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The stakes are bigger this week, with Powerball climbing to an incredible $50 million for Draw 1556. Entries close Thursday, March 12, 2026 at 7:27pm AEST (8:27pm AEDT) on Oz Lotteries. That’s the kind of jackpot that gets the whole country talking, as players start imagining what they’d do with a prize that size.
Powerball is Australia’s biggest jackpotting lottery, famous for life-changing prizes and record-breaking wins. Not to be confused with the American version, Australia’s Powerball guarantees a minimum Division 1 prize pool of $5 Million each week.
Here’s all you need to do:
Then all you have to do is sit tight until Thursday night’s results, when the draw decides if you’re Australia’s next multi-millionaire.

Two barrels holding your shot at the dream. Barrel One: Seven numbers drawn from 1 to 35. Barrel Two: One Powerball number is drawn from 1 to 20. There are nine prize divisions in total. Land two numbers plus the Powerball, and you’ve got yourself a prize. To score the jackpot, you’ll need all seven numbers and the Powerball number.
Powerball numbers are drawn every Thursday night at 8:30pm AEST (9:30pm AEDT). You can watch them announced live on channel 7TWO, check them on the Oz Lotteries website and app or see them posted on our Facebook and Instagram. The good news is, you don’t have to hover over the screen waiting. If your ticket scores a win, we’ll tell you. Smaller prizes come with a handy email, while Division 1 winners receive a personal phone call that could be the most exciting call of your life.
Powerball jackpots start at $5 Million and can soar to $150 million. This week it’s sitting at $50 Million, which is plenty to turn a regular Thursday into one you’ll never forget. Draw 1556 could be the moment you tell people about for years to come.
Plenty of Aussies have seen their lives turned upside down in the best way possible thanks to a $50 million Powerball jackpot. These jackpots aren’t just headlines, they’ve really happened to regular Australians. We’ve had several of these lucky Powerball winners, including those who won $50 million. You can read about these winners below:
Entries for Draw 1556 close 7:27pm AEST (8:27pm AEDT) Thursday March 12 2026 on Oz Lotteries. Don’t leave it too late, $50 Million is waiting. The chances of winning the grand prize are 1:134,490,400.
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