The Powerball jackpot has reached $700 million, and the number 34 is “due”
Lottery players are on high alert. At $700 million, tonight’s Powerball jackpot is the second largest prize in US lottery history. According to Powerball, the odds of winning the grand prize are 1 in 292 million. You are more likely to die from an asteroid strike.
Given the high stakes, many lottery players are looking for any edge they can find. Unfortunately, there are none. The lottery is a game of pure chance. Beyond buying more tickets or becoming a corrupt lottery security director, there is literally nothing you can do to increase your chances of winning. The only “smart” move a player can make is to choose numbers that others don’t typically pick. On the slim chance that you win, this means you will split the prize with fewer people (hint: pick higher numbers).
The grand prize is won by correctly choosing the five white balls that will be selected out of 69, as well as the one red ball selected out of 26. The balls will be selected at 10:59 pm US Eastern Time. From a search of the internet, you wouldn’t necessarily realize that there are no effective strategies for winning the jackpot. Here are some of the most common spurious “tips” you will find:
1️⃣ Play the numbers that have been picked the most historically. At lottosend.com, they suggest looking at frequency charts to find the numbers that have been picked most commonly in past lotteries, and that you consider playing those. They find that 42 is most common among the white balls and 20 among the red balls. In a sure sign that this is preposterous guidance, they also suggest the exact opposite, posing that you might want to play the least drawn numbers because they are “due.”
2️⃣ Make sure to pick a mix of odd and even numbers. At smartluck.com they tell players to be sure to pick some odd numbers and some even ones. Their reasoning: “All odd numbers or all even numbers are rarely drawn, occurring only 4 percent of the time.” This is meaningless advice. You could make up a rule for any set of numbers and, correctly, claim they are rarely drawn.
3️⃣ Play as part of a group. At lottery-winning.com they encourage players to play as part of a team, or “syndicate” as it is called among lottery players. They argue that by sharing your lottery tickets with others you can “Significantly increase your chances of winning a jackpot prize.” While, of course, it is true that having a share in others’ tickets increases your chances of winning, it does nothing to change the odds.
People, and particularly gamblers, are terrible at dealing with the vagaries of chance. The Nobel prize-winning psychologist Daniel Kahneman and his collaborator Amos Tversky spent decades demonstrating the cognitive biases that lead people to find patterns in what are chance events. We just can’t help ourselves. The world would feel too dizzyingly random if we didn’t try to explain it.
There are no tricks to winning the lottery. The fundamental truth is that even though the number 34 hasn’t been selected in nearly a year, nearly double as long as any other number, it is no more or less likely to be picked tonight than any other number.There is no smart way to play the lottery. Lots of people still don't realize this.
When did powerball add more numbers
It’s America’s Game! Since 1992, POWERBALL® has inspired the country with a chance to become a millionaire, while raising $25 billion for good causes supported by lotteries. Powerball set a world record jackpot of $1.586 billion in January 2016. The record prize was shared by winners in California, Florida and Tennessee.
Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Drawings are broadcast live every Wednesday and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee. More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold .
The Powerball jackpot grows until it is won. Players select five numbers from 1 to 69; and one Powerball number from 1 to 26. Players can multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times with the Power Play® option for an additional $1 per play. NOTE: The Match 5 + Power Play prize is always $2 million. The 10X multiplier is only in play when the advertised jackpot is $150 million or less.
Powerball jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump sum payment. Both advertised prize options are prior to federal and jurisdictional taxes.
The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.
- 50% of a ticket sale goes to fund prizes
- 35% of a ticket sale benefits the good causes supported by lotteries
- 6% of a ticket sale goes to retailer commissions
- 9% of a ticket sale goes to operating expenses
Transfer percentages vary by jurisdiction, check with your local lottery for more information.
History of Powerball
Powerball celebrated its 28th Anniversary in April 2020.
The first Powerball drawing held on April 22, 1992 had 15 participating lotteries: Delaware, District of Columbia, Iowa, Idaho, Hoosier (Indiana), Kansas, Kentucky, Minnesota, Missouri, Montana, Oregon, Rhode Island, South Dakota, Wisconsin and West Virginia.
Today, there are 48 U.S. lotteries selling the Powerball game.
In October 2015, the latest version of the Powerball game debuted with enhancements aimed at delivering bigger jackpots and more overall winners. The game matrix was changed; the number of white balls increased to 69, while the number of red balls dropped to 26. The Power Play® feature was enhanced with a 10X multiplier that is available for play whenever the advertised jackpot annuity is $150 million or less. The Match 4 + PB prize also increased from $10 thousand to $50 thousand.
Powerball set a world record jackpot of $1.586 billion on Jan. 13, 2016. Three winning tickets in California, Florida and Tennessee shared the record prize.
Multi-State Lottery Association (MUSL)
The Multi-State Lottery Association (MUSL) is a non-profit, government-benefit association owned and operated by its member lotteries. Each MUSL member offers one or more of the games administered by MUSL. All profits are retained by the individual lotteries and are used to fund projects approved by the legislature authorizing each lottery.
Select a jurisdiction below to view MUSL member information.