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History of the Oz Powerball
The Australian Powerball lottery game, otherwise known as “Oz Powerball”, was launched on the 23rd of May in the year 1996. Since then, it has evolved into one of the most popular lottery games in Australia. The format of the game has remained mostly the same over the years, with the exception of one format change.
The Oz Powerball lottery is run by Tattersalls, South Australian Lotteries and Lotterywest. On the 1st of March 2013, new rules were put in place which meant that players had to match more numbers from a smaller ball pool in order to secure the jackpot prize. This new format has resulted in much bigger jackpots as a result. The amazing thing about this lottery is that winners are not taxed on their prize money.
The host of the Oz Powerball lottery is known as Troy Ellis. He presents the broadcast of the Oz Powerball draws on Television if the First prize tier pool has hit at least $15 million.
Oz Powerball Draws Every Tuesday!
Players can enter their lucky numbers any day of the week for the Oz Powerball draws that happen every
Thursday, ACT (Local Australian Time).
Who can play?
The Oz Powerball draw takes place every Thursday and offers players a minimum jackpot of AUD $3 million for each draw. Prizes for matching two main numbers as well as the Powerball number (bonus number) are also awarded to lucky winners.
The amazing thing about this lottery is that you don’t necessarily have to be an Australian resident to play this lottery. All draws are held in Australia, but tickets can be purchased from anywhere in the world through online lottery vendors, provided you are 18 years or over.
If you’re 18 years or older, you’re passionate about getting lucky, and you enjoy the thrill of changing your fortune, then you are the perfect player!
How to Play Oz Lotto
Oz Lotto has a guaranteed minimum Division 1 prize pool of $2 million. When playing Oz Lotto, players are required to choose seven numbers out of a possible 45 for a single game. When the draws take place every Tuesday, 9 balls are drawn at random from the total 45. The first seven drawn will be the winning numbers, and the last two are extra numbers used to determine prizes in the second, fourth and seventh prize tiers.
In order to win the jackpot, a player must match all seven chosen numbers in a single game. In order to win something, let’s say, the seventh division pool, a player will need to match three main numbers.
Oz Powerball Prize Structure
|Division||Ball Matches||Prize Pool%|
|1||Match six main balls and the Powerball||40%|
|2||Match six main balls||3.25%|
|3||Match five and the Powerball||3.4%|
|4||Match five main balls||1.9%|
|5||Match 4 main balls and the Powerball||1.45%|
|6||Match three main balls and the Powerball||12.65%|
|7||Match 4 main balls||11.35%|
|8||Match two main balls and the Powerball||26%|
The new game format introduced on the 1st of March 2013 means that much bigger jackpot prizes are now possible. Once the top prize reaches AUD $10 million, a minimum of AUD $10 million is added to the jackpot pool with each rollover that happens. Very exciting stuff that will certainly get your pulses racing.
Ticket holders need to match six main numbers from a pool of 40, along with the Powerball numbers drawn from a pool of 20 to take home the jackpot prize. But that doesn’t mean that you walk away empty handed if you don’t win the jackpot. There are also other cash prizes available to lucky players who match two main balls and the Powerball as well as matching six main balls. Here are the prize divisions:
The new format does mean that the overall odds of winning a prize in the Oz Powerball game have decreased from 1 in 120 to 1 in 78! Which means that the jackpot might be a little bit harder to reach, BUT, on the plus side, you have higher chances of scooping a nice cash prize, and looking forward to even bigger jackpots in the future.
What might interest you is that there are major differences between the Australian and American version of Powerball. In the US, a ticket automatically wins if it matches the Powerball number. The American game has 39 balls. With Oz Powerball, a minimum of three numbers are needed, being, two regular numbers plus the Powerball. Americans have the option of taking their jackpot win in the form of an annuity or cash option, whereas Australia only offers the lump sum option. Probably the main difference between the two that makes Oz Powerball particularly special, is the fact that winners are not taxed on their winnings. Americans do get taxed.
Distribution of Revenue
Oz Powerball is owned and licensed by Tatts Group Limited, the only official Government licensed operator in Australia. It operates under the “Tatts” brand in Victoria, Tasmania, and the Northern Territory. Oz Lotto, is therefore administered by Tattersall’s.
So, the question on most lottery players’ lips is: What happens to unclaimed lottery prizes? You will be surprised, but the reality is that there are millions of dollars’ worth of unclaimed lotto prizes every year. A report was released in 2015 whereby it reflected close to $14 million in unclaimed prize money.
Seven of those prizes were worth over $1 million each and three were close to over $ 2 million. You might be asking yourself, “How in the world are these players not aware that they are sitting on so much money?” Well, the reality of the matter is that these players have either forgotten they had bought tickets, lost their tickets, put them through the wash, or had it blown out the car window. The possibilities go on and on.
In each state of Australia, there are different ways in which the lottery handles unclaimed winnings. In New South Wales and the Australian Capital Territory, winners have six years to claim their money. After that time has expired, the money goes to state government. Players from Queensland have even longer to claim, seven years, before it goes to government. And what does government do with the money in Queensland? It wither goes towards good causes or lotto promotional draws.
Australians from Victoria are lucky because their prizes don’t expire but are transferred to the state revenue office after six months where they still have the opportunity to claim their money. South Australians have the least amount of time, approximately 12 months. In Western Australia, unclaimed prize money after 12 months will be forfeited.
All of the forfeited prizes are given to the Australian government for distribution to community projects and charities. Apart from prizes paid out to players, operating costs and commission to online retailers, the balance of the money spent on lottery tickets is returned to the Australian community. Public hospitals and the State’s health services, as well as sporting organisations, arts and cultural groups, and thousands of charities and community groups receive major attention. 34 cents in every dollar spent on a lottery product goes towards these causes.
Charities sponsored by Oz Powerball
Revenue made from Oz Powerball is collected together with other popular Australian lotteries to enhance the quality of life and wellbeing of all Australians. On its own, Oz Powerball generated $173.3 million in 2013. In a revenue report on the Western Australian government’s site, it showed that a total of $274.5 million was allocated to the Western Australian community. $121 million was given to hospitals, $15 million to sports, $15.1 million to the arts, and $123.3 million to grants including:
- $7 million to the University of Western Australia
- $7 million to ScreenWest for the support of the screen industry
- $109.3 million to charitable and community groups
- 1299 approved grants to 1034 different organisations.