Powerball Winning Numbers and Results October 2, 2013: Watch Live Stream of Drawing
The Powerball draw is scheduled for tonight, and a lucky winner could be the next multi-millionaire.
The jackpot prize for the national lottery has hit $70 million already, just a few weeks after someone won one of the highest Powerball pot prizes at $400 million.
The draw, happening at 10:59 p.m. ET, will offer the lottery winner an option to be paid in annuities or to bring home the pot prize through a cash option. Annuity payments are offered to winners over a 29-year period, with the pot prize being given in 30 payments. Winners also have the option to receive the winnings through cash, but a lower amount will be awarded for this option. For tonight's jackpot, the winner can bring home $40.1 million if received through the cash option.
Betters who want to join the lottery can purchase a $2 ticket from corresponding Powerball ticket retailers. Lotto players will than have nine chances of winning in the game. For a better to win the jackpot, he or she must match all five white balls drawn from a drum of 59 balls, and the red Powerball number drawn from 39 other red balls. Matching the five white balls will award $1 million. Other money prizes are $10,000, $100, $7 and $4.
While the ticketing and betting process is very easy, according to the Powerball official website, the odds of winning the jackpot prize is 1 in 175,223,510.00. Those who aim to at least bring home $1 million will have to beat the odds of 1 in 5,153,632.65.
Just this September, someone was able to beat these odds and bagged $400 million. The winning ticket was reportedly sold in South Carolina.
Powerball draws take place every Wednesday and Saturday at 10:59 p.m. and is aired in several TV stations across the U.S.
You can watch the live stream of the draws here.
Subscribe to Latin Post!
Sign up for our free newsletter for the Latest coverage!