We’re excited to kick off the year with thrilling news—a Michigan player has won the Powerball jackpot on New Year’s Day, claiming an astounding $842.4 million! What a way to start 2024! This jackpot has a cash value of $425.2 million.
Originally estimated at $810 million, the jackpot climbed to $842.4 million after final ticket sales, making it the fifth-largest Powerball jackpot and the tenth-largest U.S. lottery prize ever won. This win has certainly set the tone for the year.
Remarkably, this marks the first Powerball jackpot win on New Year’s Day since the game’s inception in 1992, adding a historical note to the celebration. It’s a moment that will be remembered for years to come.
The winning numbers drawn were 12, 21, 42, 44, 49, and Powerball 1, with a Power Play multiplier of 3X. If you read our post about the luckiest lottery numbers of 2023, you’ll know that 12 and 21 were among the most frequently drawn white balls last year, and the Powerball number 1 appeared seven times. This combination of lucky numbers has created a memorable start to the new year.
The winning ticket for the Powerball Jackpot on New Year’s Day was purchased at a Food Castle store in Grand Blanc, Michigan, a town just outside Flint. This win marks the second-largest lottery jackpot in Michigan’s history, following the $1.050 billion Mega Millions win in January 2021. Michigan is buzzing with excitement over this incredible start to the year.
The fortunate winner now faces a choice: accept the full $842.4 million as an annuity over time or opt for a lump-sum payment of $425.2 million, both amounts before taxes. This New Year’s Day win presents a life-changing decision.
Powerball Jackpot on New Year’s Day: Other Big Winners Revealed
While the Michigan jackpot winner stole the spotlight, several other Powerball players also struck it big. Four tickets from California, Connecticut, Florida, and Maryland matched the five white balls, each earning a $1 million prize. Meanwhile, two other tickets, sold in Texas and Florida, doubled their winnings to $2 million each by selecting the Power Play option. This New Year’s drawing brought luck to multiple players across the country.
While the Michigan jackpot winner stole the spotlight, several other Powerball players also struck it big during the New Year’s Day Powerball Jackpot. Four tickets from California, Connecticut, Florida, and Maryland matched the five white balls, each earning a $1 million prize. Meanwhile, two other tickets, sold in Texas and Florida, doubled their winnings to $2 million each by selecting the Power Play option. This New Year’s drawing brought luck to multiple players across the country.
How to Win Powerball and Understanding Your Odds
To win the Powerball jackpot, players must match five main numbers from a pool of 1 to 69 and an additional number, the Powerball, from a pool of 1 to 26. The odds of winning any Powerball prize are 1 in 24.9, while the odds of hitting the jackpot are 1 in 292.2 million. Whether it’s the Powerball Jackpot on New Year’s Day or any other drawing, the chances are always the same.
Powerball Drawings Schedule
Powerball drawings occur every Monday, Wednesday, and Saturday at 10:59 p.m. ET. Mark your calendars and get your tickets for a chance at life-changing prizes! You could be the next big winner, following in the footsteps of this New Year’s Day’s lucky players.
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 dive into 2024, the excitement from the Powerball Jackpot on New Year’s Day is still in the air, and we’re eager to see what other surprises the lottery world holds. Will the next jackpot break the $1 billion mark? Only time will tell, but anticipation is high.
For now, we extend our congratulations to the Michigan winner of the $842.4 million jackpot and wish them all the best for a prosperous future after their incredible New Year’s Day Powerball Jackpot win!