More people are gaining interest in lottery games. Power Ball Lottery and Mega millions lotto remain one of the most sought after lottery games among the residents of America. However, its fame is not restricted within the boundaries of the United States alone. Anyone who has an interest in lottery games must have surely heard about Power Ball lottery and Mega millions lotto. However, for novices who want to participate, here is a chance to learn the difference between the two games.
Powerball can be considered as a combined cash game and a jackpot lottery game. Every week on Wednesday and Saturday at exactly 10:59 P.M. EST, five white balls are drawn from a drum of 59 balls and one red ball is taken out of a drum consisting of 39 balls. The ticket sales for the draw are stopped at least 59 minutes prior to the draw. However, you need to make sure what the local cut off time is.
There are 9 ways to win cash prize in Power Ball lottery. The jackpot is hit when the player matches all 5 white ball numbers and one red Powerball number. The cost of the ticket is $1. When the player hits a jackpot, he/she can either opt for a lump sum payment where the prize money is reduced to half its amount or opt for annual installments divided into 30 installments over 29 years. If the player opts for annual payments, the yearly installment is slightly increased every year based on the percentage set by game rules.
The second prize can be won when the player matches numbers in five white balls in any order. A cash prize of $200,000 is rewarded to the winner. Any time the red ball is matched, the player wins. With the power play option, players are allowed to multiple their winnings up to 5 times the original amount. However, this doesn’t take the jackpot into account.
Mega millions Lotto
Mega millions lotto is quite similar to power ball lottery. However, there are some differences that make this game unique. Players have to pick 6 numbers in total- 5 numbers from a pool of 56 numbers, and 1 number from a pool of 46 numbers. The jackpot is won when all the numbers match. The cost of the ticket is $1.00 for each play, and if you opt for the multiplier option, it costs an extra $1.00.
The multiplier option in Mega millions lotto allows the winner to multiply his non jackpot winnings. The jackpot amount can be availed as annual installments spread over 26 years or as a lump sum payment. Apart from the jackpot, cash rewards ranging from $2 to $250,000 can be won.