is powerball powerplay worth it

by on April 8, 2023

Is there a better, more profitable, use for money spent on the lottery? POWERBALL Win millions or even billions. Since lottery tickets are purchased anonymously, some jackpot winners have placed their winning tickets in blind trusts to protect their privacy. It might be a waste of your precious dollar. It only applies to secondary prizes, but it can increase them significantly. This compensation may impact how and where listings appear. Powerball drawings occur every Monday, Wednesday, and Saturday at 10:59 p.m. 3. All you have to do is tick the box in the play grid and you are in for a boost on your prizes. At best, you're going to multiply your $7 winnings to $70, and those odds are really slim as well. If they were giving away a new home to just one person in the six most populous states in the United States, the likelihood of winning would be more than twice as high as for the top Powerball prize. How to play the Powerball The Powerball costs $2 per play. 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. That makes it more likely it will carry over to the next drawing, increasing the stakes and public interest. The Powerball will be drawn at 10:59 p.m. EST. But once more than about 200 million tickets are sold, which happens at greater Jackpot levels, the less valuable each ticket becomes! The Power Play multiplier does not apply to the Powerball jackpot. 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. 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. The winning numbers for Wednesday night's drawing are 2, 9, 28, 36, 53, and the Powerball is 4. Double Play is a separate draw held after the Powerball draw every Monday, Wednesday, and Saturday night. The table below shows the chances of each multiplier being drawn. 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. Despite the frequently recounted tales of lottery winners who squandered their fortune, most end up richer and no less happy for it. "Frequently Asked Questions. But don't let that certainty cloud your judgment. 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. The table below demonstrates how much you could win if your prize is multiplied: The 10x Power Play multiplier is available when the Powerball jackpot is worth $150 million or less. Powerball drawings are broadcast live each week on Monday, Wednesday and Saturday. But the evidence is far too weak to conclude planet., Just because somethings unlikely doesnt mean that anythings wrong. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Offers may be subject to change without notice. The largest lottery jackpot in U.S. history, for a Powerball drawing in January 2016. This turns a ticket that cost $10 into a $15 ticket. This is randomly drawn by the lottery company just like the main lottery numbers. From there, the fewer numbers you match, the lower the prize money. 37% that only one person wins the Jackpot. You'd better be if you play the lottery. It is not endorsed by or affiliated with any state, multi-state or national lottery provider. She has conducted in-depth research on social and economic issues and has also revised and edited educational materials for the Greater Richmond area. A 0.1% chance of winning $1999 means that an average ticket is worth $1.999. A gambling loss is a loss resulting from risking money or other stakes on games of chance or wagering events with uncertain outcomes. Power Play only does anything if you win something. To begin, each player chooses a color and places their four pawns in their corner. Get counterintuitive, surprising, and impactful stories delivered to your inbox every Thursday. The Powerball drawing is broadcast live at 10:59 p.m. So if the multiplier is 2X and you match 3 main numbers then you win $14 instead of $7. Most lottery winners opt for a lump sum payment. And nobody knows why. Go to the Prizes page to see all the payouts you can get from opting in to Power Play. and about $0.09 from the periodic $1,000,000 payouts. After all, you can't give away, squander, or otherwise mishandle what you don't have. Another record-breaking jackpot record? ", The Washington Post. "What Percentage of Lottery Winnings Would be Withheld in Your State? This chart will show you how much you will win with different winning number combinations. The odds of winning something were lower and those of claiming at least a share of the Powerball jackpot significantly better before the Multi-State Lottery Association, which runs the game on behalf of 38 U.S. states and territories, changed the rules in 2015, increasing the number of white balls from 59 to 69 while lowering the number of Powerballs from 35 to 26. One thing the lottery's site fails to mention is that if you do win a Powerball prize, the odds it will be the minimum $4 prize are excellent, at more than 9 in 10. 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. Step 3: Pick 6 Numbers from 2 Pools. Want to increase your Powerball prizes 2, 3, 4, 5, or even 10 times? If you match every number, you win the jackpot. "Publication 559, Survivors, Executors, and Administrators," Page 13. ", JSTOR. A curious headline appeared on the homepage of the Mega Millions lottery game in 2011. "Gambling in Texas: 1995 Surveys of Adult and Adolescent Gambling Behavior," Page 24. "Preventable Deaths: Odds of Dying. With odds of 1:24.8671 of winning any prize and the expected prize is most likely $100 or less, if you're playing to win something,. The Powerball top prize starts at $20 million, then rolls over and increases with each draw until someone wins it. Your odds of actually winning the Powerball jackpot are pretty slim: one in 292,201,338. The value of a Powerball ticket, if only measured in the likelihood of winning something, the big jackpot or a lesser prize, is negative. Landing the bucks:Seven things more likely to happen than winning the Powerball or Mega Millions lottery. The chances of winning the lottery are exceedingly low, but that doesn't stop people from playing. If youve dreamed of becoming an instant multi-millionaire, nows your opportunity as Powerball currently has a billion-dollar jackpot (worth about $497 million in cash). The Power Play was 3X. Most lotteries offer such winners a choice between a lump sum payout and anannuity. Power Play is a multiplier which is applied to any prizes you win apart from the jackpot. 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. document.getElementById("comment").setAttribute( "id", "ae7cb7ab6d168e4b230c984eed6b2336" );document.getElementById("de387d73e7").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. 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. If the 10x multiplier is selected, it is therefore possible to win in the third prize tier and still get $500,000. The multiplier is optional and it comes at an additional fee of $1.00 per ticket. The odds of a. Let's say, despite the dismal odds, you do win the lottery and win bigseven figures big. 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. "Home Page," Select "View prizes and odds chart. theLotter makes it very easy for you. 2:16. The multiplier can be 2, 3, 4, 5, or 10. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. about $0.02 from the periodic $7 payouts. Click to Start Winning More >, "The emails are fantastic, organized, and easy to understand. You cannot win Power Play itself. No, you do not need the Power Play number to win the first prize. When a state lottery wasintroduced in Texas, the number of adults who gambled increased almost 40%. Notify me of followup comments by email, P.S. In our quest to understand the Universe, theoretical physics is perhaps the most powerful tool we have as far as making []. Double Play puts up a jackpot of $10 million every Monday, Wednesday and Saturday. "Anonymous Lottery States 2022. Copyright 2023 Market Realist. Four pairs of . See also: How Is the Powerball Lump Sum Calculated? It cost you $1 extra per play, and can boost the value of what you win. National Weather Service. For the Power Play draw itself 2X is included 24 times, 3X is included 13 times, 4X is included 3 times and 5X is only included once. The minimum Jackpot is $20 million. ", The Washington Post. 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). Using the winning probabilities the lottery provides, there are 11,746,494 possible prize-winning combinations, including 7,623,532 matching the Powerball but none of the five white balls and 3,176,229 matching the Powerball and one of the white balls, all of which pay $4. My wife asked how someone plays Keno. The majority of players do not add the Power Play option to their ticket. Anti-gambling groups cried foul at this apparent attempt to spin playing the lottery as a retirement plan; lottery officials said the promotional campaign was encouraging players to dream about how they would use their winningsnot offering afinancial strategy. 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. 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. The cost is an extra $1.00 per play. Privacy Powerplaying, or using excessive force or control to manipulate a roleplaying scenario, is a behavior often seen in online roleplaying games. Powerball. A 49% chance of winning $4 means that an average ticket is worth $1.98. Oosouji or big cleaning is much more than a chance to tidy up. Note that the larger, less-likely prizes only contribute pennies to the overall value of a ticket. Considering this rule, the best time to add Power Play to your ticket is before the jackpot has exceeded $150 million. Why? 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. Check the current Powerball jackpot for the next draw. What it really comes down to is how willing you are to part with that extra dollar. No, Power Play does not apply to the jackpot prize. Imagine the stadium was filled to capacity and everyone inside was entered in a lottery with a single winner. Will the Double Play drawing be broadcast? These seven numbers will appear in numerical order on your ticket, but the draw will likely NOT be in . "Powerball Odds. Keep in mind that lottery game prizes account for only 50% of ticket receipts, like the Powerball. There are nine routes to winning in Powerball. You cannot play it on its own. In order to use Power Play, you will need to add it to your ticket at the time of purchase. But dont jump up and down yet its a $4 prize. 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. At top, the Powerball ticket sales projections dependent on the size of the Jackpot; over half a billion tickets are expected for each Jackpot over $1 billion. For some, that's true. So these are the odds if the 10X multiplier is in use:-, If the 10X multiplier is NOT being used (because the jackpot is larger than $150 Million) then these are the odds:-. 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. No matter which game you play, you have some pretty long odds. 1 matching number + the Powerball number: $4. Spending $5 per week on lottery tickets adds up to $260 per year. How Much Can Power Play Increase Powerball Prizes? What Is a Lump Sum Payment, and How Does It Work? Privacy Policy. {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. ", U.S. Census. This is only an average, of course, but it comes out that way because: On the other hand, for the latter examples the ones that fall below the worth it line the translation from probability to ticket worth works out as follows: Mathematicians call this ratio of how-much-you-win vs. how-much-you-bet theexpected value(or expectation value) of a problem. The 10x Power Play multiplier is only available when the advertised jackpot is $150 million or less, as an added incentive to take part when the top prize is on the relatively low side. The jackpot continued to grow ever since it was last won on Nov. 19. 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. Step 4: Multi-draw option For your convenience, tickets can be purchased for up to twenty-four (24) consecutive drawings, including the current drawing, by choosing "Multi-Draw" ($2 per play per drawing, or if Power Play is selected, $3 per play . 3 matching numbers . ", U.S. Census Bureau. The 5 Best Thermometers For Candle Making, I Never Feel Older Than When I Try To Make A TikTok, What Is Tarek El Moussa's Net Worth? Reddit and its partners use cookies and similar technologies to provide you with a better experience. A lump-sum payment is a large sum that is paid in one single payment instead of installments. If your ticket costs $2, but is worth more than $2, its mathematically advantageous to play, and to purchase it. The odds of winning any of Powerball's prizes, which start as low as $4, with a single ticket are 1 in 24.9. Given that your ticket costs $2, and the rest of your ticket is worth $0.32, it would make sense that as long as the expected value is $1.68 or higher from the Powerball Grand Prize, youll come out ahead, and should play. But the math truly shows otherwise. With the Power Play option, if you win the second prize of $1 million, you can win $2 million. Power Play is a multiplier which is applied to any prizes you win apart from the jackpot. 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. The second prize worth $1 million can only be doubled with Power Play, but the following prize tiers will be increased according to the drawn multiplier. The odds of winning the jackpot are currently 1 in 292,201,338. In order to win, you need to match five normal lottery numberswhite balls numbered 1-through-69plus the Powerball: a red ball numbered 1-through-26. Power Play $2 Million Winners None Match 5 $1 Million Winners FL, OR, TX Next drawing February 27, 2023 Estimated Jackpot $131 Million Cash Value: $66.9 Million Powerball Draw Date March 1, 2023 Jackpot Winners None Match 5 + Power Play $2 Million Winners None Match 5 $1 Million Winners FL, OR, TX Next drawing February 27, 2023 Estimated Jackpot You still have to win one of the secondary prizes in the game for Power Play to take effect. How To Play Powerball Your mission is simple. According to NBC News, that is comparable to flipping a quarter and getting heads 28 times in a row. Becky Bell, of Auburn . When you play Powerball online it is very easy to add the Power Play feature to your ticket. Where else can you "invest" $1 or $2 for the opportunity to win hundreds of millions of dollars? Internal Revenue Service. Japans waste not, want not philosophy, from meditation to Marie Kondo. . It gives us the information we need to figure out how much the Power Play option is actually worth. (And if not, then it isnt!). 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. The Power Play number 10 is only available in the game when the jackpot is lower than $150 million. The lump sum is a single payment of the prize won, after taxes, while the annuity spreads payments over 20 or 30 years. Double Play is an option that players in select jurisdictions can add to their Powerball ticket for the chance to win cash prizes of up to $10 million. Answer (1 of 5): For an additional $1 perplay, adding the Power Play feature to your Powerball ticket can multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times! The Power Play was 2X. has no effect on the Jackpot/Grand Prize, alwaysdoublesthe payout of the second-most-lucrative prize, and. For a full breakdown of the game's nine prize tiers, visit the Powerball prizes and odds page. But what are your actual chances of winning? And thats why I say dont do Power Play. To put this in perspective, youhavea: Most people would agreethe likelihood they will suffer any of these misfortunes is pretty miniscule. It then automatically applies to all plays on that ticket. Power Play does not apply to the jackpot. As of Aug. 23, 2017, the new Powerball jackpot has hit $700 million (and if there are no winners, it'll go to $1 billion). Power Play is an extra option when you play Powerball. Our state has Keno machines. and 29% that two or more people win, and split, the Jackpot. Justin Sullivan/Getty Images News/Getty Images. The 10x multiplier is not available when the Powerball jackpot is worth more than $150 million. Choose your numbers and check the payouts straight after the next drawing to see how much you have won. 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. 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's played on a board containing two staggered rows of 24 spaces and is designed to be a race toward a goal. The fact that the second-biggest-payout is only doubled, no matter what the Power Play multiplier happens to be, makes this a raw deal any way you slice it. Based on the last year, the 10X multiplier hasnt even been included (so cannot be drawn) for 53% of Powerball draws. But its the notion that There will be one winner, and that winner will be me thats truly erroneous. 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. $0.85 of your ticket goes toward a fair lottery; the remaining $1.15 is simply your donation to whatever programs the Powerball lottery supports! If you are playing 5 plays, then it will cost you $15 instead of $10. "U.S. and World Population Clock," Select "Annual Population Estimates: Most Populous: States. Warren Buffetts March Madness Bracket Challenge: What Are the Odds? This number is selected at random and will be either 2, 3, 4, 5 or 10. Let's look at it another way. An annuity minimizes such hazards. However, if you choose the annuity option, the payments would be spread out over several decades, and so would the resulting tax bill. The Match 5 prize is boosted from $1 Million to $2 Million if you have the Power Play option, but never more than that. Market Realist is a registered trademark. Material Copyright 2023 Lottery.net. The 10x multiplier may only be drawn when the top prize is below $150 million. A seven-figure windfall is a life-changing event, and not always in a good way. Power Play always doubles the Match 5 second-tier prize for matching all five white ball numbers. If you match two white balls and the red Powerball, then you'll win $7. Henry K., 29 September 2021. Already at heights never seen before, Monday's jackpot will be an estimated $1.9 billion with a cash option of $929.1 million, according to the. These add-on options are great for lottery company profits, but they are rarely good for us players. Where does that lottery prize money come from?. If you're lucky enough to win any prize below the jackpot, Power Play will multiply your win. 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. Who doesnt? And heres why. The Power Play multiplier is the amount by which your prize will be multiplied, if you chose to pay for that extra option when you bought your ticket. The total jackpot could . The rules ofprobabilitydictate you do not increase your lottery odds by playing more frequently, nor by betting larger amounts on each drawing. Powerplay is a relatively simple board game for 2-4 players that can be enjoyed by people of all ages. *Florida Winners. This also assumes that your winning ticket will be the only winning ticket, but the more people who play, the greater the odds that there will be multiple Grand Prize winners who have to split the prize. If your ticket says your have Power Play this means you checked the option to add this on to your regular Powerball plays. She also . The Power Play multiplier for the $1,000,000 prize will never be greater than 2X. A lottery is a low-odds game of chance or process in which winners are decided by a random drawing. If you match at least one number to the Powerball drawing, you do win a prize, though . 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. And thats correct, mathematically speaking! So, you wont be retiring early off your one matching number in Powerball. As of Friday morning, it's currently worth an estimated $800 million with a cash value of $383.7 million, and. 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. and our In some states, Powerball will convert annuities to lump sum payouts after the winner's death to help manage the resulting tax obligations. If you want to find out how, take a look at our guide to Power Play! Saturday night's 03/04/23 Powerball jackpot is worth $161 million, with a cash-value option worth $82.2 million. To hit the jackpot, you must match all six numbers drawn: the five white balls plus the red Powerball. Since your chances of winning $100 or $50,000 are so slim, Power Play doesn't make Powerball worth it, either. So can spending an extra buck really make a difference? Add Power Play (optional) To multiply your non-jackpot prizes up to 10 times, mark Power Play for an extra $1 per play, per drawing. After the Powerball draw soared to a billion-dollar jackpot in November 2022,. "Publication 939, General Rule for Pensions and Annuities," Page 4. Only eleven states allow winners to remain anonymous. According to Powerball, the odds of winning any prize is always 1 in 24.9, whether the grand prize is $40 million or $1 billion. The jackpot doesnt count, the Match 5 is only ever doubled. The 2x multiplier is most likely to be selected, followed by the 3x, 4x, 5x and, when available, the 10x. winning ticket being worth$754.6 million. Which is the most important thing. "2021 Annual Survey of State Government Finances Tables," Download "Income and Apportionment of State-Administered Lottery Funds: 2021 [<1.0 MB]. This means that it can increase the prizes in the game for those who add it to their ticket. ET. 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). It seems like everyone has their own ideas of how they're going to win the Powerball. The Powerball jackpot climbed to an estimated $754.6 million Monday marking the fifth largest jackpot in Powerball history and ninth largest U.S. lottery prize ever, officials said.. All other prizes are set payouts. No. Investopedia contributors come from a range of backgrounds, and over 24 years there have been thousands of expert writers and editors who have contributed. Windfall tax is a tax levied by governments against certain industries when economic conditions allow those industries to experience above-average profits. All told, when you take bothtaxesandsplit Jackpotsinto 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. "Mega Millions Odds. So let's try a more cautious estimate. 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. The 10x Power Play is only available when the Powerball jackpot is lower than $150 million. Power Play 2x means that all the secondary prizes can be increased by 2. You can learn more about the standards we follow in producing accurate, unbiased content in our. The Power Play was 2X. It is not possible to remove Power Play from your ticket. The winning Powerball numbers for Wednesday, March 1, 2023 drawing are in. By subscribing to this BDG newsletter, you agree to our. The odds of achieving every possible outcome with a Powerball ticket as each and every relevant number is drawn. Assume you went to the largest stadium in the worldwhich happens to be in North Korea. Minimum payout is $4 if you match one white ball with Power ball or match only Power ball. $1 per play DOUBLE PLAY Play your numbers again for a chance Each Powerball ticket is $2.00. 2023 BDG Media, Inc. All rights reserved. A Priori Probability Definition, Formula, Example. That is, $1 extra for each combination on your playslip. This multiplies winnings by 2, 3, 4, 5, or 10. Powerball is the main lottery game, where 5 balls plus the Powerball are drawn. Small wonder critics say lottery games are a disguised tax on those least able to afford it. It does nothing to improve your chances of winning Powerball in the first place. So what? 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. That means you recoup the $2 paid for your ticket and get another $2 back. Copyright 2007-2023 & BIG THINK, BIG THINK PLUS, SMARTER FASTER trademarks owned by Freethink Media, Inc. All rights reserved. If the winner opts for a lump sum, it can usually be inherited tax-free since inheritances are rarely taxed. Here's why lottery prizes have grown so large. The multiplier is optional and it comes at an additional fee of $1.00 per ticket. For more information, please see our Your one matching numbers prize can multiply depending on the Power Play. For othersoften those with the least amount of money to spareplaying for these jackpots can become a real budget drain. The winning numbers are displayed first, followed by the Double Play results. 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. 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. That leaves the remaining 4.02% of the time as the only chances you have to actually win something. Whether you win a couple bucks or take home the top prize, the lottery can be an enticing game. These prizes vary tremendously in both your odds of achieving them and also in how much they pay out, assuming you do win them. Power Play is an extra option when you play Powerball. First Five: 11-24-58-66-67. The $1,000,000 prize becomes $2,000,000 with Power Play. ", Durango Bill's Applied Mathematics. If you added Power Play and your prize is $50,000 and the Power Play multiplier drawn was 5X, you win $250,000 ($50,000 X 5). 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. 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. You may be in a better income tax position if you receive the proceeds as an annuity rather than up front. See all of the latest information on Powerball winning numbers, past results and how to play. It costs $1 extra for each play and applies to all plays (or combinations) on your playslip.

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