Sc powerball payout
South Carolina Lottery Information – Powerball
What you need to know about the South Carolina Lottery Powerball game.Did you know? Powerball is played in 27 states, the District of Columbia, and the U.S. Virgin Islands. The Powerball drawing held on February 18,2006 for $365 million was the largest Powerball jackpot ever won, and the second largest Lottery jackpot ever won worldwide.
Power Ball Current numbers & South Carolina Lottery Powerball game winners
Includes instructions. Be the next South Carolina Lottery Powerball game winner.
Powerball Information
Powerball is a lotto game which is a combined large jackpot game and a cash game. Every Wednesday and Saturday night at 22:59 USA Eastern Time, five white balls are drawn out of a drum with 53 balls and one red ball out of a drum with 42 red balls. Power Ball players win by matching one of the 9 ways to win. The jackpot is won by matching all five white balls in any order and the red PowerBall. The second prize (won by matching five white balls in any order) is US $100,000 paid in cash. There are 7 more tiers of prizes for a total of 9 tiers, more than any lottery in Europe or Asia. Any time you match the red Power Ball, you win. The overall odds of winning a prize in the game is better than 1 in 36.
Jackpots
Minimum per draw | – US $10 Million |
Average per draw | – US $25 Million |
Largest Jackpot | – US $103.5 Million (Sept 14th,2002) |
Annual Payout | – Over One Billion US Dollars Per Year |
Winners Per Week | – Over 650,000 |
Powerball Payout Method and Taxes
Jackpot is lump sum or 29 year annuity. All other prizes paid lump sum in cash including US $100,000 second prizes. Winnings subject to US taxes but are refunded to residents of countries with USA tax treaties, over 100 countries worldwide.
Power ball – Prizes and Odds
Powerball information from South Carolina Lottery Information ]]>