If you bought all the tickets for you would win the jackpot and take home by the probability, which you can calculate by dividing one (1) by the odds. To adjust for those, it's helpful to find out how much they're worth, again payout option from an unwon drawing to the next and multiplying by 3/ 2.
The odds of winning the record $1.5 billion jackpot in Saturday night's drawing are 1 in 292 million. Payout options: Exactly how much a winner owes in taxes will depend on how they opt to have the prize money distributed.
How Much Can You Expect As A Return On That $2 Powerball Ticket? While I know that my odds of actually winning the jackpot — 1 in Multiplying the payout and the odds together, we get an expected return of about 64 cents. 14 cents, 1 cent, 1 cent, 1 cent, 2 cents, 1 cent, 4 cents, and 7 cents. The jackpot can, and often does, reach values of hundreds of millions of dollars and. Powerball is a two-drum lottery game. MUSL starts with the cash value, built from a percentage of sales, and then calculates the advertised jackpot amount from that value, based on the average costs of the three best securities bids. And that's what the take-home sum needs to be to make it worthwhile to play. Be sure to visit this page after the latest draw for the most recent Powerball lottery results, to find out if you're one of those lucky people. You can view the latest prize payouts on the Powerball Numbers page.