As the excitement builds, the Powerball jackpot has reached a staggering $275 million for the drawing on October 4, 2024. With no jackpot winners from the previous draw on October 2, where the numbers were 1, 2, 21, 37, 43 and Powerball 21 with a Power Play multiplier of 3x, the jackpot continues to roll over, captivating lottery enthusiasts across the country.
What’s at Stake?
- Estimated Jackpot: $275 million
- Cash Option: $137.8 million (before taxes)
- Winning Numbers for October 2: 1, 2, 21, 37, 43; Powerball: 21
- Power Play Multiplier: 3x
- Next Drawing: Saturday, October 5, 2024, with an estimated jackpot of $295 million.
How to Play Powerball
Playing Powerball is simple. For just $2 per play, participants select five numbers from 1 to 69 and one Powerball number from 1 to 26. Players can also opt to add the Power Play feature for an additional $1, which multiplies non-jackpot prizes by up to 10 times when the jackpot is under $150 million.
Draw Schedule:
- Powerball drawings take place every Monday, Wednesday, and Saturday at 10:59 p.m. ET.
- Players have the opportunity to participate in the Double Play add-on for extra chances to win in select jurisdictions.
Odds of Winning and Prizes
While the odds of hitting the Powerball jackpot are slim at 1 in 292.2 million, there are other ways to win smaller but significant prizes. Here’s a breakdown of prize tiers:
| Match | Prize | Odds of Winning |
|---|---|---|
| 5 + Powerball | Jackpot | 1 in 292,201,338 |
| 5 | $1 million | 1 in 11,688,054 |
| 4 + Powerball | $50,000 | 1 in 913,129 |
| 4 | $100 | 1 in 36,525 |
| 3 + Powerball | $100 | 1 in 14,494 |
| 3 | $7 | 1 in 579 |
| 2 + Powerball | $7 | 1 in 701 |
| 1 + Powerball | $4 | 1 in 92 |
| Powerball only | $4 | 1 in 38 |
Adding the Power Play can multiply non-jackpot prizes by 2x, 3x, 4x, 5x, or 10x, depending on the draw.
Tips for Claiming Your Prize
If you happen to be the lucky winner, you can choose between a lump-sum payment or an annuity. The lump sum for the October 4 drawing is estimated at $137.8 million before taxes, while the annuity option pays out the full $275 million over 30 years.
With the next Powerball draw just around the corner, be sure to grab your tickets and check the numbers after the draw. Who knows? You could be the next big winner!
Conclusion
As the Powerball jackpot climbs to $275 million, players across the country are eagerly awaiting the results of the October 4 draw. With life-changing money on the line, don’t forget to check your numbers and consider opting for the Power Play to increase your chances of winning! Good luck!
