The odds of hitting the Powerball jackpot are 292,201,388 to 1. A player who buys a $2 ticket has about a 1 in 11,688,053 chance to match five numbers and win at least $1 million, while the odds are 913,129 to 1 to win a third prize of at least $50,000.

The cost is $2 per ticket, but you can add the Power Play for $1, which will increase the amount of your potential prize up to five times the original prize (except for the jackpot and Match 5). There is also a 10x Power Play possibility when the jackpot is less than $150 million.

The Powerball jackpot increased to $145 million after there was no jackpot winner in the drawing on Christmas.