New York Powerball Results, Intelligent Picks, Lotto Wheels
New York Powerball News and Payout for Wednesday, November 25th, 2020
Even though the jackpot was not awarded Wednesday evening, Powerball had some big winners. 21 third prize winning tickets were sold across the nation. 3 additional tickets at this prize level were also wisely purchased with the Power Play option that multiplied the prize 4 times to $40,000 cash!
Additional prizes won Wednesday night included 283 tickets that matched 4 white ball numbers and won $100. 80 additional players not just matched 4 white ball, and also purchased the Power Play option, double the prizes to a total win of $200 each! Other prizes won Wednesday evening included 800 tickets that matched 3 white numbers together with Powerball and won $100. 176 additional tickets at this prize level were also bought with the Power Play option that doubled winnings to $200 cash.
With 9 ways to win, there were a total of 651,228 tickets across U.S. won $0 prizes in the Wednesday, November 25th, 2020 drawing.
Powerball is an American popular lottery game can be played in 44 participating states as a shared jackpot game. Powerball drawings occur 2 times a week every Wednesday and Saturday at 10:59 p.m. Eastern Time. To play Powerball, pick 5 numbers from a set of 69 and pick one Powerball number from a set of 26. Each play costs $2. Players can choose to pay 1 extra dollar to purchase the Power Play option, which increases the prizes except grand prize. The overall odds of winning any prizes is about 1 to 32. The chances of winning Powerball jackpot are about 1 in 292 million. The minimum Powerball advertised jackpot starts at 40 million dollar. Its annuity option is paid in 30 yearly increment payments in 29 years. Winners may select one lump sum cash payout instead.
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About New York Powerball
Like all other Powerball lotteries, the purpose of the New York Powerball lottery is the generation of revenue for the states that run it. A lot of the money it earns is also used for various social and educational programs in the state. Only half the cost of the New York Powerball lottery ticket goes towards the prize. The remaining money is retained by the lottery organization in order to pay for administrative overheads as well as the various beneficiary programs of the lottery. 25 percent of the jackpot money is kept by the federal government in the form of taxes. Winners of the New York Powerball lottery will pay 8.97 percent tax to the state and 3.6 percent to the city.
The New York Powerball is drawn every Wednesday and Saturday at 10:59 p.m. EST. Sales for the draw are stopped 59 minutes ahead of the draw. The winner of the draw has the option of taking the money as a onetime payment or as the total prize remunerated over the duration of 29 years. On choosing the latter option by the winner, then the yearly payment will be amplified with each payment. The percentage of annual rise is determined by the rules set down by the company.
How to play New York Powerball?
When Can New York Powerball Be Played
Increase Your Winnings With Power Play Option.
More About New York Powerball
Half the total sales amount for a New York Powerball draw is given out as prize money. Of this money, 64% is given out as the first prize. There are eight more prize levels and the remaining prize money will be distributed amongst them. In case a particular draw does not have a winner for the First Prize then the money is carried over to the next draw. This is done until the jackpot is won, and results in a huge prize amount in certain circumstances. The record breaking prize money happened because many consecutive draws did not have a winner. The second prize in the New York Powerball lottery is $1,000,000 and this amount is paid in cash. According to experts, the odds of winning money in the New York Powerball lottery are around 1 in 32.New York(NY) Powerball Latest Results, Past Numbers, Intelligent Picks, Power Picks, Lotto Wheels and Lotto Analysis, including Powerball Frequency Chart, Overdue Chart, Skip/Hit Chart, etc. ]]>