Winning Numbers and Jackpot Details
On Saturday night, two tickets from Texas and Missouri matched the winning numbers for the Powerball jackpot, which is valued at $1.79 billion. This grand prize is noted as the second-largest in the history of the game, with an estimated cash value of $820.6 million. The winning numbers drawn were 11, 23, 44, 61, 62, with the red Powerball being 17. The Power Play multiplier was set at 2X.
Historical Context
The current jackpot is the second-largest, following the record set on November 7, 2022, when a player from California won a staggering $2.04 billion.
Winner Announcement
Matt Strawn, the Powerball Product Group Chair and CEO of the Iowa Lottery, congratulated the winners and acknowledged the Missouri and Texas lotteries for selling the winning tickets. He emphasized that every $2 ticket sold contributed not only to the chance of winning but also supported vital public programs and services in local communities.
Prize Distribution Options
The two winners have the option to choose between:
An annuitized prize of $893.5 million, which consists of one immediate payment followed by 29 annual payments that increase by 5% each year.
A lump sum payment of $410.3 million.
Both options are subject to taxes.
Additional Winners
In addition to the jackpot winners, the drawing resulted in:
18 players winning $1 million by matching all five white balls.
2 players winning $2 million by selecting the Power Play multiplier and matching all five white balls.
Next Jackpot and Odds
Following this drawing, the Powerball jackpot resets to $20 million for the next drawing scheduled for Monday. The odds of winning the jackpot remain at 1 in 292.2 million. Powerball tickets are priced at $2 per play and are available in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
