Australian Powerball launched in 1996 with a draw taking place every Thursday night. On offer is a minimum prize pool of $3 million. If not won, the jackpot rolls over to the following week and once it has reached $10 million, the jackpot then increases in increments of $10 million. This jackpot rollover is limited to 25 consecutive draws at which point if the jackpot is still not won, the jackpot will be awarded to the second prize division. Powerball’s biggest jackpot prize won is $80 million which was won in July 2009. At that time this held the record as Australia’s biggest ever lottery jackpot win.
How to Play
For Powerball, numbers are drawn from 2 machines. The first machine contains 40 balls numbered from 1 to 40 of which 6 balls are drawn, and the second machine contains 20 ‘Powerballs’ numbered from 1 to 20 of which 1 ball is drawn. In a standard game, players choose 6 numbers from the first range of 1 to 40 and one Powerball number from the second range of 1 to 20. To win the jackpot, a player must correctly guess all 6 standard numbers as well as the Powerball. Systems entries are available on Powerball however only one Powerball is selected for a standard system entry. To guarantee the correct Powerball for a game players can purchase a Powerhit entry. Because this is equivalent to 20 games, it also costs the same as playing 20 individual games.
Winnings on Australian lotteries are tax-free.
Odds of Winning
Odds of winning a prize are 1 in 110, and the odds of winning the jackpot are 1 in 76,767,600. Powerball offers a slightly better odds overall for winning a prize than Saturday Lotto. However, its first division is about six times harder to win