Gambling Behavior, Who Plays the Lottery, and Why: Updated Collection of Research, State Lotteries: Regressive Taxes In Disguise. For a full breakdown of the game's nine prize tiers, visit the Powerball prizes and odds page. So while your chances are just as slim if you choose Power Play, if for some astounding reason you win a chunk, then that chunk will get a lot bigger. Power Play is an extra option when you play Powerball. Justin Sullivan/Getty Images News/Getty Images. On Oct. 29, no one walked away as a big winner in the Powerball drawing, driving up the $825 million jackpot to approximately $1 billion. Powerball tickets in Idaho and Montana have Power Play added automatically and there is no option to remove it. People may receive compensation for some links to products and services on this website. You might think, Hey, so long as the Powerball Jackpot is more than $245 million, if my odds of winning are 1-in-292 million, Ill come out ahead of the $1.68 expected value per $2 ticket for winning the Jackpot. But this is wrong for two reasons. "All the tips are very good. (And if not, then it isnt!). The Powerball jackpot climbed to an estimated $754.6 . Note that the larger, less-likely prizes only contribute pennies to the overall value of a ticket. Given that each Powerball ticket costs $2, with an additional $1 possible for selecting the Power Play option, and that the Grand Prize payout depends both on the total jackpot amount and how many co-winners there are. So, you wont be retiring early off your one matching number in Powerball. ", International Olympic Committee. The chance that your Powerball ticket will win you $1 million is 1 in about 11.7 million. Anyone who matches five numbers without the Powerball will see their award doubled from $1 million to $2 million, regardless of which Power Play number is selected. Since August 23, 2021, Power Play is automatically part of any Powerball ticket purchased in the Gem State. Pick one Powerball number between 1 and 26. Taxes not only crush the expected payout from the Grand Prize, but also the second-largest prize as well: the $1,000,000 for hitting all five white numbers without the Powerball. And with a recent winning ticket being worth$754.6 million, that's all themore reasonto want to play. But there's more to Powerball than just the jackpot prizes. There are no comments yet but please do add yours below. . The 10x multiplier is not available when the Powerball jackpot is worth more than $150 million. And heres why. The Power Play was 2X. The prize table below shows the number of winners for each category, from the jackpot down to the payout for matching just 1 number, the Powerball. UPDATE: This post was originally published in January 2016. For an extra dollar, you may choose to"power play,"which multiplies all non-grand prize winnings by a factor of 2, 3, 4, 5or 10. I was hoping someone who plays often would know? How Is the Powerball Lump Sum Calculated? While it does not apply to the jackpot, it can double the $1 million second prize in the game. Idaho and Montana are the only two Powerball jurisdictions to make Power Play a standard feature of a Powerball ticket, rather than an add-on. If a Powerball lottery ticket costs $2, for example, buying a ticket would be above the worth it line if: But buying a ticket would fall below the worth it line if: Notice how small these differences are, but how in the earlier cases, you can expect to win more than you bet, while in the latter cases, you expect to bet more than you win. That is the main advantage of a lump sum: full and complete access to the entirety of the prize, after taxes. How much does each winning possibility pay out? When a state lottery wasintroduced in Texas, the number of adults who gambled increased almost 40%. A single winner, excluding taxes, would fall into the top 2000 worldwide in terms of richest people alive today. Are you looking to play Powerball and (hopefully) win the jackpot? Power Play is a multiplier which is applied to any prizes you win apart from the jackpot. If funds are insufficient to pay set prizes, non-jackpot prizes may be paid on a pari-mutuel basis and could be lower than the amount shown. "Biggest Stadium in the World: Venues in North Korea, India and the US in Top Three - Full List. Will the Double Play drawing be broadcast? The 10X multiplier is only used when the jackpot is less than $150 Million. Divide that number by the 11,746,494 total winning combinations, and you get a 91.9% probability your winning ticket won't return even $5.). Despite Zenos Paradox, you always arrive right on time. 02-09-28-36-53 with a Powerball of 04. For example, the lump sum payout for a $1.025 billion Mega Millions jackpot in July 2022 was $602.5 million. What are your odds of achieving each individual winning combination?
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