The odds of winning the POWERBALL jackpot are 1 in 292,201,338.
All POWERBALL prizes are set payouts, except the jackpot. The jackpot prize will be shared among winners in all POWERBALL states. The jackpot will be paid in 30 annual payments or a one-time cash payment of a reduced amount. If there is no jackpot winner, the money in the jackpot pool rolls over to the next POWERBALL drawing.
Image Credit: Brevard Times / file photo.