Florida lottery powerball

Florida lottery - powerball - how to play

Prize Options

Annual Payments:

FLORIDA LOTTO, MEGA MILLIONS and POWERBALL jackpot prizes may be paid in 30 annual installments, and JACKPOT TRIPLE PLAY jackpot prizes may be paid in 25 annual installments. CASH4LIFE Grand Prize and second prize may be paid for the natural life of the winner. Certain Scratch-Off games that offer an annual payment option may be paid in annual installments in accordance with the rule for that game.

Cash Option:

FLORIDA LOTTO, MEGA MILLIONS, POWERBALL, JACKPOT TRIPLE PLAY, CASH4LIFE and certain Scratch-Off games also offer a Cash Option method of payment – a one-time, lump-sum payment that jackpot winners may choose to receive instead of receiving their winnings in annual payments. Payment may be made by check or by ACH transfer to a bank or brokerage account in the winner’s name; however, the Lottery strongly recommends the ACH transfer method of payment. A winner electing the ACH transfer method of payment must provide the Lottery with a voided check or ACH transfer instructions to a financial institution. FLORIDA LOTTO, MEGA MILLIONS, POWERBALL, JACKPOT TRIPLE PLAY and CASH4LIFE winners who wish to elect the Cash Option method of payment must claim their prizes and make their payment election within 60 days after the winning draw date. If the winner does not elect the Cash Option within 60 days after the winning draw date, the prize will be paid in annual payments.

Federal Withholding Taxes:

Winnings and any taxes withheld are reported in accordance with the Internal Revenue Code and Code of Federal Regulations on all Florida Lottery winnings with a value of $600 or more. If a Florida Lottery prizewinner is a U.S. citizen or resident alien, the Internal Revenue Service (IRS) requires the Florida Lottery to withhold 24 percent federal withholding tax from prizes greater than $5,000. For non-resident aliens, the Florida Lottery is required to withhold 30 percent federal withholding tax from all prize amounts. For information on Lottery prizes and your Federal tax obligations visit: www.irs.gov.

All Florida MEGA MILLIONS, POWERBALL, CASH4LIFE, and Fast Play prizes must be claimed in Florida.

Power Play

Power Play is an add-on feature that allows players to multiply their non-jackpot prizes, for just $1 more per play! With Power Play, players can win $2 million for matching the five white balls or multiply his/her other non-jackpot prizes two to five times when the advertised jackpot is over $150 million, and up to 10 times when the advertised jackpot is $150 million or less. A player must choose the Power Play option on his/her POWERBALL playslip or tell the retailer that he/she wishes to purchase a Power Play ticket. The multiplier number will be selected just before the draw.

($2) POWERBALL

($1) POWER PLAY

On Jackpots upto $150 million

Match Base Game Odds X2 X3 X4 X5 X10
5 of 5 + PB *$20,000,000 1:292,201,338
5 of 5 $1,000,000 1:11,688,053.52 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000
4 of 5 + PB $50,000 1:913,129.18 $100,000 $150,000 $200,000 $250,000 $500,000
4 of 5 $100 1:36,525.17 $200 $300 $400 $500 $1,000
3 of 5 + PB $100 1:14,494.11 $200 $300 $400 $500 $1,000
3 of 5 $7 1:579.76 $14 $21 $28 $35 $70
2 of 5 + PB $7 1:701.33 $14 $21 $28 $35 $70
1 of 5 + PB $4 1:91.98 $8 $12 $16 $20 $40
Powerball $4 1:38.32 $8 $12 $16 $20 $40
Overall 1:24.87

*Jackpots start at $20 million and roll over until won. The jackpot prize will be shared among jackpot winners in all POWERBALL states. All non-jackpot prizes are set payouts. If funds are insufficient to pay set prizes, non-jackpot prizes maybe paid on a pari-mutuel basis and could be lower than the amount shown.

How to Win

Prior to the official POWERBALL drawing conducted by MUSL, a Power Play multiplier number (between 2 and 5; 10 is included when the advertised jackpot is $150 million or less) is selected and will be displayed during the draw, in which five out of 69 numbers (white balls) and a Powerball number between 1 and 26 (red ball) will be drawn at random. There are nine ways to win POWERBALL prizes by matching the winning numbers drawn in the official drawing for the date played. Match all five numbers plus the Powerball to win the jackpot or match any of the non-jackpot-winning combinations to win other great cash prizes!

All POWERBALL prizes are set payouts, except the jackpot. The jackpot prize will be shared among winners in all POWERBALL states. The jackpot will be paid in 30 annual payments or a one-time cash payment of a reduced amount. If there is no jackpot winner, the money in the jackpot pool rolls over to the next POWERBALL drawing.

All POWERBALL prizes must be claimed in the state where the ticket was purchased. POWERBALL prizes must be claimed within 180 days after the winning drawing date. Federal income taxes will be withheld from POWERBALL prizes as required by the Internal Revenue Code at the time payments are made. Any additional federal, state and/or local taxes shall be the responsibility of the winner. Prizes of up to $1 million may be claimed at a Florida Lottery district office. Prizes of more than $1 million must be claimed at Lottery Headquarters in Tallahassee. Read more about claiming Lottery prizes.

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