Michigan Lottery players should be on high alert for a potentially life-changing payout. Like many that play are aware, the Powerball has risen to a new high of $575 million.
Although it is not the largest jackpot ever, anyone would definitely take the winning prize if they can win. But how can someone win something like this?
Estimated Jackpot: $575 million
Purchasing Options: Online and In-Store
Ticket Cost: $2.00
Drawing Schedule: Monday, Wednesday, and Saturday at 10:59 p.m.
How to Play
Players have to choose five white ball numbers that are in a range from 1 to 69. Next, players select a single red Powerball that is in a range from 1 to 26.
When deciding a number, some people stick to favorites or lower numbers that include dates such as birthdays or anniversaries. However, it has proven to be more effective if a player can pick numbers randomly, such as allowing the machine to pick.
With the use of the Power Play feature, for another dollar, players can maximize their profits. If you win a prize, other than the jackpot, you could increase your earnings by as much as 2X, 3X, 4X, 5X, or 10X the prize amount.
Then again, using the Double Play feature could prove to be worthwhile too. Players can add this option if they want their numbers to be used immediately again in a second drawing for a chance to win $10 million.
But how can players win the jackpot? There are a few simple rules:
- Playing often if your budget allows
- In most cases, allowing the machine to pick rather than favorites
- Know when to call it quits
Odds, Price, and Prizes
When trying to win a large prize like the current Powerball jackpot, you should also keep other information in your mind. These include the overall odds of winning a single prize being 1 in 25, while the Double Play odds are 1 in 24.87.
Playing often or purchasing more tickets would be beneficial. However, with ticket prices ranging $1-3 depending on the add-ons, this could add up quickly for some.
Setting up a budget and knowing when to stop playing are ways you can be successful at trying to win a large jackpot. Below are the odds and prizes:
|5 White Balls + Powerball||1: 292,201,338||Jackpot*|
|5 White Balls||1: 11,688,054||$1 Million|
|4 White Balls + Powerball||1: 913,130||$50,000|
|4 White Balls||1: 36,526||$100|
|3 White Balls + Powerball||1: 14,495||$100|
|3 White Balls||1: 580||$7|
|2 White Balls + Powerball||1: 702||$7|
|1 White Ball + Powerball||1: 92||$4|
If Powerball is not your kind of game, there are plenty of other exciting games, so make sure you check around over at Michigan Lottery.