To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10. 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10. 2) / 5, which is $4. 1-9: $2.20: 5-2: $7.00: 1-5: $2.40: 3-1: $8.00: 2-5: $2.80: 7-2: $9.00: 1-2: $3.00: 4-1: $10.00: 3-5: $3.20: 9-2: $11.00: 4-5: $3.60: 5-1: $12.00: Even: $4.00: 6-1: $14.00: 6-5: $4.40: 10-1: $22.00: 7-5: $4.80: 12-1: $26.00: 3-2: $5.00: 15-1: $32.00: 8-5: $5.20: 20-1: $42.00: 9-5: $5.60: 50-1: $102.00: 2-1: $6.00: 60-1: $122.00.
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.
Here is the calculation: winnings = (odds. stake) – stake. Let’s illustrate it with some examples. 9.0 can be calculated as (9.0. £10 stake) – £10 stake = £80 winnings. 4.0 can be calculated as (4.0. £10 stake) – £10 stake = £30 winnings. 2.5 can be calculated as (2.5. £10 stake) – £10 stake = £15 winnings. Another example of decimal odds in action would be betting on NHL game with odds of 9.0. A $10 stake on odds of 9.0 would earn a total payout of $90 with $80 being won from the sportsbook and your initial $10 stake being returned. You can use the following formula to calculate potential returns with decimal odds: Calculating total payout: Odds.
How does 9-2 betting odds pay out? Asked by Wiki User. Wiki User Answered 2011-07-23 04:12:14. If you bet $2 and win you receive $11.
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.
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.
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
What is an each way bet? - Learn about the each way bet and all its possible outcomes. This bet can generate a return even when your selection doesn't win outright. Discover how the returns are calculated and follow the detailed examples.
Double bet calculator - For an each way wager with 2 selections, use this calculator. Please be sure to manually select the Each Way option from the dropdown box. Both selections must at least place to gain a return.
Treble bet calculator - Combine 3 selections into an each way treble and calculate the returns with this calculator. Just choose the option from the drop down menu and enter your details. Note that all selections must finish in a placing position to achieve a return.
Accumulator bet calculator - Supports up to 20 selections in an each way accumulator. Choose your options and enter the odds for the returns to be calculated. Supports rule 4 deductions, dead heats, non runners, fold betting and more.
An Each Way bet is essentially split into 2 bets. The first part of the bet is a WIN bet on your selection, and the second is that they will PLACE, the place bet will vary per race or event, but it will generally be to finish in the top 4 or 5.
When you place an Each Way bet your stake is doubled; so a £5 Each Way bet would require a £10 stake. £5 will go on the win portion and £5 on the place portion.
The place portion of the bet will be represented using a fraction of the winning odds. So for instance, if the each way fraction is 1/5 and the winning odds are 10/1 and you place a £5 each way bet, then your win portion has potential returns of £55 (£50 + £5) and the place portion potential returns of £15 (£10 + £5). If your selection wins you will receive both these returns if they place then you will only receive the second returns for that portion of the bet.
The main advantage of an Each Way bet is that it increases your chance of a win. If the odds are long already then the potential returns if your selection places may still be attractive.
On the downside Each Way bets require a greater initial stake as your stake is essentially doubled and if your selection already has low odds then the returns may be significantly less attractive once you discount the win portion of your stake.