Powerball, an immensely popular and captivating lottery game, has firmly gripped the attention and enthusiasm of individuals worldwide since its inception in 1992 within the United States. Over the years, it has solidified its position as one of the most eagerly anticipated and widely played lotteries, captivating the dreams of countless hopefuls across the globe. Simplicity intertwines with exhilaration in this game of chance, where participants eagerly clutch onto the possibility of attaining life-altering fortunes with each nail-biting draw.
To play Powerball, you have two options for selecting your numbers. On the play slip, you can manually choose five numbers from a range of 1 to 69 in the upper portion of the panel and one number from 1 to 26 in the lower yellow portion. You can also play multiple panels on one play slip, up to a maximum of five. Each play costs $2. Introducing the Easy Pick (EP) option – a hassle-free way to participate in the lottery! Let the computer work its magic and randomly select your numbers for you. You have the flexibility to use Easy Pick for any or all of the five numbers in the upper panel and the one number in the lower panel. Want to boost your potential winnings even further? Look no further than the Power Play option, available for just an additional $1 per play. By opting for Power Play, you open the door to multiplying your non-jackpot prizes by 2, 3, 4, or 5 times! And if the jackpot stands at $150,000,000 or less, brace yourself for an exciting 10X multiplier on offer. Keep in mind, the second prize is always a generous $2,000,000 whenever the Power Play option is utilized. So, why not take a chance with Easy Pick and consider the Power Play for a shot at even greater winnings? It's time to embrace the thrill of the lottery and see if luck smiles upon you! To add the Power Play option, simply mark the Power Play box on your play slip, or you can ask the sales associate to include it when purchasing your ticket. You can also select up to 30 draws per play slip if you wish to play in multiple upcoming draws. In summary, to play Powerball, choose five numbers from 1 to 69 and one number from 1 to 26 manually or let the computer pick them with Easy Pick. You can multiply your non-jackpot winnings by adding the Power Play option for an extra $1 per play. The second prize will always be $2,000,000 when Power Play is used.
Match your numbers to those drawn by the Lottery to win cash prizes! Win by having any one of these nine combinations.
Powerball | Power Play Option - Prize Multiplier | Odds | |||||
---|---|---|---|---|---|---|---|
Match | Prize | x2 | x3 | x4 | x5 | x10 | |
![]() | Jackpot! | N/A | N/A | N/A | N/A | N/A | 1:292,201,338 |
![]() | $1,000,000 | $2,000,000 | $2,000,000 | $2,000,000 | $2,000,000 | $2,000,000 | 1:11,688,054 |
![]() | $50,000 | $100,000 | $150,000 | $200,000 | $250,000 | $500,000 | 1:913,129 |
![]() | $100 | $200 | $300 | $400 | $500 | $1,000 | 1:36,525 |
![]() | $100 | $200 | $300 | $400 | $500 | $1,000 | 1:14,494 |
![]() | $7 | $14 | $21 | $28 | $35 | $70 | 1:580 |
![]() | $7 | $14 | $21 | $28 | $35 | $70 | 1:701 |
![]() | $4 | $8 | $12 | $16 | $20 | $40 | 1:92 |
![]() | $4 | $8 | $12 | $16 | $20 | $40 | 1:38 |
*The match 5 prize is always $2,000,000 with the Power Play option.
The cost of a Powerball ticket varies depending on the location and whether additional features like Power Play are included. Typically, a standard ticket without Power Play costs $2. If you add Power Play, the ticket cost may increase to $3.
The funds generated from the sale of lottery tickets serve a vital purpose, supporting various programs and services within Maine's General Fund. These initiatives are designed to benefit and uplift the citizens of Maine across diverse areas.
In the unfortunate event of a winner's demise, the remaining annual payments will be directed to the estate of the deceased. Ensuring that the rightful beneficiaries receive the winnings remains a priority for the lottery authorities.
When claiming prizes exceeding $5000, both Federal and State taxes will be withheld at rates of 24% and 7.15%, respectively. However, it's essential to recognize that these withholdings may not fully cover your total tax obligations. The final tax amount owed depends on individual circumstances. Seeking professional advice from a tax expert is advisable. Additionally, for prizes of $600 and above, you will receive an IRS Form W-2G in January.
In order to deduct gambling losses, you must report the total amount of your gambling winnings for the year on IRS Form 1040. Deducting gambling losses is possible using Schedule A (Form 1040). However, the losses cannot exceed the amount of your winnings. The Maine State Lottery does not collect non-winning tickets or provide tax forms for gambling losses. It's prudent to keep non-winning tickets with your tax records as proof of losses, if necessary. For comprehensive guidance on gambling winnings/losses and Federal taxes, consulting a tax professional or visiting the IRS website at www.irs.gov is recommended.
The impact of lottery winnings on retirees, particularly those receiving government payments, varies depending on individual tax situations. Since the Maine State Lottery and its employees cannot provide financial advice, seeking assistance from a tax professional is highly recommended to understand the potential implications.
For Powerball, Megabucks, Lotto America, Mega Millions, Pick 3, and Pick 4 games, players have a one-year window from the drawing date to claim their prizes. However, for instant ticket games, the deadline for claiming varies depending on each game, with the standard being one year from the date the ticket is removed from the selling inventory of the Maine State Lottery.
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