The Match 5 prize with Power Play is always $2 million. The 10X multiplier is only in play when the advertised jackpot annuity is $150 million or less. The multiplier number is randomly selected before each drawing. Both advertised prize options are prior to federal and jurisdictional taxes.Īsk for Power Play® with your Powerball purchase!įor an additional $1 per play, the Power Play feature can multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times! Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment. The current Powerball jackpot is worth an estimated 280 million with a cash option of 128.9 million. If, say, the tax bracket that 150,000 is in starts from 95,376, you’ll only have to pay 24 on the income that surpasses it. The jackpot is won by matching all five white balls in any order and the red Powerball. You don’t have to pay 24 on the entire 145,000 though. Players win a prize by matching one of the 9 ways to win. You can find the latest Tennessee Powerball jackpot amounts here on the. Once one or multiple winners have hit the grand prize, the Powerball resets to the minimum jackpot. How much is the TN Powerball jackpot Powerball jackpots roll over until there is a winner or multiple winners.

The Powerball jackpot grows until it is won. What time is the Tennessee Powerball drawing 10:59 PM ET.

Select five numbers between 1 and 69 for the white balls, then select one number between 1Ĭhoose your numbers on a play slip or let the lottery terminal randomly pick your numbers.ĭrawings are held every Monday, Wednesday, and Saturday at 10:59 pm ET at the Florida Lottery draw studio in Tallahasee. In Idaho and Montana, Powerball is bundled with Power Play® for a minimum purchase price of $3 per play.

Tn powerball current jackpot amount