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* Don't forget to pay taxes on your winnings. Whether it's a small payout or a large one, You have to pay federal and state taxes.

Powerball Payout Chart; Prize Level Payout Odds Fewest Ever Winners Highest Ever Winners Average Winners Per Draw Winners in Last Draw; Match 5 + PB: Jackpot: 1 in 292,201,338: 0: 4: 0.1: 0: Match 5: $1,000,000: 1 in 1,688,054: 0: 89: 2.5: 0: Match 4 + PB: $50,000: 1 in 913,129: 1: 827: 23.4: 9: Match 4: $100: 1 in 36,525: 136: 20,544: 706.0: 254: Match 3 + PB: $100: 1 in 14,494: 329: 47,685: 1,378.2: 715. Here is the payout chart for a 6 to 5 Blackjack game. This should help make calculating the 6 to 5 ratio easier for players and dealers.

Powerball payout starts from $4, and that can be win by matching one number only. This payout inclusion in Powerball increases the overall chance of winning. Matching one number doesn't win you a lot of money. But it is something that boosts your confidence and also recovers your ticket cost.

Everyone is not going to win a huge amount by matching 5 or 6 numbers in each draw. And that's the reason to promote the lottery They broke down the prizes in 9 tiers. So people can win prizes according to the different types of payouts.

Powerball Payout Chart

This chart will show you how much you will win with different winning number combinations. Minimum payout is $4 if you match one white ball with Power ball or match only Power ball. And the maximum amount you can win in current Powerball is the Jackpot Prize.

When you win the Jackpot then how much you are going to get after the taxes. We have done a full analysis of Powerball Jackpot. You can check it by clicking the button below.

There is a Power Play option in this Lottery. So if you opt this option by paying $1 additional then you can multiply your winning amount by a multiplier. Multiplier can be 2x, 3x, 4x, 5x, or 10x. Following chart shows you the list of power play prizes.

As you win a prize, You will need to pay taxes on your winnings. There are at least two taxes levied on your prize money, Federal tax, and State tax. In your jurisdiction, there might be some local taxes imposed on your payout, and you must have to pay those also.

Cash Payout:- You can opt to get the Jackpot payout in cash at the time of the claim. Approximate (lump sum) cash amount is around 60% of the advertised jackpot.

Annuity Payout:- If you choose this option, then you will get the Jackpot amount in 30 installments. The installment will increase by 5% each year. This option will give you 100% of the advertised jackpot.

Federal Tax:- In the US, Federal tax is dependent on the money you earn or win. Federal tax is variable from 10% to 37%. Here for the Jackpot amount, you always fall on a 37% tax category.

State Tax:- State taxes in the US varies between 0% to 10% and is independent of payout value. You can check state tax for your residing state on Powerball Analysis page.

Your total tax liability is around 40-45% approximately. This liability includes both federal and state tax. Gross payout is not the amount you are going to get in hand. Net payout is what you will get after paying all the payments.

Power Play Prize Chart

10X Multiplier comes into play when the jackpot prize is less than $150 million. Otherwise it is out of the game. Prize amount of Match 5 main numbers will be multiplied by 2 only even if the multiplier is more than of it.

Some blackjack players don’t seem to see what the big deal is about the difference in getting a 3-2 payout or a 6-5 payout. Sure you don’t get quite as much money from a 6-5 payout, but then you are getting to play in a single deck game.

Really quick: casinos have been offering 6-5 payouts on single deck blackjack games. These games are to be avoided at all costs by the way.

But the problem with a 6-5 blackjack payout versus a 3-2 payout is not that you are getting less money. Yes, that’s a problem—a very justifiable one—but it’s not the main reason to be avoiding those tricky 6-5 single deck blackjack games.

The main reason you want to avoid playing those games is what it does to your odds.

Part of a player’s odds is how much he’s winning…or not winning.

Think of it this way. When you’re dealt a natural blackjack you are paid 3-2; and when you simply win a round you’re paid 2-1. Now look at what the dealer gets paid: 1-1 for a natural blackjack and 1-1 for winning.

Look at this situation. You’re playing the dealer one-on-one for twenty hands. Of those twenty you win five with blackjack and five you just beat the dealer’s hand; the dealer also wins five hands with blackjack and five only just beating you, how much money have each of you been paid?

You would have won $75 on the blackjacks and $50 on the regular winning hands, for a total of $125. The dealer would have won $50 on his blackjack and $50 on his regular winning hands, for a total of $100.

In a 6-5 payout on a $10 wager, you would only be paid $12 for a natural blackjack instead of $15. In the same scenario as above you would’ve only won $60 for your natural blackjack hands; added to the $50 from your winning regular hands, you have won $110 instead of $125. And the dealer’s winnings would not have changed either.

Which is more advantageous to the player: the $125 or the $110?

The 6-5 payout blackjack games increase the house edge by 1.4%. And that 1.4% is just given to them because they don’t have to pay you as much for your blackjacks.

So between the 1.4% increase in house edge and the lower amount of money paid to you, why would you even think of playing in a 6-5 game?

Pst!

6 To 5 Odds Payout

By the way, increasing the wager from $10 to a more widely wagered amount like $20, makes the payout differences look like this in the same twenty hand game from above in which you and the dealer each won five rounds with blackjacks, and each won five regular hands

Horse Racing Odds And Payouts

3-2 Game: $250 (you) vs. $200 (dealer)
6-5 Game: $210 (you) vs. $200 (dealer)