5 6 Odds Payout
There are nine different ways to win Powerball prizes in every draw, based on how many numbers you match. You can win $4 just for matching the Powerball, while the jackpot is won by matching all five main numbers plus the Powerball. The top prize starts at $20 million (*During the Coronavirus pandemic, the starting jackpot may be lower than this) and increases every time it is not won.
If there are multiple winners of the jackpot, it will be shared equally between them. The eight prizes below the jackpot are fixed amounts, so for these prizes there is a guaranteed payout regardless of how many winning players there are. Go to the Powerball Numbers page to see the latest prize payouts.
You’re betting on horse races and want to know how much your winning bet will give you. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second number, and then add $2 — simple as that! Following is a list of. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. Your total payout with the current odds and stake.
The reason for this is that a 6-to-5 payoff can only be paid out at the correct odds if the player wagers in multiples of $5. Dealers are also impacted by the 6-to-5 payout. If you make a $1 tip bet for the dealer in a traditional 3-2 payout game and get blackjack, the $1 tip bet would earn the dealer $1.50. But in a 6-to-5 game, they only.
Payout Chart
The Powerball payout chart below shows how many numbers you need to match to win the different prizes and the odds of winning each. You can also see statistics about past winners in each division.
| Prize Level | Payout | Odds | Fewest Ever Winners | Highest Ever Winners | Average Winners Per Draw | Winners in Last Draw |
|---|---|---|---|---|---|---|
| Match 5 + PB | Jackpot | 1 in 292,201,338 | 0 | 4 | 0.1 | 0 |
| Match 5 | $1,000,000 | 1 in 1,688,054 | 0 | 89 | 2.5 | 0 |
| Match 4 + PB | $50,000 | 1 in 913,129 | 1 | 827 | 23.4 | 13 |
| Match 4 | $100 | 1 in 36,525 | 136 | 20,544 | 705.6 | 288 |
| Match 3 + PB | $100 | 1 in 14,494 | 329 | 47,685 | 1,377.6 | 799 |
| Match 3 | $7 | 1 in 580 | 9,160 | 1,164,124 | 39,859.1 | 19,559 |
| Match 2 + PB | $7 | 1 in 701 | 7,441 | 895,097 | 25,702.0 | 17,147 |
| Match 1 + PB | $4 | 1 in 92 | 60,368 | 6,343,237 | 180,689.5 | 133,753 |
| Match 0 + PB | $4 | 1 in 38 | 0 | 14,595,721 | 404,038.2 | 322,705 |
| The overall odds of winning a Powerball prize are approximately 1 in 24.9 | ||||||
Figures calculated using results drawn between April 22nd 1992 and March 6th 2021.
For a small additional fee, you can opt to use the Power Play option which will increase the prize payout for any non-jackpot win by a multiple of 2, 3, 4 or 5 (or possibly 10 when the estimated jackpot is less than $150 million) depending on which Power Play number is drawn. Match 5 winnings are always doubled to $2 million with the Power Play option, no matter which Power Play number is drawn. This option is available in all participating states and jurisdictions except California, where prizes must be pari-mutuel according to state law.
Horse Betting Payouts
Power Play Payout Chart
Here are the expected payouts for Power Play prizes:
| Prize Level | 2 | 3 | 4 | 5 | 10 |
|---|---|---|---|---|---|
| Match 5 + PB | Jackpot | Jackpot | Jackpot | Jackpot | Jackpot |
| Match 5 | $2 million | $2 million | $2 million | $2 million | $2 million |
| Match 4 + PB | $100,000 | $150,000 | $200,000 | $250,000 | $500,000 |
| Match 4 | $200 | $300 | $400 | $500 | $1,000 |
| Match 3 + PB | $200 | $300 | $400 | $500 | $1,000 |
| Match 3 | $14 | $21 | $28 | $35 | $70 |
| Match 2 + PB | $14 | $21 | $28 | $35 | $70 |
| Match 1 + PB | $8 | $12 | $16 | $20 | $40 |
| Match 0 + PB | $8 | $12 | $16 | $20 | $40 |
The following table shows the odds of each Power Play multiplier being randomly selected when the 10x multiplier is in play (jackpot worth $150 million or less):
| Power Play Multiplier | Odds |
|---|---|
| Match 10x | 1 in 43 |
| Match 5x | 1 in 21.5 |
| Match 4x | 1 in 14.33 |
| Match 3x | 1 in 3.31 |
| Match 2x | 1 in 1.79 |
The following table shows the odds of each Power Play multiplier being randomly selected when the 10x multiplier is not in play (jackpot worth more than $150 million):
| Power Play Multiplier | Odds |
|---|---|
| Match 5x | 1 in 21 |
| Match 4x | 1 in 14 |
| Match 3x | 1 in 3.23 |
| Match 2x | 1 in 1.75 |
Don't forget to check how much tax you will pay on your powerball prizes
By Henry Tamburin
In this video, blackjack expert, Henry Tamburin, gives details on why you should never play blackjack games that pay you 6-to-5 for a blackjack, rather than the standard payoff of 3-to-2.
Topics covered include:
- how much it costs you per hour in lost winnings
- how you get shorted if you don't bet in increments of $5
- and how the even-money insurance bet is affected
There's an awful blackjack game that is spreading like wildfire in casinos throughout the US. The game is played with a singledeck of cards (that’s the come-on) and when a player gets a blackjack, he is paid at 6-to-5 instead of the traditional 3-to-2. That change in blackjack payoff increases the house edge by about700% (Yikes!). Let me show you in dollars and cents what a 6-to-5 blackjack payoff costs you.
If you bet $10 and get a blackjack in a traditional game (3-to-2 payoff on blackjack) you will win $15. In a 6-to-5 game that same $10 bet will net you only $12. So you're out $3 for everyblackjack hand that you get. On average you'll get four blackjacks per hour so for every hour you play a 6-to-5 single deck game, it costs you $12. Do you want to hand over to the casino $12per hour for the privilege of playing blackjack? Of course you wouldn't but that is exactly what you do when you play the 6-to-5 single deck game at a $10 minimum bet.
When this game was first introduced at the Flamingo Hilton in Las Vegas several years ago I thought it didn't have a chance because I mistakenly believed that players weren't going to stand forthe reduced payoff. But unfortunately I was dead wrong as uneducated players are flocking to play these 6-to-5 single deck games to the delight of casino operators. The game has since spread tocasinos in the south, mid-west, and east coast so be wary.
Why is the public enamored with this terrible game? I believe it's because the majority of players have heard for years that 'single deck blackjack games offer better odds.' That's a factand the smart basic strategy player can virtually eliminate the house edge in a traditional single deck game where blackjacks pay 3-to-2. The problem is that the traditional single deckblackjack game is hard to find these days so marketing the 'new' 6-to-5 single deck games to the gullible public has been very easy.
The 6-to-5 game has these additional pitfalls:
1. The 6-to-5 payout rule hurts all players. That means the tourists will be adversely affected by this rule as well as the more skilled basic strategy players and card counters.
2. If you wager an amount that is not divisible by 5, your payoff for a blackjack gets worse. Suppose you wagered $8 and get a blackjack. In a 6-to-5 game you'll get paid $6 for the first $5 ofyour wager and even money for the remaining $3. In other words you get paid a net of $9 which is $3 less than what you would have gotten paid in a traditional 3-to-2 game. The reason for thisis that a 6-to-5 payoff can only be paid out at the correct odds if the player wagers in multiples of $5.
3. Dealers are also impacted by the 6-to-5 payout. If you make a $1 tip bet for the dealer in a traditional 3-2 payout game and get blackjack, the $1 tip bet would earn the dealer $1.50. But ina 6-to-5 game, they only get even money because of the difficulty in paying off in small change (a $1 bet in a 6-to-5 game would pay $1.20).
4. Because the math doesn't work out with the 6-to-5 payoff, the even-money option when a player is dealt a blackjack and the dealer shows an ace is prohibited. Most novice players and lowrollers like to take the sure even money when they get a blackjack and in a 6-to-5 game, they can't.
5. For the most part card counting is not profitable on a 6-to-5 game unless you can get away with a very big bet spread.
6. You'll not find a 6-to-5 single deck game on high limit tables. The reason is that high rollers wouldn't stand for a 6-to-5 payout (the per hourly added cost for a black chip player playingheads up against the dealer in a 6-to-5 game is about $180).
It's painfully obvious that this game is being marketed to tourists and amateur players that know very little about blackjack. So be forewarned and do not play any blackjack game where playerblackjacks pay 6-to-5 (or worse: even money).
What Does 5/6 Odds Pay
Henry Tamburin has been a respected casino gambling writer for the past 50 years. He is the author of the Ultimate Blackjack Strategy Guide and was editor of the BlackjackInsider newsletter. You can read his latest articles on blackjack, video poker, and his personal playing experiences at https://www.888casino.com/blog/writers/henry-tamburin