Powerball Australia Information
First launched in 1993, it was originally a 5 number draw, with an additional bonus number called the “Powerball.” In 2013 it became a 6 number draw, and it has since changed to 7 main numbers and the Powerball.” Powerball Australia is operated by the Tatts Group.
The biggest jackpot so far for Australian Powerball was A$150 million on 19thSeptember 2019 – it was split between three ticket holders, who got A$50 each. However, in January 2019 one player from Sydney scooped a jackpot of A$107,000,000 – that paid for a few extra shrimps on the barbie!
Powerball Australia rules and prizes
Playing Powerball Australia is easy; simply choose seven numbers, from 1-35, and a single Powerball number from 1-20. To win the jackpot you’ll need to get all 7 main numbers and the Powerball correct. However, there are 9 prize tiers in total, so the odds of winning a prize are pretty good compared to other lotteries.
Powerball Australia tax
One of the huge differences between the US and Australian Powerball lotteries is that Australian winnings are not subject to tax in Australia, and are paid in one lump sum. By contrast, the US Powerball jackpot is subject to significant tax and is usually paid in 30 annual instalments.
Remember, if you are resident outside of Australia, you will also be subject to the tax laws of your country of residence.