The Powerball is always huge
Powerball jackpots usually start at $20 millions, and although this is certainly a considerable amount, recently they have raised the minimum to $40 millions. So even before the jackpot skyrockets, as is often the case in this mega lottery, the lowest possible jackpot is already the type of prize we would like to win.
There is not always a prize winner every draw, so the jackpot grows each time exceeding 100, 200 And till 300 millions of dollars. I think most of us would agree that even the minimum prize of 40 million dollars would be enough to make us live all our fantasies, but when it comes to lotteries, the bigger the prize, better. So if you're like most people who love big prizes, then definitely this lotus is for you.
Rules of the American Powerball lottery
Powerball Lotto has a Power Play option. It can be additionally purchased by the ticket owner, the cost is +1 dollar to the final ticket price. In case of a win, the option increases the amount of win by 2, 3, 4, or even 5 times. BUT! If you win the jackpot, you cannot use Power Play. The option works exclusively for offline buyers in the USA, online intermediaries do not provide it.
The winning amount is calculated as follows: you got a red ball, or both red and white – you get $ 4; 3 balls of any color – $ 7; 4 balls of any color – $ 100; 4 white balls and 1 red – 10 thousand dollars; 5 white balls – $ 1,000,000.
In some states, the rules of the game of the American lottery may vary slightly. For example, in California, the amount of winnings is determined by the sum of the prize pool and the number of winners based on the results of the draw.
If you win the jackpot, the prize is paid in annual installments for 30 years. You can also request immediately 60% of the cash prize. To receive the prize in cash, you must write a statement within two months after the draw that you are the lucky one, who hit the jackpot, and provide proof – a ticket with the right combination. Any winning amount, $ 2 or $ 1 million, must be received within 180 days from the date of the draw.
A common question: how to win the Powerball lottery? You need to buy a ticket, guess the combination of numbers and follow the draw. The US Powerball lottery draw is held twice a week: on Wednesday and Saturday, at 22:59 North American time in Tallahassee, Florida. In the studio there are two special lottery drums with balls, numbers are written on them. There are 69 white balls in the first lottery drum, and 26 red balls in the second. Balls are randomly selected by the apparatuses: 5 from the first lottery drum and 1 from the second. The last, sixth ball is the Powerball. You get a jackpot if you guessed all 5 white balls and 1 red.
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Get your prize in a single payment or several annual installments
Powerball offers jackpot winners two options to receive their money. You can choose to receive an agreed amount in one fell swoop, or receive an annual payment during 30 years. Each payment is adjusted for inflation, which means that the payment of the first year will continue to maintain its value for the rest of the next 30 years.
Since those payments per year are typically around a million dollars, and the following will be as big or more depending on the rate of inflation, It is undoubtedly a highly recommended option. We talk about being insured for life! However, many winners prefer to receive their prize in one fell swoop, since in this way they can invest it at their convenience or do what best suits them with this.
If you win the prize, you will have to decide which of the two options you prefer, but be sure, this will be the most pleasant decision you will have to make in your life. You will have 60 days to decide, which will give you enough time to get professional advice, as well as to make a lot of plans regarding what you are going to do with all that money.
What is the Power Play?
Power Play is an option that is currently offered in all states that sell Powerball tickets except California. For an extra $1.00 per ticket you can increase your non-jackpot prize winnings by 2, 3, 4, 5, or 10 times. (The 10 times Power Play is only available when the jackpot is $150 million or less.) The Power Play number is randomly drawn from a pool of multipliers that includes two 5Xs, three 4Xs, 13 3Xs, and 24 2Xs, plus one 10X when the jackpot is $150 million or less.
Power Play is not available in California because of state law that requires all lottery prizes to be paid out on a pari-mutuel basis.
The Power Play multiplier number is chosen at random just before the Powerball winning numbers are drawn.
A player must choose the Power Play option when they buy their Powerball ticket, and then the ticket must match one of the 9 Ways to Win (except the jackpot) before the multiplier takes effect. Power Play costs an extra $1 per play. See How to Play Powerball for more information.
Is it legal to play the lottery over the Internet?
The state lotteries and MUSL (the organization that runs Powerball) are all very firm in their assertion that playing the lottery in any manner over the Internet is illegal. We are not lawyers and can’t provide legal advice, but we are not so sure about their position. Their absolute certainty that it is illegal may have more to do with not wanting to lose control of the player interaction, and less to do with a firm legal footing.
When we assess the legality, we look at what has actually happened in court cases. There have been people in the past who purchased a lottery ticket from an Internet Web site, subsequently won the jackpot, and the lottery attempted to block them from receiving the jackpot. In each case, the winners took the lottery to court and won. They received their jackpot as if they walked into a store and purchased a ticket.
You must keep in mind that any type of Internet-based lottery service is not risk-free. From a legal standpoint, the services are dealing in loopholes in the current law, and the US Congress has taken steps to make those loopholes tighter, particularly in trying to prevent banks and credit cards from allowing Internet payments for lottery services. But there is a much bigger threat when you use an Internet lottery service: getting ripped off.
By not making a purchase in a store, you may be doing something worse than throwing your money away: you may be helping to keep a scam operation running. Stay away from anything referring to a “syndicate”. We are not aware of any site using that terminology that is not a scam. Also beware of sites that state “Insured by ___” at the bottom. It is like saying “We don’t really buy lottery tickets, but trust us, you’ll get paid if you win.” Have you ever heard of an insurance company paying out a $200 million Powerball jackpot? We haven’t.
We do allow some advertising on USA Mega for lottery services. We recommend that USA residents stay away from such services, and make your purchases in a store. The ads are directed at non-USA residents, who may not have the online lottery restrictions that exist in the USA.
RedFoxLotto Brings the Excitement of the Powerball Lotto To Your Home
No longer do you have to live in one of the states in the United States where this great lottery is offered. RedFoxLotto has now brought the Powerball Lotto and all of the other great lotteries of the world right to your computer. You can now buy as many tickets as you like to this and all of the other big lotteries from around the world online.
RedFoxLotto takes care of you every step of the way, where all you have to do is set up a free account, make your selections, choose one of their numerous convenient payment options, and they do all the rest.
RedFoxLotto really has brought lottery playing into the 21st century, and this is the biggest thing that has happened to lotteries since tickets first went on sale. If you’re not taking advantage of this service, you are really missing out on all of the great lottery action that is out there waiting for you.
So there’s no reason to wait any longer to get in whatever lottery you choose, anytime, anywhere. Click here to visit RedFoxLotto and get started playing Powerball and other great lotteries right now!
Rules for Playing Online Lottery
Following the rules when playing lotteries online is very important, as any violation of terms and conditions could result in you not getting your earnings and your account being terminated. While some websites have rules specific to them, here are some of the general ones that all websites follow:
- You must be 18 years old or higher, unless you live in jurisdictions where the legal age for gambling is 21 (e.g. Estonia).
- You must ensure that participating in online lotteries is not illegal in your jurisdiction.
- Your jurisdiction must not be in the designated lottery’s list of prohibited jurisdictions.
- You must not be blacklisted by relevant financial organizations.
- Each person must only have one account. Lottery websites prohibit the use of duplicate accounts and account sharing.
- All information given during sign-up should be accurate and true. Winners have to undergo an identity verification check and if the company finds out that the information you provided during sign up was fraudulent, your winnings will be considered null and void.
- For security purposes, employees cannot participate in lottery activities of their own website. For example, employees of theLotter may participate in other lotteries, just not lotteries held by theLotter.
Why is the cash option different than the advertised jackpot?
The Powerball jackpot is an estimated 29-year annuity value, with a total 30 payments (the first payment happens right away, followed by 29 annual payments). When players choose
the annuity option for their prize, the state lottery pays the prize out over 29 years (30 payments) by
buying U.S. Government Treasury Securities, which earn interest and mature annually over
the 29 years. That annual return is the amount the winners receive each year for the
29 year period. With the cash option, the state lottery will take the amount of
money that would have been invested and will pay it directly to the winner in one
payment. Both payment options have federal and applicable state taxes deducted
from them, although with an annuity option you pay taxes gradually on each annual payout, not all at once like with the cash option.
Are lottery prizes taxable?
Lottery winnings of $600.01 and over are subject to Federal Withholding tax. For
winnings of $600.01, up to and including $5,000, you will be issued a W-2G form
to report your winnings on your federal income tax form. For winnings of
$5,000.01 and over, your state’s Department of Revenue removes the 24 percent federal
withholding before you receive your winnings check (or, if it is
an annuity, from each winnings check). You then receive a W-2G form with each
check to submit with your 1040 form to show that the 24 percent federal
withholding already has been paid. In addition to federal tax, your state will
make additional withholdings for taxes, and most states will deduct other money that
you may owe to the state, such as back taxes, child support, loan payments, etc.
In addition, like the federal tax withholding, the state tax withholding at the time
of prize payout may not be the total state tax owed at the end of the year.
You must consult your state division of taxation for more information about the total
state tax requirements for lottery winners.
The state tax withholdings are as follows:
| Arizona | 4.8% state withholding (Arizona residents), 6% state withholding (non-Arizona residents) |
| Arkansas | 6.6% state withholding |
| California | No state tax on lottery prizes |
| Colorado | 4.63% state withholding |
| Connecticut | 6.99% state withholding |
| Delaware | 6.6% state withholding |
| Florida | No state tax on lottery prizes |
| Georgia | 5.75% state withholding |
| Idaho | 6.925% state withholding |
| Illinois | 4.95% state withholding |
| Indiana | 3.23% state withholding |
| Iowa | 5% state withholding |
| Kansas | 5.7% state withholding |
| Kentucky | 5% state withholding |
| Louisiana | 6% state withholding |
| Maine | 7.15% state withholding |
| Maryland | 8.95% state withholding (Maryland residents), 8% state withholding (non-Maryland residents) |
| Massachusetts | 5% state withholding |
| Michigan | 4.25% state withholding |
| Minnesota | 7.25% state withholding |
| Mississippi | 5% state withholding |
| Missouri | 4% state withholding |
| Montana | 6.9% state withholding |
| Nebraska | 5% state withholding |
| New Hampshire | No state tax on lottery prizes |
| New Jersey | 8% state withholding |
| New Mexico | 4.9% state withholding |
| New York | 8.82% state withholding, plus: 3.876% (NYC residents), 1.323% (Yonkers residents) |
| North Carolina | 5.25% state withholding |
| North Dakota | 2.9% state withholding |
| Ohio | 4.797% state withholding |
| Oklahoma | 5% state withholding |
| Oregon | 8% state withholding |
| Pennsylvania | 3.07% state withholding |
| Puerto Rico | No state tax on lottery prizes |
| Rhode Island | 5.99% state withholding |
| South Carolina | 7% state withholding |
| South Dakota | No state tax on lottery prizes |
| Tennessee | No state tax on lottery prizes |
| Texas | No state tax on lottery prizes |
| U.S. Virgin Islands | † Unknown State Tax Rate |
| Vermont | 6% state withholding |
| Virginia | 4% state withholding |
| Washington | No state tax on lottery prizes |
| Washington, D.C. | 8.95% state withholding |
| West Virginia | 6.5% state withholding |
| Wisconsin | 7.65% state withholding |
| Wyoming | No state tax on lottery prizes |
† This state/jurisdiction has not responded to our requests for this information.
Lottery Betting
Another way to participate in lotteries online is to bet on their outcome instead of actually taking part in official draws. Online lottery betting websites allow users to predict the outcome of official draws and if their numbers coincide with the winners of the actual draw, they get to take home the same cash value as the actual winners of the lottery.
Lottery betting online is quite controversial, as some people see it as a “fake” lottery. While there are some lottery scams here and there, reputable sites like Lottoland do give players the same experience as if it’s an actual draw. The odds are the same, the jackpot is the same, and the company is insured in the event of a grand prize winner. Some people actually prefer lottery betting websites compared to actual lottery draws because as mentioned above, some official draws are strict about players outside their jurisdiction. Since you’re dealing with the lottery betting company itself, not the actual lottery organization, you are not limited by jurisdictional issues.
How To Play Powerball And The Prizes Offered
To play the Powerball Lottery, players first select 5 numbers from among 59 white balls and then select one red Powerball from among 35 balls. You can select your own numbers or have the computer pick them for you. If you match at least 3 out of the 5 white balls or match the red Powerball, you win a prize.Matching the Powerball alone, or matching one number plus the Powerball, wins you $4. 2 numbers plus the Powerball or 3 numbers with no Powerball wins you $7. 3 numbers plus the Powerball or 4 numbers without the Powerball gets you $100. 4 numbers plus the Powerball is worth $10,000. 5 numbers and no Powerball is worth a cool $1,000,000. If you get all 5 numbers plus the Powerball, you have hit the jackpot!
The Game
To begin your bet, you need to initially select five numbers between 1 to 59 for creating your set. Mark the numbers you select. Then, you require also to select a number which is separate, from 1-39; this will be your number for power ball. You should mark a number which is different, not from the numbers which make up your set of five.
You will be a major winner in the game once each of your set’s five numbers emerges in the course of the draw. And, you will be a winner of the jackpot prize if each of your set’s numbers is drawn out and in addition, your power ball’s number is wheeled out also. However, if you were not a winner of the jackpot or at least made a score of a perfect five, there will be other prizes waiting for you if just three or four numbers from the set you had were wheeled out in the course of USA Powerball draw.
The chances of being a winner in this lottery are very slim, compared to when lotto game is played especially in your state. The reduced chances of winning is mostly because a huge number of people are betting and possibilities of losing rises since the specific range from where you are going to select the five numbers to create your set is becoming widespread. This means, it is more likely for you to lose in a lotto game of 5/59, compared to a game of 5/39.
Strategies for Winning
Since there is a chance you will not be a winner in USA Powerball lotto game, you should lay your strategies prior to the draw; this is inclusive of meticulously selecting the numbers to create your set as well as your power ball.
The most ideal guideline for you to make preparations for future games is by selecting numbers at random, from the ‘low section’ and ‘high section.’ You can carry this out by splitting the set which has 59 numbers in two sections. The low section comprises numbers ranging from 1-29 while the high section comprises of numbers ranging from 30-59.
You can choose three numbers from the low section and two numbers from the high section or vice versa. Avoid selecting five consecutive numbers or playing by multiples of for example, 3s, 5s, etc.
Conclusion
It is possible to be a happy winner in USA Powerball. You simply require planning your method and applying some guidelines for winning from some dependable lotto systems to raise your odds of hitting the jackpot.
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Latest News about the US Powerball
Starting from April 8, 2020, some temporary measures were put in place by the US Powerball as to continue offering its regular draws, and most importantly to be able to continue sustaining good causes. Therefore, there are no more minimum jackpot nor a minimum amount for the rollovers. The rollovers are now influenced by game sales and interest rates.
The last Jackpot to date was scooped by a player from New York who matched the winning numbers 10-17-31-51-53 and the
Powerball 01 for the draw on September 16. This win amounted to $94 Million! Before that, a
beautiful $169 Million jackpot was scooped on August 12, by a lucky player from Florida who matched the 5 main numbers 02-06-18-36-37 and the Powerball 21.
The Powerball lottery made a good number of millionaires in 2019, delivering some jaw-dropping jackpots. The last one, worth $150 million, was scooped on November 2, 2019 by a lucky ticket holder from California. Before that, on September 21, 2019, Phillip Chippewa, a 54-year-old grandfather from Michigan, came forward to claim a $80 million jackpot. David Yax of North Evans was the sole winner of another $80 million jackpot Powerball displayed on the draw of September 4, 2019.
Play US Powerball Online
After gaining knowledge on how to correctly play the game, you can always attain happy USA Powerball lotto winnings. It requires great resilience and a strong force of mind to truly obtain the set of numbers for winning.
Practicing to bet is an option, so as to become acquainted with the game’s regulations and to enable you to manage to track the magic of fortune in each draw.And so that you can hit the top prize, you need to get yourself ready today, to gain knowledge on some effective strategies to make each practice ideal. In the US, USA Powerball is among the most patronized lotteries. In case you reside in Oregon, Colorado, North Carolina, Rhode Island, Pennsylvania or Tennessee, this game will be familiar to you and the way it is played.
However, if you are betting for the first time on USA Powerball, you need to initially attempt to check the regulations of the game, prior to placing your bets. Becoming familiar with the game will assist you to bet on improved winning chances.
How Much Did a Powerball Ticket Cost in the Past?
The price of Powerball tickets has slightly increased over the years, but the jackpot has also increased by millions. Before 2012, the price of a single Powerball line was $1, and the Powerplay option was not yet introduced. Currently, each line costs $2 and the Powerplay multiplier adds another $1 per line.
This price modification was designed to avoid confusion between the US Powerball vs the US Mega Millions, its direct competitor.
Share Your Opinion!
What do you think about the cost of a Powerball ticket? Is it an affordable option or do you wish it could be lower? Have you played this lottery with our discounts and offers?
Let us know what you think in the comments section below and don’t miss our US Powerball guide! We love to hear our users’ stories and personal experiences. Good luck in your next draw!
Buying Official Lottery Tickets Online
So where do you buy lottery tickets for official draws? Well, the first place is of course, the website of the lottery itself. This is a good option for people who live in the jurisdiction where the lottery is held. For example, US Citizens can purchase the Powerball and MegaMillions lottery tickets through the official websites. However, how about people who don’t live in said jurisdiction. For example, how can someone from Australia participate in the US Powerball?
Today, we also have online lottery services that cater to people who want to take part in lotteries not available in their jurisdiction. You need to go to their website, pick the lottery you want, choose your numbers, and pay for your tickets. Once that’s done, a local representative will purchase the tickets on your behalf. You will be sent a copy of your ticket to prove that the purchase was made. Now all that’s left to do is wait for the draw to see if you’ve won!
Participating in official lotteries outside your jurisdiction is still a difficult matter. Even if the lottery website is legitimate, some lottery organizations like the Powerball still reserve the right to refuse winners who are outside their jurisdiction.
