Powerball is an American lottery game offered in 44 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
The winning combination is made up by extracting 5 different balls from a drum containing numbers from 1 to 69, and one additional ball from another drum, from 1 to 26. There are 9 prize tiers with fixed prizes, except for the jackpot (5+1), which starts at $40 million and grow by a minimum of $10 million per draw each time the jackpot rolls. Prizes and their pre-determined amounts are the following:
0+1 ...... $4
1+1 ...... $4
2+1 ...... $7
3+0 ...... $7
3+1 ...... $100
4+0 ...... $100
4+1 ...... $50,000
5+0 ...... $1,000,000
5+1 ...... JACKPOT. Minimum: $40M - Maximum: unlimited
The drawings are held every Wednesday and Saturday at 11:59 p.m. Atlantic Standard Time; 10:59 p.m. Eastern Time; [9:59 Central; 8:59 p.m. Mountain; 7:59 p.m. Pacific] in Tallahassee, Florida.
The winning odds for matching 5+0 is 1 in 11,688,053
The winning odds for hitting the jackpot (5+1) is 1 in 292,201,338
Powerball ticket costs $2.