how much is the current powerball jackpot

In either case, while billions of dollars (as in the case of the most recent winning $1.765 billion jackpot) is a bunch of money and $774.1 million (the cash value of that jackpot) is a huge lump sum, any lucky lottery winner will also be looking at significant tax bills.

Most lottery winners choose the lump sum payout.

They can receive the money in a lump sum payment.

They can receive the payout as an annuity, which would be paid in thirty graduated payments over 29 years, or.

You can play for the next POWERBALL ® drawing, or you can purchase tickets in advance for up to 15 drawings by marking the front of your playslip.If anyone wins the Powerball or another lottery prize, they can choose to receive the payout in one of two ways.

Hold on to your ticket, you'll need it if you win!

The computer processes your playslip and issues a ticket.

Check your playslip carefully and give it to your Retailer.

To play with Power Play ®, simply mark the Power Play ® box.

Or mark the Quick Pick box if you want to have your selections picked randomly.

In the red grid mark one number from 1 to 26 for your red POWERBALL ® number.

Using blue or black ink or a pencil mark five numbers from 1 to 69 in the white grid for your white numbers.

Each panel contains a white and red grid.

These game tickets cannot be canceled.ĭrawings are held every Monday, Wednesday and Saturday at 10:59 p.m.

You may play up to 15 advanced drawings.

* The 10 times Power Play ® multiplier is available when the annuity jackpot is less than $150 million unless otherwise announced. If you win a set cash prize on the bottom seven prize levels, you're guaranteed to multiply that amount 2, 3, 4, 5 or 10 times! If you win the second prize level of $1 million and you have chosen Power Play ®, your prize will be $2 million, no matter what Power Play ® number is drawn.

To add Power Play ®, simply mark the Power Play ® option on your playslip or ask your retailer to add it to your POWERBALL ® play.Ī Power Play ® multiplier number (2, 3, 4, 5 or 10*) is selected at random for each POWERBALL ® drawing.

Play an additional $1 for each POWERBALL ® game you wish to play.

Or ask for a Quick Pick and let the computer randomly select your numbers.

Use a playslip to select five white numbers from 1 to 69 and one red POWERBALL ® number from 1 to 26.

POWERBALL ® with Power Play ® cost $3 per game. POWERBALL ® is the Multi-State Lottery game with a minimum estimated annuity jackpot of $20 million per drawing, plus eight set cash prizes up to $1 million.

How much is the current powerball jackpot