Powerball jackpot jumps to $500M ahead of New Year's Day drawing
A very lucky person could be starting off 2022 with life-changing money if they win the Powerball jackpot on New Year's Day.
UPDATE, MONDAY, JAN. 3:
Here are the Powerball winning numbers for Monday, Jan. 3, 2022:
2 - 33 - 13 - 32 - 48, and Powerball 22
► The latest Powerball news
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A lucky winner could earn an estimated $522 million from Monday's Powerball drawing after no tickets hit all five numbers and the Powerball on Saturday night.
The numbers for Saturday night's drawing were 6, 12, 39, 48, 50 and the Powerball was 7.
But there are four new millionaires out there. Tickets sold in Arizona, California, Florida and Maryland matched all five white balls to win the second-tier prize. The ticket sold in Maryland also had the Powerplay to win $2 million.
The Powerball jackpot winner was last drawn on Oct. 4.
Here’s what you need to know about Monday’s drawing.
Powerball payout after taxes
If the winner claims the cash option as opposed to a 30-year payout, the individual will walk away with $371.5 million. For the cash option, the federal tax that would be withheld is $92,875,000.00, while the state tax is $32,766,300.00. After all the taxes are paid, the winner gets a net lump-sum payment of $245,858,700.00.
For the annuity option in the amount of $522 million, the winner gets paid in 30 annual payments in the average amount of $17,400,000.00 per year. The average federal tax liability is $4,350,000.00 per year. The average state tax liability is $1,534,680.00 yearly. Residents of New York City and Yonkers are subject to extra local tax liabilities, according lottery officials.
When Powerball drawings are held
Powerball drawings are held each Monday, Wednesday and Saturday at 10:59 p.m. EST.
How to play Powerball
Choose five numbers 1 to 69 and one number 1 to 26 to be your Powerball. To win the Powerball jackpot, match the six numbers on your ticket to the drawn six-number combination (five numbers plus the Powerball).
Powerball tickets
Ticket’s for Monday’s drawing can be purchased until 10 p.m. in New York.
Where to buy Powerball tickets
Here’s where to find the closest New York Lottery game retailers near you.
► Find the a retailer near me
How much Powerball tickets cost
Powerball tickets are $2 apiece. Tack on the Power Play for $1 and your non-jackpot winnings could be multiplied up to five times. Players can multiply non-jackpot wins up to 10 times when the jackpot is $150 million or less.
Powerball drawings: Where to watch
You can watch Powerball drawings online.
► Watch Powerball drawings
Good luck!
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Leave it all up to luck and ask for a Powerball quick pick or choose your own numbers. Pick five numbers from 1–69 and one Powerball number from 1–26.
There are nine ways to win, starting with $4 for matching just the Powerball. Match the first five numbers plus the Powerball to win the jackpot.
For an additional $1 per play, the Power Play® feature can multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times! The multiplier number is randomly selected just before each drawing. The 10X multiplier is only in play when the advertised jackpot annuity is $150 million or less. The Match 5 prize with Power Play is always $2 million.
Multi-draw Tickets: You can purchase a ticket good for up to 14 draws at your favorite retailer. If you choose to play more than one draw, your ticket will include a drawing date range instead of a single drawing date.
Play slips are available at all lottery retailers.
For more information about Powerball, click here to visit their official website.
Does winning the lottery affect your happiness?
Some of us have our thermostat set to happy. Some are set to depressed. How does winning the lottery swing that up or down?
The time has come to gather your lucky items and test you luck as the Powerball lottery jackpot continues to grow.
The Powerball jackpot for Wednesday, April 27 rose to an estimated $454 million with a cash option of $271.9 million, according to powerball.com.
Wondering what the largest winning Powerball jackpot ever is?
Three winners claimed a stake in what still stands as the nation's largest lottery jackpot, with winning tickets sold in three states (California, Florida and Tennessee) on Jan. 13, 2016. The jackpot was $1.586 billion.
Here's what you need to know about the Powerball:
Powerball winning numbers, results
No one won the Powerball on Monday, April 25. The winning numbers are 12, 18, 20, 39, and 61, and the Powerball is 10. The Power Play was 2X.
No one matched all six numbers to win the Powerball jackpot, but one ticket purchased in Texas matched all five numbers except for the Powerball worth $1 million.
A ticket bought in North Carolina matched all five numbers except for the Powerball and included the Power Play worth $2 million.
Powerball Double Play numbers
The Double Play numbers are 14, 23, 29, 38, 43, and the Powerball is 20.
No tickets matched all six numbers, and no one matched all five numbers except for the Powerball worth $500,000.
When are Powerball draw days?
Powerball draws occur three times a week, on every Monday, Wednesday and Saturday.
What time is the Powerball drawing?
Videos of the latest Powerball drawing can be found at www.powerball.com/watch-drawing at 10:59 p.m. EDT. Here's where Powerball drawings are televised in Indiana:
- Evansville – WTVW7; every Monday, Wednesday and Saturday at 9:59 p.m. CDT.
- Fort Wayne – WANE15, 10:59 p.m. EDT.
- Merrillville – Lakeshore Public Television, 10:28 p.m. CDT.
- Indianapolis – FOX59; every Monday, Wednesday and Saturday at 10:59 p.m. EDT.
- South Bend – WNDU16, every Monday and Wednesday between 11:09-11:13 p.m. EDT, and every Saturday between 11:20-11:28 p.m. EDT.
- Terre Haute – WTWO2; every Monday, Wednesday and Saturday at 10:59 p.m. EDT.
How much a Powerball ticket costs
Powerball tickets are $2 apiece. Tack on the Power Play for $1 and your non-jackpot winnings could be multiplied up to five times. Players can multiply non-jackpot wins up to 10 times when the jackpot is $150 million or less.
What is Powerball's Double Play?
For an extra $1, you can enter your numbers into a second drawing held after the main jackpot draw. Participants can win prizes ranging from $7 to $10 million.
Odds of winning Powerball
Approximately 1 in every 24.87 Powerball tickets sold are winners. The likelihood of winning the jackpot is 1 in 292,201,338.
How to play Powerball
The Hoosier Lottery also offers an instructional video on how to play Powerball:
What is the deadline for buying Powerball tickets?
Powerball can be played in 45 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands. The cutoff time to buy a Powerball ticket varies for each jurisdiction. Check with you local lottery office for details. In Indiana, tickets must be purchased by 9:58 p.m. EDT.
Can Powerball tickets be purchased online over the internet?
Yes, but the opportunity once again depends on each jurisdiction. Check with your local lottery office for more details.
Chris Sims is a digital producer at Midwest DOT. Follow him on Twitter: @ChrisFSims.