Powerball jackpot hits $700 million; See winning numbers for Feb. 4

[ad_1]

The Powerball jackpot climbed to an estimated $700 million, with a cash option of $375.7 million, ahead of Saturday night’s drawing.
If someone wins the estimated $700 million prize, it would be the sixth largest jackpot that Powerball has ever seen and tenth highest across U.S. lottery history.
The chances of winning a Powerball jackpot are extremely slim, with odds standing at about 1 in 292.2 million.

Powerball players are checking their tickets again.

The Powerball jackpot climbed to an estimated $700 million ahead of Saturday night’s drawing. If someone wins the grand prize, it would be the sixth largest jackpot that Powerball has ever seen and tenth highest across U.S. lottery history, Powerball said.

No one has won the Powerball jackpot since Nov. 19, causing the lottery game’s top prize to grow bigger and bigger in recent months. The chances of winning a Powerball jackpot are extremely slim, with odds standing at about 1 in 292.2 million.

If someone finally wins it all on Saturday, the estimated $700 million prize would only be distributed if the winner selects an annuity option paid gradually over 29 years. Most jackpot winners opt for the cash option – which was $375.7 million for Saturday. The final amount taken home depends on state and federal taxes.

Watch:Seven things more likely to happen than winning the Powerball or Mega Millions lottery

More:Where’s California’s $2 billion Powerball lottery winner?

Here are Powerball’s winning numbers for Saturday.

Powerball winning numbers: 2/4/23

The winning numbers for Saturday night’s drawing are 2, 8, 15, 19 and 58, and the Powerball is 10. The Power Play was 2X.

In January:Winning ticket for $1.35 billion Mega Millions jackpot sold in Maine – on Friday the 13th

Another record-breaking jackpot? Here’s why lottery prizes have grown so large.

What are my chances of winning Powerball?

While many lottery players may be tempted by a gigantic jackpot, it’s important to note that the odds of winning Powerball’s grand prize are incredibly slim.

The odds of winning a Powerball jackpot are about 1 in 292.2 million.
The overall odds of winning a Powerball prize (across all tiers) are about 1 in 24.9.

How do I play Powerball?

Powerball tickets cost $2 per play. To enter the game, players select (or opt to randomly receive) five numbers from one to 69 for the white balls, and one number from one to 26 for the red Powerball.

To win the jackpot, you need to match the numbers for all five white balls and the red Powerball.

Aside from the grand prize, depending on how many balls are matched, there are eight additional ways you can win a Powerball prize across the game’s non-jackpot tiers.

Tempted by the jackpot? Here is how to play Powerball.

Non-jackpot prizes start at $4 and go up to $1 million. For an extra $1, you can opt into “Powerplay” – which multiplies non-jackpot winning prizes by 2, 3, 4, 5 or 10.

The 10X Powerplay is only available when the jackpot is $150 million or less, Powerball notes. The game’s second-tier “Match 5” prize is capped at $2 million for the Powerplay.

An additional add-on feature called “Double Play,” which gives players another chance to match their numbers after each Powerball drawing, is available in some jurisdictions for $1 per play.

What’s everyone talking about?:Sign up for our trending newsletter to get the latest news of the day.

Powerball can be played in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Highest jackpots in Powerball history

Here are the largest jackpots that Powerball has ever seen, according to the lottery game.

$2.04 billion — Nov. 7, 2022; California.
$1.586 billion — Jan. 13, 2016; California, Florida, Tennessee.
$768.4 million — Mar. 27, 2019; Wisconsin.
$758.7 million — Aug. 23, 2017; Massachusetts.
$731.1 million — Jan. 20, 2021; Maryland.
$700 million (estimated) – Feb. 4, 2023 (Active)
$699.8 million — Oct. 4, 2021; California.
$687.8 million — Oct. 27, 2018; Iowa, New York.
$632.6 million — Jan. 5, 2022; California, Wisconsin.
$590.5 million — May 18, 2013; Florida.

Largest lottery prizes in US history

$2.04 billion, Powerball, Nov. 7, 2022: Won in California.
$1.586 billion, Powerball, Jan. 13, 2016: Three winners in California, Florida, and Tennessee.
$1.537 billion, Mega Millions, Oct. 23, 2018: Won in South Carolina.
$1.348 billion, Mega Millions, Jan. 13, 2023: Won in Maine.
$1.337 billion, Mega Millions, July 29, 2022: Won in Illinois.
$1.05 billion, Mega Millions, Jan. 22, 2021: Won in Michigan.
$768.4 million, Powerball, March 27, 2019: Won in Wisconsin.
$758.7 million, Powerball, Aug. 23, 2017: Won in Massachusetts.
$730 million, Powerball, Jan. 20, 2021: Won in Maryland.
$700 million (estimated) – Feb. 4, 2023 (Active)