- Powerball (Australia)
Powerball is a
lottery operated byNew South Wales Lotteries inNew South Wales and theAustralian Capital Territory ,Tattersalls in Victoria andTasmania ,Golden Casket inQueensland ,South Australia Lotteries Commission forSouth Australia andLotterywest inWestern Australia .Australian Powerball is similar to
Powerball operated in theUnited States . Five regular numbers are picked from one pool of 45, with the Powerball drawn from a separate pool of 45 numbers. Thejackpot typically maxes out at AU$33 million, with usually only one first division winner. However, there are major differences between the US and Australian versions; in the US, a ticket automatically wins by matching the Powerball (the US game has only 42 possible Powerballs) while in Australia three numbers are needed (three of the five regular numbers, or two plus the Powerball.) The US jackpot is annuitized (with a cash option) while Australians always collect in lump sum. Finally, US lottery prizes are taxable, whilst there are no taxes collected on Australian Powerball winners.Still another difference is that all Australian Powerball prizes are
parimutuel , versus fixed prizes on a US$1 wager in the states (e.g. US$3 for matching Powerball only; US$4 for 1+PB, etc.) on non-jackpot prizes.On
1 March 2007 , the Jackpot (Division 1) was $33 million, the highest ever prize given out in a drawing.On
5 June 2008 , the Jackpot (Division 1) was $58,737,207.41, the highest ever prize jackpot in Australian history.Odds
External links
* [http://www.nswlotteries.com.au/powerball/index.html Powerball in New South Wales]
* [http://www.goldencasket.com/results/latest.asp?game=Powerball Powerball in Queensland]
* [http://www.salotteries.sa.gov.au/powerball/results.asp Powerball in South Australia]
* [http://www.lottery.wa.gov.au/asp/index.asp?pgid=550 Powerball in Western Australia]
** [http://www.lotterywest.wa.gov.au/dividends.php?game=powerball Powerball Results in Western Australia]
* [https://site10.lotto.tatts.com/Result/LatestResultspowerballPopup.aspx Powerball in Victoria & Tasmania]
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