Are you feeling lucky?
According to the Powerball website, the lottery jackpot was estimated to be a whopping $526 Million Million with a cash option of $122.7 Million.
The Powerball winning numbers for January 25, 2023, are
09-17-20-38-40, Powerball (Red Ball)- 18 and
Power Play:2X.
New Jersey Lottery Law Change Recently, a new law was signed by Governor Phil Murphy that allows lottery winners in New Jersey to stay anonymous.
Table of Contents
How to Play Powerball
Powerball drawings are held three times a week at 10:59 p.m. on Mondays, Wednesdays, and Fridays. In 2021, Monday drawings were added. The cost of a ticket is $2, but you can add the Power Play for $1 to increase your potential prize up to five times the original prize amount (except for the jackpot and Match 5). When the jackpot is less than $150 million, a 10x Power Play option is available.
Each player chooses five numbers between 1 and 69 for the white balls and one number between 1 and 26 for the red Powerball. You can, however, request that the lottery machine generates a quick pick ticket with random numbers for you. Prizes range from $4 if you match the Powerball to $1 million if you match all five white balls (except in California) to the jackpot if you match all six balls. On the Powerball website, you can view all of the prize payouts.
Where to Buy Tickets
Powerball is available in 45 states, as well as Washington, DC, Puerto Rico, and the US Virgin Islands. Lottery tickets are sold in a variety of grocery stores, gas stations, and convenience stores. Powerball tickets can be purchased online in some states, but beware of scam websites. Before purchasing tickets online, check with your state lottery for more information on online sales. You do not have to be a US citizen or a resident of the state where you buy your ticket.
Watching the Draw
On Monday, Wednesday, and Friday at 10:59 p.m. ET, the Powerball drawing is live streamed on the lottery website. You can also view results on this website. The drawing may also be aired on a local television station in your area.
Winning Odds
The likelihood of winning the jackpot is 292,201,338-to-1. To match all five white balls, the odds are 11,688,053-to-1.
Cash Option
In conclusion, while the odds of winning the Powerball jackpot are not in your favor, it is always worth a shot to play. Remember to buy your tickets from a reputable source and to check your numbers after the drawing. Who knows, you might be the next big Powerball winner.”
The major US lotteries offer two jackpot payout options: annuity and cash. The annuity option pays out in installments over time. There is an initial payment, followed by 29 annual payments that increase by 5% each year. The cash option is much lower than the advertised jackpot, but it is paid in one lump sum. This means you do not have to wait decades to receive all of the funds.