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5 days ago · You win prizes in the same way as you do in the main draw, starting with $7 in the Match 0 + Powerball category. The jackpot is worth a fixed $10 million in every drawing. Head over to the Double Play page to see all the prize details. Don't forget to check how much tax you will pay on your Powerball prizes.
- How Much Tax
A federal tax of 24 percent will be taken from all prizes...
- Double Play
For example, if you match the Powerball on its own without...
- Numbers
You can see the Powerball results for today or the latest...
- Odds of Winning
There is no prize for matching four numbers in Powerball. If...
- Prix Powerball
Les probabilités de gagner un prix au Powerball sont de 1...
- How Much Tax
Sep 2, 2024 · You need to follow the below to estimate the annuity payments of a Powerball jackpot: Use the following growing annuity formula to compute the payout in a given year (n): Payout in year n = -Gross payout / [ (1 − 1.0530) / 0.05] × 1.05n−1. Deduct federal tax, which is about 37% of the given annuity payout. Deduct state tax, if applicable.
The odds of winning the Powerball jackpot are 1 in 292 million. However, the odds of winning any prize are very reasonable – 1 in 24.87. So it's not all doom and gloom. If you match the Powerball at all, you're guaranteed a prize, even if you don't match any of the main five draw numbers. The prize for just matching the Powerball is US $4 ...
1 in 579.76. $7. 1 in 701.33. $4. 1 in 91.98. $4. 1 in 38.32. The overall odds of winning a prize are 1 in 24.87. The odds presented here are based on a $2 play (rounded to two decimal places).
3 days ago · Match 4 + Powerball (with Power Play) $150,000. 1. $150,000. Match 4 (with Power Play) $300. 55. $16,500. Match 3 + Powerball (with Power Play)
CategoryPrize Per WinnerWinnersPrize FundMatch 5 + Powerball$65,000,000Rollover 0$0Match 5$1,000,0001$1,000,000Match 4 + Powerball$50,0003$150,000Match 4$100139$13,900Oct 1, 2024 · To determine the Power Play multiplier, one ball is selected from 42 or 43 with the following multipliers: 24 balls at 2x, 13 balls at 3x, 3 balls at 4x, 2 balls at 5x. There is also one ball at 10x added to the pool of the jackpot is under $150 million. This equates to an average multiplier of 2.595 without the 10x ball and 2.767 with it.
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You don’t have to pay 24% on the entire $145,000 though. If, say, the tax bracket that $150,000 is in starts from $95,376, you’ll only have to pay 24% on the income that surpasses it. In this case, that would be $49,624. This means that you’d owe $16,290 on the first $95,376, and 24% of $49,624.