We’re thrilled to announce the victorious winner of the New Year’s Day Powerball jackpot. In an incredible start to the year a player from Michigan hit the Powerball Jackpot on New Year’s Day winning a whopping $842.4 million. The jackpot has a cash value of $425.2 million.
The initial value of the jackpot was $810 million. However, final ticket sales increased the jackpot to a staggering $842.4 million. This makes it the fifth largest Powerball jackpot and the tenth largest jackpot ever won in the U.S. Lottery.
This is the first time a player has won a Powerball jackpot on New Year’s Day since the game began in 1992.
The winning numbers were 12, 21, 42, 44, 49 and Powerball 1 with a Power Play of 3X. If you read our post Luckiest lottery numbers of 2023, you’ll know that 12 and 21 were among the most frequently drawn white balls this year. In addition, the number 1 repeated as a Powerball seven times.
The winning ticket was sold at a Food Castle store in Grand Blanc, Michigan, just outside of Flint. It’s the second largest lottery jackpot ever won in the state, after the $1.050 billion Mega Millions jackpot won in January 2021.
The lucky winner can choose between an annuitized prize of $842.4 million or a lump sum of $425.2 million. Both prize options are before taxes.
Other Powerball Winners on New Year’s Day
While the jackpot winner grabbed the headlines, other Powerball players also won big. Four tickets from California, Connecticut, Florida and Maryland matched the 5 white balls and won $1 million each. And two other tickets, sold in Texas and Florida, doubled their winnings to $2 million thanks to the Power Play option.
How to win Powerball?
To win Powerball, you must match five main numbers from a pool of 1 to 69 and the additional number, called the Powerball, from a pool of 1 to 26.
What are the odds of winning the Powerball?
The odds of winning a Powerball prize are 1 in 24.9. While the odds of hitting the jackpot are 1 in 292.2 million.
When are the Powerball drawings?
Powerball drawings are every Monday, Wednesday, and Saturday at 10:59 p.m. ET.
Top 10 Powerball Jackpots
- $2.04 billion; Nov. 7, 2022 (California)
- $1.765 billion; Oct. 11, 2023 (California)
- $1.586 billion; Jan. 13, 2016 (California, Florida, Tennessee)
- $1.08 billion; July 19, 2023 (California)
- $842 million; Jan. 1, 2024 (Michigan)
- $768.4 million; Mar. 27, 2019 (Wisconsin)
- $758.7 million; Aug. 23, 2017 (Massachusetts)
- $754.6 million; Feb. 6, 2023 (Washington)
- $731.1 million; Jan. 20, 2021 (Maryland)
- $699.8 million; Oct. 4, 2021 (California)
As we approach 2024, let’s see what other exciting surprises the lottery world has in store. Will the next jackpot top $1 billion? Will it set a new record for lottery jackpots? Only time will tell.
For now, we congratulate the winner of the $842.4 million Powerball Jackpot on New Year’s Day and wish him a prosperous future.