Related Article: Powerball or Mega Millions: which one should you play?

The two gameplay options we are talking about happen to be Cash4Life and the US Powerball lottery. These lotteries are some of the most lucrative jackpots compared to other multinational lotto’s. But how do you go about picking which one is the best for you?

In this post, we’ll put these two lotteries head-to-head, as we attempt to uncover the various pros and cons of each. By the time you’re done reading, you’ll know which lotto will get you a step closer to achieving that elusive ‘American dream’.

No one can blame you if you’ve never heard of Cash4Life, as this lottery is a newcomer. You are given 60 numbers, and you must make your top five picks. You’re also given an additional four numbers, where you must pick one. The one you pick is called ‘the CashBall’.

The rules for Powerball are the same as those associated with the CashBall. However, this time you must pick five numbers out of 69. The additional pick is known as ‘the Powerball’, and you have 25 choices this time around.

The whole point of playing the lotto, besides having fun, is to win some money. Of course, knowing which one of these lotto’s offer a better chance of winning can help sway your decision.

As you can see, the US Powerball lotto has more numbers to choose from compared to Cash4Life. As a result, the chances of winning Powerball over Cash4Life are slightly less.

The minimum prize for Cash4Life is US $1,000 per day for the rest of your life. The odds of winning this are 1 in 21,846,048. The second prize is US $1,000 a week for the rest of your life, with the odds being 1 in 7,282,016. The chances of winning the 3rd, 4th and 5th prizes are 1 in 79,440, 1 in 26,480 and 1 in 1,471, respectively.

For US Powerball, the odds of winning the minimum prize of US $20 million are 1 in 292,201,338,00. The second prize is US $1 million, and the odds of winning are 1 in 11,688,053. You have a 1 in 931,001, 1 in 38,792 and 1 in 14,547 chance of winning the 3rd, 4th and 5th prize, respectively.

To win a prize in either Cash4Life or Powerball, you have to score some winning combinations. More combos mean more money. To win the Jackpot, you have to match all five numbers, along with the special ones for each lottery (Cash4Life’s Cashball or Powerball, respectively).

Here’s the complete prize tier for Cash4Life:

• 5 numbers + CashBall: US $1,000 a day for life
• 5 number: US $1,000 per week for life
• 4 numbers + CashBall: US $2,500
• 4 number: US $500
• 3 numbers + CashBall: US $100
• 3 numbers: US $25
• 2 numbers + CashBall: US $10
• 1 numbers + CashBall: US $4
• CashBall: US $0

Here’s the complete prize tier for Powerball:

• 5 numbers + CashBall: Jackpot
• 5 number: US $1 million
• 4 numbers + CashBall: US $500,00
• 4 number: US $100
• 3 numbers + CashBall: US $100
• 3 numbers: US $7
• 2 numbers + CashBall: US $7
• 1 numbers + CashBall: US $4
• CashBall: US $4

One important thing to note is that the jackpot for the Powerball has unlimited rollovers. When none has all the lucky numbers, the money is placed back into the pool and added to the next jackpot. For Cash4Life, however, the maximum prize is constant.

When it comes to the US Powerball, you wouldn’t expect to get all the money if you win the jackpot. However, it is not that simple. If you’re the only winner, then sure, you get it all. But if there are multiple winners, you’ll have to share the pot.

If all your lucky numbers align in the Cash4Life lottery, you will get the max payout all the time. Even other winners will also get the same, without having to split it.

It is hard to determine which lottery is best because they all cater to different needs.

If you’re looking for bigger payouts with higher risk, the US Powerball is your very best. On the other hand, if you want to reduce your risk but get significantly lower payouts, you might try Cash4Life.

However, no matter which game you play, Lotto247 has all the action. Draws take place every day at 21:00 ET for Cash4Life and 22:59 every Monday, Wednesday and Saturday for the American Powerball.

This article forms part of our Cash4Life Resource Centre.