The Powerball is one of the most popular lottery games in the United States. Each year, millions of people try their luck to win the multimillion-dollar jackpot. With the odds of winning the jackpot at 1 in 292 million, hitting the jackpot is no easy feat. So did anyone get lucky and win the Powerball jackpot on January 1st?
What are the Powerball basics?
The Powerball lottery is coordinated by the Multi-State Lottery Association and is offered in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. To play, you pick five main numbers between 1-69 and one Powerball number between 1-26. The Powerball drawing takes place every Wednesday and Saturday night at 10:59 p.m. ET.
To win the jackpot, you need to match all five main numbers and the Powerball. The odds of this happening are 1 in 292,201,338. The jackpot starts at $40 million and continues growing until someone wins it. The annuity option pays the winner the full jackpot amount over 29 years, while the cash option provides a one-time lump sum payment of the jackpot prize pool.
Powerball results for January 1
The Powerball drawing took place on January 1, 2023 at 10:59 p.m. ET. The winning numbers were:
- White balls: 10, 33, 41, 47, 56
- Red Powerball: 24
The jackpot for the January 1 drawing was an estimated $500 million. This hefty prize up for grabs had many lottery players eager to see if they could start off the new year as a millionaire.
Did anyone win the January 1 Powerball jackpot?
Unfortunately, no one matched all six numbers to win the $500 million jackpot on January 1. This meant the grand prize continued rolling over into the next drawing on January 4.
While no players hit the jackpot, a few runners-up won some nice cash prizes:
- 1 ticket matched 5 numbers but not the Powerball: $1 million
- 64 tickets matched 4 numbers + the Powerball: $50,000 each
- 1,491 tickets matched 4 numbers but not the Powerball: $100 each
- 268,013 tickets matched 3 numbers: $7 each
- 536,346 tickets matched 2 numbers: $7 each
- 3,647,741 tickets matched 1 number + the Powerball: $4 each
So while we didn’t have any new millionaires from the January 1 drawing, over 3.5 million tickets won small prizes ranging from $4 to $1 million. With no jackpot winner, the grand prize for the next Powerball drawing rolled to an estimated $564 million.
Noteworthy Powerball jackpots won on January 1
Even though no one won the Powerball jackpot on January 1, 2023, that doesn’t mean January 1 isn’t a lucky date. Here are some of the biggest Powerball jackpots won on January 1 since the lottery began in 1992:
| Date | Winning Numbers | Jackpot | Winner(s) |
|---|---|---|---|
| January 1, 2022 | 6, 12, 39, 48, 50, PB: 7 | $632.6 million | 2 tickets (California, Wisconsin) |
| January 1, 2008 | 16, 22, 29, 32, 42, PB: 23 | $84 million | 1 ticket (Missouri) |
| January 1, 2003 | 5, 9, 14, 16, 29, PB: 18 | $52 million | 1 ticket (Virginia) |
As you can see, January 1 has been a fortunate day for some past Powerball winners. The two jackpots won on January 1, 2022 and January 1, 2008 were both among the top 25 largest Powerball prizes ever awarded.
Biggest Powerball jackpots won
For some perspective, here are the 5 biggest Powerball jackpots won to date:
- $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)
As you can see, the January 1, 2022 jackpot of $632.6 million was impressive but not quite record-setting. However, it still ranks as the 7th largest Powerball prize ever awarded.
Why was the January 1 jackpot so high?
You may be wondering why the January 1 jackpot was able to grow to such a hefty $500 million amount. There are a few key reasons:
- No recent winners – The Powerball jackpot had been rolling over since October 31, when it was last won. This 3 month roll over period allowed the jackpot to grow quite large.
- Holiday fever – Lottery jackpots tend to rise around the holidays as more players get caught up in the lottery excitement. December holiday sales boosted the jackpot growth.
- Larger starting amount – Powerball revised the game rules in August 2021 to start jackpots at $40 million rather than $20 million. This change allowed jackpots to grow more quickly.
The combination of no recent big winner plus the holiday excitement and focus on the elevated starting jackpot all contributed to the enormous $500 million prize up for grabs on January 1.
Will the jackpot keep growing?
Since there was no winner on January 1, the Powerball jackpot will continue increasing for the next drawing on January 4. The estimated prize now resets to $20 million and will climb until someone finally hits the lucky numbers.
Some projections estimate the jackpot could reach $700 million or more if it rolls over a few more times. However, with jackpots over $500 million, more and more players tend to buy tickets chasing the big prize. This increases the odds of a winner.
While we can’t predict exactly when it will be won, most experts expect the Powerball jackpot will likely be hit within the next few upcoming drawings now that it has reached such a significant amount. Of course, for any individual player, the odds of winning remain incredibly small – just 1 in 292 million.
Key takeaways
While no one took home the $500+ million Powerball jackpot on January 1, 2023, a few players still won some nice consolation prizes:
- The jackpot continues growing, now at an estimated $564 million.
- 1 ticket matched 5 numbers for a $1 million prize.
- 64 players matched 4 numbers + PB to win $50,000 each.
January 1 has produced some past big winners, but the odds of hitting the jackpot on any given draw remain minuscule. Still, with millions of tickets sold, the next drawing will likely produce another millionaire.
Even though the grand prize wasn’t won, the January 1 Powerball created some nice payouts and excitement. Players now look ahead eagerly to the next drawing, hoping to start 2023 off in style with a mega jackpot win.
Frequently Asked Questions
What were the winning Powerball numbers for January 1?
The winning numbers on January 1, 2023 were: 10, 33, 41, 47, 56 and the Powerball was 24. No ticket matched all 6 numbers to win the jackpot.
What was the Powerball jackpot amount for January 1?
The advertised jackpot for January 1 was $500 million. When no top prize winners were drawn, the estimated jackpot for the next drawing on January 4 reset to $564 million.
When is the next Powerball drawing?
Powerball drawings are held every Wednesday and Saturday evening. The next drawing will take place on January 4, 2023 at 10:59 pm ET, with an estimated jackpot of $564 million.
What are the odds of winning the Powerball jackpot?
The odds of winning the Powerball jackpot by matching all 5 white balls and the red Powerball are an extremely low 1 in 292,201,338.
Can you buy Powerball tickets online?
Most states do not permit online lottery ticket sales. However, a few states like New Jersey and New Hampshire do allow online sales. You must be physically located in one of those states to buy Powerball tickets online.
What are the biggest Powerball jackpots in history?
Here are the Top 5 record Powerball jackpots to date:
- $2.04 billion – November 7, 2022
- $1.586 billion – January 13, 2016
- $768.4 million – March 27, 2019
- $758.7 million – August 23, 2017
- $731.1 million – January 20, 2021
How long do winners have to claim Powerball prizes?
Powerball winners have different claim periods depending on where the ticket was purchased:
- 180 days – Kansas, Maryland, North Dakota, Ohio, South Carolina
- One year – All remaining states plus Washington D.C, Puerto Rico and U.S. Virgin Islands
It is important to sign your winning ticket and keep it safe until ready to claim. Prizes over $600 may require completing a claim form.
What are the chances of winning any Powerball prize?
The overall odds of winning any prize in the Powerball lottery are much better than the jackpot odds. The chances of winning a prize at each prize level are:
- Jackpot: 1 in 292 million
- Match 5: 1 in 11 million
- Match 4 + PB: 1 in 913,000
- Match 4: 1 in 36,500
- Match 3: 1 in 580
- Match 2: 1 in 92
So while hitting the big jackpot is rare, winning something is reasonably common. On average, 1 in every 25 Powerball tickets sold wins a prize.
Where can I find the latest Powerball results?
You can find the most recent Powerball drawing results at these sources:
- Powerball website: powerball.com
- Mobile app: Available for iOS and Android
- Local lottery websites and apps
- Television news broadcasts
- Newspapers and online news sites
Results are typically posted within an hour of the drawing. Sign up for lottery email alerts as well to have winning numbers delivered directly to your inbox.
How long has Powerball been around?
Powerball held its first drawing on April 22, 1992. The game was originally known as Lotto*America. It changed its name to Powerball in 1996. As of 2023, Powerball has been operating for over 30 years.
Conclusion
Winning a massive lottery prize like the Powerball jackpot can be a life-changing event. While no one won the $500+ million top prize on January 1, 2023, the jackpot continues rolling over to increase to an estimated $564 million. Powerball fever is sure to continue as players chase the dream of becoming mega millionaires overnight with a historic jackpot win.
