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Is Powerball Xs & Os Worth $5?

At the $2 million jackpot advertised for Sunday, November 1, one $5 play is worth about $1.74 before taxes, using the prizes Powerball Xs & Os has actually paid in its 7 drawings. That is 35% of the ticket price. Paid at the full prize chart every week, it would be $1.85, or 37%. For a play to be worth its $5 on average, the jackpot would have to reach about $36.29 million.

Value of a $5 play
$1.74
Returned per $1
$0.35
Break-even jackpot
$36.29 million
Next jackpot
$2 million

Where the value of a play comes from

MatchOddsAverage paidValue per playAt chart prize
8 of 81 in 10,518,300$2 million$0.19$0.19
7 of 81 in 54,783$17,214$0.31$0.37
6 of 81 in 1,361$434$0.32$0.37
5 of 81 in 92.8$39.14$0.42$0.43
4 of 81 in 14.14$7.00$0.50$0.50
Total for a $5 play$1.74$1.85
Value per play = prize x chance of matching exactly that many teams. Odds come from the math: 8 teams drawn from 32 gives 10,518,300 possible draws. Before taxes; the jackpot row assumes an unshared win. "Average paid" is the mean of what each draw has paid per winning play (draw-by-draw payouts).

Popular teams shrink the payouts

The prizes below the jackpot are shared within each tier, so a draw full of teams many people pick produces extra winners and smaller checks. The first draw had about 2.5 times the 6-of-8 winners that random picks would produce, and it paid $500 for 7 of 8 instead of $20,000. The columns compare each draw's winners with what the estimated number of plays would produce if everyone picked at random.

DrawTeams drawnEst. plays6 of 8 winners7 of 8 winners7 of 8 paid
October 25, 2026
Carolina PanthersCleveland BrownsDallas CowboysGreen Bay PackersLas Vegas RaidersNew England PatriotsNew York GiantsSan Francisco 49ers
224,360179 (1.1x expected)2 (0.5x expected)$20,000
October 18, 2026
Baltimore RavensDetroit LionsGreen Bay PackersJacksonville JaguarsLas Vegas RaidersMiami DolphinsSeattle SeahawksTampa Bay Buccaneers
207,447164 (1.1x expected)4 (1.1x expected)$20,000
October 11, 2026
Arizona CardinalsDenver BroncosDetroit LionsMiami DolphinsMinnesota VikingsNew York GiantsTennessee TitansWashington Commanders
204,746138 (0.9x expected)5 (1.3x expected)$20,000
October 4, 2026
Atlanta FalconsBaltimore RavensCarolina PanthersDenver BroncosDetroit LionsJacksonville JaguarsLos Angeles ChargersWashington Commanders
240,014176 (1x expected)2 (0.5x expected)$20,000
September 27, 2026
Arizona CardinalsCleveland BrownsDetroit LionsHouston TexansMiami DolphinsMinnesota VikingsNew England PatriotsWashington Commanders
360,947298 (1.1x expected)10 (1.5x expected)$20,000
September 20, 2026
Cincinnati BengalsDallas CowboysJacksonville JaguarsLas Vegas RaidersMiami DolphinsNew Orleans SaintsPhiladelphia EaglesSan Francisco 49ers
421,965268 (0.9x expected)6 (0.8x expected)$20,000
September 13, 2026
Chicago BearsDallas CowboysGreen Bay PackersKansas City ChiefsPhiladelphia EaglesPittsburgh SteelersSan Francisco 49ersTampa Bay Buccaneers
444,350810 (2.5x expected)19 (2.3x expected)$500
Plays are estimated from match-4 winners x 14.14 (one play in 14.14 matches exactly 4). Match 4 is the most common prize, so it moves least with which teams came up. "Expected" is what that many random plays would produce.

How it compares to Powerball

Xs & Os trades a far smaller jackpot for far better odds of hitting it: 1 in 10,518,300against Powerball's 1 in 292,201,338, about 28 times better, and the prize is all cash with no annuity. The catch is the price. At $5 a play, most of what you get back comes from the $7 and $40 prizes, and the jackpot adds little until it grows into the tens of millions. See the Powerball analysis for the same math on the big game.

Frequently Asked Questions

Is Powerball Xs & Os worth $5?
Not as an investment. At a $2 million jackpot a play returns about $1.74 on average, 35% of what it costs. Most of that comes from the small prizes: matching 4 or 5 teams happens about once every 12 plays. The jackpot itself adds only $0.19 per play because 1 in 10,518,300 is a long shot even though it is far better than Powerball's.
How big would the jackpot need to be to break even?
About $36.29 million at the prizes paid so far, or $35.15 million if every lower prize paid the full chart amount. Both are before taxes and assume you would not share the jackpot.
How many people play Powerball Xs & Os?
The lottery does not publish sales, but the winner counts give a good estimate: one play in 14.14 matches 4 teams, so the match-4 winners point to about 301,000 plays a draw so far. At that level the chance that someone else also hits all 8 in a draw you win is about 3%.
Are Powerball Xs & Os prizes taxed?
Yes. Prizes are taxable income, and the lottery withholds 24% federal tax from any prize over $5,000, which covers the jackpot and a full $20,000 second prize. State tax depends on where you live. The values on this page are before any tax.