What Is The Powerball 5 Bonus Prize?

            The Powerball 5 Bonus Prize refers to an added prize that can be won during a Powerball draw. It can be claimed if the jackpot (matching all six balls) has been hit by any participant. Those who have matched 5 balls are eligible for a share of the Powerball 5 Bonus Prize. The funds for the Powerball 5 Bonus Prize are acquired as follows.

            The jackpot prize is limited to $25 million, and so any excess is collected and accumulates until the jackpot is claimed. This excess is divided equally between those who have matched all five white balls from the draw. Thus who have matched 4 white balls and the red ball are not eligible for a share.  

            The Powerball 5 Bonus Prize is paid in addition to any Power Play Multiplier payouts and also the usual payout of $200,000 for matching the five white balls. It is therefore a beneficial addition to the payout structure for the game. If there is no Powerball 5 Bonus Prize winner, then the payout moves down to the next in the hierarchical winning chart; the match four white plus one red ball claimants, though this is an unlikely scenario.