Powerball tickets are $2 per play, with players selecting five numbers from 1 to 69, in addition to one red Powerball number from 1 to 26. In certain circumstances, players can also multiply non-jackpot prizes by using the Power Play option for an additional $1.Powerball drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. ET from the lottery studio located in Tallahassee, Florida.
Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump sum payment. Both advertised prize options are prior to federal and jurisdictional taxes. The overall odds of winning a prize are 1 in 24.9, according to the Powerball websites. The odds of winning the jackpot are 1 in 292.2 million."Even if there are more tickets sold in a particular drawing, your odds of winning a prize are the same," the website states.
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