Playing the lottery is a popular and familiar form of entertainment for millions of Americans, and Powerball is one of the most well-known nationwide lottery games. Powerball jackpots can climb to over $1 billion and can be absolutely life changing for winners. A typical Powerball ticket has six numbers to select, and if you match all six numbers you'll win the jackpot. But what happens if you only match one number on your ticket? Can you still win something? The answer is yes — but how much do you win in this situation? We'll explore what types of prizes are available when matching just one number on your Powerball ticket, as well as the odds of winning and tips to help increase your chances.
What Are the Powerball Prize Tiers?
Powerball has 11 different prize paying tiers for players, ranging from the jackpot prize to smaller prizes for matching just one number. The prize tiers are as follows:
Jackpot: Match all five numbers plus the Powerball to win the jackpot.
Match 5: Match all five numbers to win $1 million.
Match 4 + Powerball: Match four numbers plus the Powerball to win $50,000.
Match 4: Match four numbers to win $100.
Match 3 + Powerball: Match three numbers plus the Powerball to win $100.
Match 3: Match three numbers to win $7.
Match 2 + Powerball: Match two numbers plus the Powerball to win $7.
Match 1 + Powerball: Match one number plus the Powerball to win $4.
Match Powerball: Match the Powerball to win $4.
Match 1: No Prize
What Can You Win Matching One Number on Powerball?
Depending on which number you match, you can win either $4 or you'll win nothing. If you match the red Powerball number, you will win $4. Otherwise, if you match 1 white number you won't win anything. If you played the Power Play multiplier and you match the Powerball number your $4 winnings will be multiplied by that drawing's Power Play multiplier, either 2x, 3x, 4x, 5x, or 10x.
What Are the Odds of Winning Cash With One Match?
The odds of winning with one number on the Powerball aren't particularly bad when you compare the odds to winning the jackpot. The odds of winning the jackpot are 1 in 292,201,338. By comparison, the odds of winning a cash prize with one number matched on a Powerball ticket are 1 in 38. If you want to guarantee you'll win at least something during a given drawing and have purchased at least 26 tickets you could optimize your tickets by picking a different powerball number, since the options are limited to numbers between 1 and 26 you could selet a unique powerball number on each ticket and guarantee at least a win of $4 in that evening's drawing.
Despite the astronomical odds of winning the Powerball jackpot, that doesn't stop millions of people from playing it every week. And even though you may only win a few dollars by matching one number on Powerball, it's better than losing the entire value of your Powerball ticket. Which, by the way, is what most do -- waste their money on Powerball tickets.
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