The Powerball jackpot has now reached an estimated $268 million, with a cash option of $122.3 million.
Eligibility: You don't need to be a U.S. citizen or resident to participate in Powerball. Non-U.S. residents can purchase tickets while visiting a jurisdiction where Powerball is available, provided they meet the legal age requirement.
How to Play: Each ticket costs $2. Players select five numbers from 1 to 69 and one Powerball number from 1 to 26.
Draw Schedule: Drawings are held three times a week—Monday, Wednesday, and Saturday at 10:59 p.m. ET.
Taxation: Lottery winnings are subject to federal and state taxes. For non-U.S. residents, federal withholding is typically 30%, and additional state taxes may apply, varying by jurisdiction.
Payment Options: Jackpot winners can choose between a lump-sum cash payment or an annuity. The annuity provides an initial payment followed by 29 annual payments, each increasing by 5%.
Ticket Purchase Deadline: The cutoff time for purchasing tickets varies by jurisdiction but is generally one to two hours before the drawing.
Unclaimed Prizes: Winners typically have 180 days from the draw date to claim their prize. Unclaimed prizes are forfeited after this period.
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