What is Australian Powerball?

Australian Powerball is one of the continent’s most popular lotteries. With a record jackpot of $80,000,000 AUD it is easy to see why this draw is so popular!.

How To Play Australian Powerball:

For the top prize you need to match 7 correct numbers out of the 1-35 available plus another 1 powerball/bonus ball out of a possible 20. You can choose between buying a single ticket or pooling together and joining a group game. Group games are better option if you want to increase your chances without spending a fortune.

Australian Powerball History:

The first draw took place in May 1996. There were little, to no changes in the beginning, then, in March 2013 the 8th Division prize tier was introduced. This offered prizes for matching a combination of just two numbers from the main pool and the Powerball number. The largest Australia Powerball jackpot prize was AUD$80 million, which was won in July 2009 by two ticket-holders – one in Victoria, and the other in New South Wales.

Taxes

Winnings from Australia Powerball are tax free within the country, but if you are playing from overseas then it is best to take advice on tax liabilities in your country.

What Happens if I Win?

When you win a jackpot you will have a two options as to how you would like to claim your winnings. The first is the most common, where jackpot winners’ are paid in multiple annual payments, depending on your preference. The time period you have to claim your prize depends on where the ticket was bought for example, in the Northern Territory, Victoria and Tasmania you will have up to 6 months from the date of the draw to claim your prize. However, If you bought a ticket in Western Australia or Southern Australia you will have 12 months from the date of the draw. Finally, in New South Wales, all Australian Powerball prizes must be claimed within 6 years of the draw date.

Tips & Tricks For Increasing Your Odds:

The best way to increase your odds is to buy group game tickets. It’s pure logic & math. When you buy group game tickets you essentially ‘pool together’ your tickets and therefore increase your odds immensely. For example: If you wanted to buy a single ticket for a Australian Powerball draw it will cost you around $2 AUD offline, and anywhere up to $6 AUD per ticket online. With a group game option you buy shares in a group of tickets online. 50 tickets could make up one group (groups can be anywhere from 30-100 tickets grouped together). This group of 50 tickets is then split into 100 shares and each share can be sold separately, this way the player can buy a share in a group of 50 tickets for a prices much cheaper, as little as €0.19 per ticket. If one of the group’s ticket is a winner then the winning amount will be split according to how many shares you have in the group. So, if we have a group of 50 tickets, split into 100 shares and you buy 10 shares in the group, you own 10% of the group of 50 tickets. This means if the group of tickets has a winner in it, say $100,000.00 AUD you would receive 10% of this total, meaning you would win $10,000.00 AUD