A huge $50 Million Powerball jackpot has landed for this Thursday 24th October 2022. How would your life change if you won this mind-blowing $50 million? There is so much you could do – pay off the mortgage, buy a holiday house (or two!), start that dream business you always wanted, retire early and enjoy a travelling lifestyle for a while… It’s all possible with financial freedom and $50,000,000 in your bank account.
But while you’re dreaming, don’t forget that you’ve got to be in it to win it! To help you navigate your way to understanding the Powerball lottery and buying your ticket, we’ve put together a quick guide. Here’s all you need to know about how to play, ticket types, draw times, numbers, tips and tricks for Powerball.
Powerball is an Australian lottery – not to be confused with American Powerball. It is an extremely popular game due to its large jackpots, yet not as extravagant as its American counterpart. The minimum guaranteed Division 1 prize pool is $4 Million. The largest Powerball jackpot in the history of the game in Australia was a massive $160 million in October 2022.
The $50 Million Powerball draw is on this Thursday 24th November 2022. Powerball draws happen every Thursday night – it’s a rolling jackpot lottery, where the jackpot changes every week, depending if it’s won or not the week prior.
Entries for Powerball draws close at 8:25pm AEDT on Thursday. Then the draw takes place the same evening at 9:30pm AEDT. Check the daylight savings and time difference in your home state.
There are three most popular ticket types for Powerball:
Oz Lotteries offers several different Powerball syndicates. Shares start at $27 and Oz Lotteries organises the remaining shares in the syndicate. If you’d prefer to play with friends, you can set up your own private syndicate and buy shares together using Lotto Party.
To win Division 1 in Powerball you need to match all 7 winning numbers plus the winning Powerball number in a single game. You will need a minimum of 2 winning numbers plus Powerball number to win the lowest Division 9.
The chance of winning a Division 1 prize in Powerball is 1 in 134,490,400. However, the chance of winning any division prize with a single game in Powerball is 1 in 66. These odds improve to 1 in 5 when 12 games are played.
Powerball has nine prize divisions:
|Division 1||All 7 main winning numbers and the Powerball||1:134,490,400|
|Division 2||All 7 main winning numbers||1:7,078,443|
|Division 3||Any 6 main winning numbers and the Powerball||1:686,176|
|Division 4||Any 6 main winning numbers||1:36,115|
|Division 5||Any 5 main winning numbers and the Powerball||1:16,943|
|Division 6||Any 4 main winning numbers and the Powerball||1:1,173|
|Division 7||Any 5 main winning numbers||1:892|
|Division 8||Any 3 main winning numbers and the Powerball||1:188|
|Division 9||Any 2 main winning numbers and the Powerball||1:66|
The last $50 million Powerball jackpot was on Thursday 13th October 2022, draw 1378. The winning numbers were: 31, 35, 16, 13, 25, 18, 1, and Powerball number 2. There were no Divisoin 1 winners, and the jackpot grew the following draw to $100 Million.
We had a few lucky online Powerball winners, including those who won $50 million. You can read about these winners below:
Hot numbers are those frequently drawn in Powerball draws, and Cold numbers are those that are not frequently drawn. You can use these as inspiration for marking on your next ticket:
|Hot Numbers||Cold Numbers|
Looking for more info? Want more tips and tricks? Check out our handy Powerball guide with all you’ll ever need to know about Powerball. You can also contact our customer support team who are available Monday to Saturday to help with any questions you may have.
And don’t forget to get your $50 million Powerball ticket. You gotta be in it to win it!
Best of luck!