Powerball Odds: What Are The Odds Of Winning The Powerball?

If you’ve ever wondered what the odds of winning Powerball are, we can tell you right away that they’re not very good. Statistically, you’d have much better chances of becoming president of the United States than winning the Powerball jackpot.

But what exactly are your chances of winning? Read on as we walk you through the numbers and statistics behind one of the biggest lotteries today.

Powerball

$110,000,000
Next Drawing
00160007

Mega Millions

$71,000,000
Next Drawing
-1-8-60-53

What are the odds of winning the Powerball?

Your chances of winning the Powerball – if you were to play only one set of numbers, would be 1 in 292,201,338.

You can of course improve your odds of winning by purchasing more tickets and playing more combinations, but realistically speaking, it won’t make much of a difference.

No matter how you look at it, Powerball odds just aren’t very favorable. After all, in a game that features a $40 million minimum jackpot, it’d be unreasonable to expect otherwise.

Powerball Odds Math and Calculations

This section contains the math behind the Powerball odds we provided. We tried to keep our calculations as simple as possible, so you should be able to easily follow along. Ready for some statistics? Here we go.

For every Powerball drawing, 5 white balls are drawn, followed by a single red ball. These 6 balls represent the winning numbers for that draw.

First, let’s start by solving for the total number of possible combinations for the first 5 main (white) numbers.

There are 69 possible numbers in the pool for the first ball. For the second ball, there are only 68 possible numbers left. That’s because the same number can’t be drawn more than once. For the third, only 67 possible numbers remain – and then so on.

This gives us the following computation:

69*68*67*66*65 = 1,348,621,560 possible white ball combinations

But wait a minute, that doesn’t look right. That’s because the order of the numbers isn’t important to winning the game. You’d win if the numbers are drawn as {1, 2, 3, 4, 5} and also if they were drawn as {3, 2, 5, 4, 1}.

So to account for this, you’ll need to include an extra step in the formula. The way to do this is to simply divide the number of possible combinations with the number of possible orders in which 5 numbers can be drawn, which can be computed similarly like this:

5*4*3*2*1 = 120 possible orders for a set of 5 numbers

Or you can express the entire computation as this:Powerball odds formula mathPlug those figures into your calculator and you’ll get 11,238,513.

Still with us? Great, but we’re not quite done yet. The above calculations only account for the first 5 numbers. We still have to include the probability of matching the red Powerball if we want to find our odds of winning the jackpot.

Since the red Powerball number is drawn separately from a pool of 26 numbers, you have a 1 in 26 chance to match it. The final step is then to divide the previous number with this probability, or simply:Powerball odds formula mathThis should give you 292,201,338. And there you have it!

So what are my chances of winning the Powerball?

1 in 292,201,338 to be exact, but that’s only for the grand prize. The math above shows us that there are over 292 million possible winning number combinations that can be drawn, and those represent your odds of matching them perfectly.

However, if you take into consideration that there are eight other prize tiers up for grabs, then the chances of winning Powerball don’t seem too bad after all. There’s about a 1 in 25 chance that you can earn any prize. Read more about that in the next section.

Powerball

$110,000,000
Next Drawing
00160007

Mega Millions

$71,000,000
Next Drawing
-1-8-60-53

Powerball Odds and Prizes Chart

Like many lotteries, the Powerball also grants winnings to people whose tickets match some, but not all, of the numbers in a draw. You might be surprised to learn that your odds of winning any prize at all aren’t too bad: 1 in 25.

Here’s a handy table of each Powerball prize tier and your odds of winning:

MatchPrizeOdds
5 main numbers + PowerballJackpot1 in 292,201,338
5 main numbers$1 Million1 in 11,688,054
4 main numbers + Powerball$50,0001 in 913,129
4 main numbers$1001 in 36,525
3 main numbers + Powerball$1001 in 14,494
3 main numbers$71 in 580
2 main numbers + Powerball$71 in 701
1 main number + Powerball$41 in 92
Powerball$41 in 38

Figures in this chart are rounded to the nearest one, and are based on a single $2 play.

If you’re just looking to earn any prize, not just the jackpot, then your Powerball chances don’t seem so slim. Who knows, you could end up like Richard Lustig: he might not have won multi-million jackpots, but Lustig won a lot of lottery prizes! Or you could end up like one of the Stocklas brothers, who both won the lottery, but in different degrees.

Can you calculate for your Powerball odds using the formula we discussed above? Try it for yourself with the concepts we showed you above. You can also use our lottery odds calculator to get you started.

Finally, if you were lucky enough to actually win the jackpot and want to compute your tax liability, you can do so with our Powerball tax calculator.