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Powerball : How To Calculate the Probability of Winning Each Prize (What are your odds of winning?)

What are the odds of winning the Powerball jackpot? This video presents the mathematics required to calculate the probability of winning the Powerball jackpot, as well as all of the smaller prizes that can be won when playing the Powerball lottery. The contents of this video include: 0:00 - Introduction 1:00 - A description of the rules of the Powerball lottery 2:10 - Calculating the probability of winning the jackpot 10:03 - Probability of matching 5 numbers without the Powerball ($1,000,000 win) 12:45 - Probability of matching 4 numbers with the Powerball ($50,000 win) 16:20 - Probability of matching 4 numbers without the Powerball ($100 win) 17:39 - Probability of matching 3 numbers with the Powerball ($100 win) 20:46 - Probability of matching 3 numbers without the Powerball ($7 win) 21:50 - Probability of matching 2 numbers with the Powerball ($7 win) 24:40 - Probability of matching 1 number with the Powerball ($4 win) 26:56 - Probability of matching only the Powerball ($4 win) 29:13 - A summary of all probabilities of winning If you have any questions, feel free to ask in the comments section.