If you’ve been playing the lotto for some time, you probably know that the chances of winning the lotto are very slim, but when you decide to invest your time and hard-earned cash in trying to win the lotto, the rewards can really be quite good. So what makes Powerball so much more likely to pay off for you than the average lottery game? For one thing, the jackpot is bigger. It can potentially pay out thousands of dollars, or even millions for the larger jackpots. For another, Powerball winners tend to stay to play even after their initial purchase.
On top of these benefits, there’s also the date and time of the draw. For example, the Powerball game is scheduled for Friday, Tuesday, and Saturday nights. This means that anyone with a keen interest in winning Powerball can find the best odds on the corresponding weekend or day. For example, a Powerball winner from Wednesday to Saturday would have an easier time of finding their luck during those times.
Now let’s look at the big picture. What if there was a way to find the Powerball game schedule so that someone could take advantage of the huge jackpot on Saturday night? Would it still be worth the effort to play Powerball on those weekends? The answer to this question might surprise you.
The reason why Powerball pays off better in the long run is because there are more chances of hitting the jackpot on Wednesdays and Fridays. There are only two days when there are fewer chances of winning. For instance, there are only two meetings between Powerball winners on Wednesdays, and on Saturday. In comparison, there are five meetings between Powerball winners on Mondays, and eight meetings on Tuesdays, and five meetings on Thursdays. On those days when there are more Powerball winners, the prices for Powerball tickets drop significantly.
Of course, there is always that quick pick ticket offered by the Powerball office for just one dollar. However, if you get lucky and know when there will be a drawing for the million jackpot, then you should buy the quick pick ticket, as the prize for winning that Powerball jackpot is ten million dollars. If by chance, you hit the second-biggest jackpot and get a ticket for it, your payoff from that Powerball drawing will likely be higher than from the first Powerball drawing.
So how does that make sense? In Florida, the state law allows Powerball winners to claim their prize at the instant that they purchase Powerball tickets. With that said, and considering the fact that there are only two days per week when the draw takes place, most likely the Powerball office will have its drawing during the weekdays of Saturday and Sunday. Therefore, if you plan on going to the Florida lottery headquarters during the weekdays of Saturday and Sunday, then purchasing your Powerball tickets prior to the draw will give you better chances of getting the prize.
The bonus commission that Powerball winners earn is also worth taking note of. The bonus commission pertains to the value of one’s winnings from Powerball to the total value of one’s winnings from all the other Powerball games played in the same week. That means that the Powerball winner gets the bonus commission on his entire winnings from all of the different Powerball games played in that week. Although the bonus commission varies from one Powerball game to another, Powerball winners still get a generous part of that bonus. The more Powerball games played per week, the larger the bonus commission on the winner’s winnings.
So, there are several ways for Powerball jackpot winners to increase their chances of winning a Powerball jackpot. There are no real limitations on the chances of winning because Powerball players can choose from a number of random drawings. There is, however, a limitation of the actual amount of money that can be deposited in the drawing. Powerball players who place a higher stake of their winnings into the Powerball drawing may have a bigger chance of winning that a person who places a lesser amount of their winnings would have.