Jackpot climbs to $700 million
- No one matched the six numbers to win the estimated $653 million Powerball jackpot on Wednesday night.
- The lottery game’s top prize has now reached around $700 million, with a cash option of $375.7 million, ahead of the next draw on Saturday.
- If someone wins the estimated $700 million prize, it will be the sixth-biggest Powerball jackpot in lottery gaming history.
After the absence of a big winner on Wednesday night, the Powerball jackpot has increased even further.
The lottery game’s top prize has now reached around $700 million, with a cash option of $375.7 million, ahead of the next draw on Saturday. No one has won the Powerball jackpot since November 19, which has made the grand prize swell in recent months.
The odds of winning a Powerball jackpot are extremely slim, with odds of around 1 in 292.2 million.
If someone finally wins the jackpot on Saturday, the estimated $700 million would be the sixth biggest prize in Powerball history. The $700 million prize would only be distributed if a winner selects a 29-year phased-in annuity option. Most jackpot winners opt for the cash option – and the final amount taken home depends on state and federal taxes.
How much will a lottery winner get after taxes? The jackpot decreases a little.
Watch:If you ever win a lottery jackpot, follow these steps after you win
Here are Wednesday’s winning numbers.
Powerball winning numbers: 01/02/23
The winning numbers for Wednesday night’s draw are 31, 43, 58, 59, 66 and the Powerball is 9. The Power Play was 2X.
The Double Play numbers are 4, 23, 39, 57, 63 and the Powerball is 26.
Did anyone win the Powerball jackpot last night February 1, 2023?
No one matched the six numbers to win the estimated $653 million Powerball jackpot on Wednesday night.
Two tickets matched all five numbers, except for the Powerball, which was worth $1 million. One ticket was purchased in Florida and the other in North Carolina.
A ticket sold in New York matched all five numbers except the Powerball and added the Power Play, worth $2 million.
What are my chances of winning at Powerball?
While many lottery players may be tempted by a gigantic jackpot, it’s important to note that the odds of winning the Powerball grand prize are incredibly slim.
- The odds of winning a Powerball jackpot are approximately 1 in 292.2 million.
- The overall odds of winning a Powerball prize (all levels combined) are approximately 1 in 24.9.
Another record jackpot? Here’s why lottery prizes have become so important.
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Which states play Powerball?
Powerball can be played in 45 states, the District of Columbia, Puerto Rico and the US Virgin Islands.
How to play Powerball?
Powerball tickets are $2 per game. To enter the game, players select (or choose to be randomly dealt) five numbers from one to 69 for the white balls, and one number from one to 26 for the red Powerball.
To win the jackpot, you must match the numbers of the five white balls and the red Powerball.
Besides the grand prize, based on the number of matched balls, there are eight other ways to win a Powerball prize on non-jackpot levels of the game.
Tempted by the jackpot? Here’s how to play Powerball.
Non-jackpot prizes start at $4 and go up to $1 million. For $1 more, you can opt for “Powerplay” – which multiplies non-winning jackpot prizes by 2, 3, 4, 5 or 10 times.
10X Powerplay is only available when the jackpot is $150 million or less, Powerball notes. The game’s second-tier “Match 5” prize is capped at $2 million for Powerplay.
An additional add-on feature called “Double Play”, which gives players another chance to match their numbers after each Powerball draw, is available in some jurisdictions for $1 per play.
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Biggest lottery prizes in US history
- $2.04 billion, Powerball, November 7, 2022: Won in California.
- $1.586 billion, Powerball, January 13, 2016: three winners in California, Florida and Tennessee.
- $1.537 billion, Mega Millions, October 23, 2018: Won in South Carolina.
- $1.348 billion, Mega Millions, Jan 13, 2023: Won in Maine.
- $1.337 billion, Mega Millions, July 29, 2022: Won in Illinois.
- $1.05 billion, Mega Millions, Jan 22, 2021: Won in Michigan.
- $768.4 million, Powerball, March 27, 2019: Won in Wisconsin.
- $758.7 million, Powerball, Aug. 23, 2017: Won in Massachusetts.
- $730 million, Powerball, Jan. 20, 2021: Won in Maryland.
- $699.8 million, Powerball, Oct. 4, 2021: Won in California.
The highest jackpots in Powerball history
Here are the biggest jackpots Powerball has ever seen, according to the lottery game.
- $2.04 billion — November 7, 2022; California.
- $1.586 billion — January 13, 2016; California, Florida, Tennessee.
- $768.4 million — March 27, 2019; Wisconsin.
- $758.7 million — August 23, 2017; Massachusetts.
- $731.1 million — January 20, 2021; Maryland.
- $700 million (estimated) – February 4, 2023 (active)
- $699.8 million – October 4, 2021; California.
- $687.8 million — October 27, 2018; Iowa, New York.
- $632.6 million — January 5, 2022; California, Wisconsin.
- $590.5 million — May 18, 2013; Florida.
Contributor: Chris Sims and Evan Frank, The Indianapolis Star. The Associated Press.
USA Today
