Can you win powerball with one number

There are even more ways to win in addition to picking the right numbers, thanks to the Powerball's Power Play option. For just one extra dollar, lotto hopefuls can at least double their prospective earnings. The Power Play can yield from twice as much to up to 10 times the prize amount, based on what multiplier is drawn.

Still, the Power Play certainly makes a difference. It's the multiplier that can turn a modest prize into something truly impressive. Of course, if you played the Power Play and matched that too, then your winnings will be multiplied by whatever the Power Play amount was.

The amount you win drops dramatically after this. The odds of winning the Powerball are 1 in million, slightly better than the odds of winning Mega Millions which are 1 in million. An annuity guarantees an income stream for 30 years that includes a 5 percent yearly increase to offset inflation. Some financial advisors say that if you invest your lump sum wisely, you might end up with more money than you would from annuity payments.

But of course, it could go the other way too. Just about anything that could happen is more likely than winning the jackpot. However if you were to be so lucky, you would get two choices, either receive the prize as an annuity, a series of payments over the years, or as a lump-sum payment. The Powerball annuity is paid out as one immediate payment followed by 29 annual payments. Although less than the prize announced for the overall pot, the one-time, lump-sum payment is equal to all the cash in the Powerball jackpot prize pool.

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