Powerball is a fan favorite game in the lottery industry. With very high jackpots, Powerball attracts many players every draw from its participating jurisdictions. As each draw passes without a jackpot winner, the prize fund gets larger and larger. Once a lucky individual wins the jackpot amount, the prize fund resets to $20,000,000. There are 9 different ways to win Powerball, meaning you still have a chance when the first number called does not match your numbers! You may ask yourself: What can you win on Powerball matching one number or two?
What Can You Win on Powerball Matching One Number
How To Play Powerball
First, you will pick five numbers ranging from 1-69. These five numbers correspond to the white balls. Then you will pick one number ranging from 1-26. This is called the red Powerball. You have the option to choose your numbers yourself or opt for a quick pick. A quick pick is when the numbers are randomly chosen for you.
When Are Powerball Draws?
Powerball takes place every Monday, Wednesday and Saturday at 09:00 p.m. MT. The deadline to buy your tickets varies state to state, so it is always a safe option to plan ahead. For example, the mobile application TuLotero has a deadline of 7:00pm in Colorado.
What Can You Win on Powerball Matching One Number or Two?
Don’t forget that there is still a possibility to win Powerball even if it is not the big Jackpot. With 9 different winning combinations, double check your ticket to find out if you hit one of the below combinations. Check also to see your lucky odds!
What Happens If I Win?
Jackpot winners have the option between a lump-sum payment or receiving the money as an annuity. The annuity would be paid out in 30 graduated payments over 29 years. Taxes are taken out before the winner receives it in both options. With the annuity options, the winner must pay taxes each year a new payment is received. Whereas, if the winner chooses the lump-sum payment, it is only taxed once. Winners are also required to pay state taxes in the state they bought the lottery ticket if it applies.
Playing Powerball On TuLotero
TuLotero is your mobile application that allows you to play Powerball, or any of your favorite games, anywhere, anytime. No more hassles of going to the grocery store or gas station. It takes 30 seconds and we take care of all the hard stuff for you. With TuLotero, you never run the risk of losing your lottery tickets.
Find out how easy it is for yourself!