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Number Frequency

Number Draw Frequency
No.

Freq.

Freq. Last Drawn
1 71 Sep 10, 1997
2 64 Oct 11, 1997
3 63 Aug 30, 1997
4 61 Jul 19, 1997
5 52 Oct 22, 1997
6 71 Oct 29, 1997
7 61 Oct 15, 1997
8 64 Sep 13, 1997
9 69 Oct 22, 1997
10 68 Oct 8, 1997
11 77 Oct 29, 1997
12 58 Sep 24, 1997
13 61 Oct 29, 1997
14 54 Oct 18, 1997
15 77 Oct 25, 1997
16 64 Oct 18, 1997
17 69 Aug 13, 1997
18 60 Oct 1, 1997
19 64 Oct 18, 1997
20 56 Oct 11, 1997
21 65 Oct 18, 1997
22 70 Nov 1, 1997
23 71 Oct 25, 1997
24 69 Oct 25, 1997
25 67 Nov 1, 1997
26 74 Oct 29, 1997
27 70 Aug 9, 1997
28 72 Nov 1, 1997
29 59 Aug 30, 1997
30 49 Jul 30, 1997
31 66 Oct 4, 1997
32 52 Oct 29, 1997
33 61 Nov 1, 1997
34 64 Oct 15, 1997
35 78 Oct 25, 1997
36 72 Oct 1, 1997
37 47 Nov 1, 1997
38 63 Aug 27, 1997
39 63 Sep 24, 1997
40 58 Oct 22, 1997
41 61 Sep 27, 1997
42 67 Oct 11, 1997
43 61 Oct 22, 1997
44 65 Oct 1, 1997
45 62 Sep 13, 1997
Powerball Draw Frequency
No.

Freq.

Freq. Last Drawn
1 16 Jul 19, 1997
2 9 Sep 21, 1996
3 13 Oct 11, 1997
4 10 May 7, 1997
5 10 Aug 10, 1996
6 16 Oct 18, 1997
7 9 Feb 15, 1997
8 10 Oct 15, 1997
9 20 Oct 1, 1997
10 21 Aug 6, 1997
11 15 Oct 8, 1997
12 24 Aug 9, 1997
13 14 May 24, 1997
14 7 Jul 12, 1997
15 9 Feb 10, 1996
16 12 Jun 25, 1997
17 10 May 31, 1997
18 14 Sep 17, 1997
19 16 Aug 27, 1997
20 12 Nov 1, 1997
21 9 Nov 16, 1996
22 15 Sep 13, 1997
23 9 Aug 20, 1997
24 14 Oct 22, 1997
25 6 Mar 29, 1997
26 20 Jul 24, 1996
27 13 Jan 25, 1997
28 13 Oct 4, 1997
29 16 Sep 6, 1997
30 8 Oct 25, 1997
31 11 Apr 19, 1997
32 7 Apr 30, 1997
33 13 Sep 20, 1997
34 12 Jan 18, 1997
35 14 May 10, 1997
36 11 May 17, 1997
37 17 Oct 29, 1997
38 10 Jul 2, 1997
39 11 Sep 28, 1996
40 14 Jun 4, 1997
41 9 Sep 9, 1995
42 18 Sep 3, 1997
43 14 Jun 21, 1997
44 14 Jan 1, 1997
45 13 Dec 21, 1996

Why is the cash option always a different percentage of the annuity from draw to draw?

If you’re calculating what percentage the cash value is of the annuity, then you’re looking at it backwards. The cash value is the starting point, as it is a direct percentage of ticket sales. Then the annuity amount is calculated from that, based on prevailing interest rates. Since the interest rates are constantly changing, the annuity amount calculated on one day will be a different number than if it is calculated the next day. So when a drawing occurs and the lottery has to estimate the next annuity jackpot, they first estimate the number of tickets that will be sold for the next drawing, which determines what the cash value estimate is (because a fixed percentage of each ticket sold goes toward prizes). Then they finally calculate what the annuity will be based on the current interest rates.

Cash vs Annuity

Powerball jackpot winners have the option of receiving their winnings as a one-off cash lump sum, or as annuity payments.

The annuity option entitles you to the full advertised jackpot amount (minus taxes), in 30 payments over 29 years. The first payment will be made immediately and each subsequent payment increases by 5%.

The benefits of annuity payments are that you receive the full jackpot amount, as opposed to a reduced cash value (see below), and you have the security of receiving a steady income for the foreseeable future.

Many winners choose to receive the jackpot as a one-off cash lump sum. However, the value of a lump sum payout is always less than it would be for the annuity option. This is because the cash prize represents the actual funds in the jackpot pool at the time of the draw, while the annuity value is based on the lottery’s expected return from investing the cash sum over 29 years. The annuity sum is guaranteed to the player and they receive the full amount even if the lottery makes investments that do not achieve the expected return.

If an annuity winner dies before receiving all of their payments, the prize transfers to their estate or to a beneficiary designated by them. Different states have different rules on whether the estate receives annual payments or the balance of the award.

PowerPlay

Power Play is a multiplier option. For an extra US $1 per ticket you can add Power Play. You don’t have to choose any extra numbers for this. Rather than improving your chances of a win, Power Play increases the amount of prize money you receive if you do win.

One Power Play number is randomly selected from a pool of 42, marked with multipliers from 2x to 5x. If the jackpot is less than US $150 million, one extra 10x multiplier is added. Whichever multiplier is drawn, non-jackpot prizes are multiplied by that amount, for winning tickets with the Power Play option selected. This excludes the jackpot and any wins for five numbers matched (where the top prize is doubled to US $2 million).

Annuity vs. Cash

98% of Powerball jackpot winners chose to take the cash option. Or to put it another way, only 4 winners in the last 13 years (2003 – 2016) chose the annuity option.

If you win the Powerball jackpot, you have the option of taking an annuity – an annual payment over 30 instalments – or a cash lump sum paid to you in full. You’ll see there’s quite a difference between the two. This is because the cash lump sum pays out whatever’s in the jackpot fund, whereas the annuity includes both the cash sum and the interest generated by investing it over the next 29 years. The value of the annuity option also has the added benefit of increasing by 5% annually.

Prize Rules

Powerball prizes must be claimed in the state where the tickets were purchased. Each state has its own rules about when prizes must be claimed and it is the responsibility of the player to come forward in time. Visit the How to Claim page for more information. Winning tickets must be checked and validated by the lottery operator in the state where the ticket was bought, or by an agent of the operator, such as an authorized retailer, before prizes can be paid out.

Anyone who wins a large Powerball prize must pay federal taxes in the US, regardless of whether or not they are a resident. This is set at a rate depending on your total annual income (including money from lottery winnings). The lottery makes an immediate 25 percent federal withholding on prizes of more than $5,000, and most states levy a local withholding, although Tennessee and South Dakota do not.

Below are the tax withholdings by state, although certain other factors – such as residency – could affect these. For further advice, consult a professional financial advisor.

State Taxes on Powerball Payouts
State/Jurisdiction State Tax
Arizona 5.0%
Arkansas 7.0%
California 0.0%
Colorado 4.0%
Connecticut 7.0%
Delaware 6.6%
Florida 0.0%
Georgia 6.0%
Idaho 7.4%
Illinois 3.8%
Indiana 3.4%
Iowa 5.0%
Kansas 5.0%
Kentucky 6.0%
Louisiana 5.0%
Maryland 8.8%
Maine 5.0%
Massachusetts 5.0%
Michigan 4.3%
Minnesota 7.3%
Missouri 4.0%
Montana 6.9%
Nebraska 5.0%
New Hampshire 0.0%
New Jersey 3.0%
New Mexico 6.0%
New York 8.8%
North Carolina 5.8%
North Dakota 2.9%
Ohio 4.0%
Oklahoma 4.0%
Oregon 8.0%
Pennsylvania 3.1%
Puerto Rico 0.0%
Rhode Island 6.0%
South Carolina 7.0%
South Dakota 0.0%
Tennessee 0.0%
Texas 0.0%
U.S. Virgin Islands 0.0%
Vermont 6.0%
Virginia 4.0%
Washington D.C 8.5%
Washington State 0.0%
West Virginia 6.5%
Wisconsin 7.8%
Wyoming 0.0%
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