January 29, 2024 2 min read

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Powerball Jackpot Keeps Growing, Gets Closer to $200 Million

The grand prize of the popular game is estimated to hit $174 million ahead of the upcoming drawing

The grand prize from Powerball, one of America’s most popular lottery games, continues to grow. The jackpot of the game was able to survive nearly one month without anyone guessing correctly all winning numbers. This allowed the grand prize to grow, getting close to $200 million for the upcoming drawing.

The latest Powerball drawing was on Saturday, January 27. While two lucky lottery players won a second-tier prize from the draw, no one guessed correctly all winning numbers which were 7, 38, 65, 66, 68 and red Powerball 21. As a result, the grand prize from the lottery game grew to an estimated $174 million for the upcoming drawing on Monday, January 29, 2024.

The cash value for the aforementioned prize is $83.9 million, which is undoubtedly a life-changing sum. Still, it’s important to note that the mentioned prizes are before taxes.

Saturday’s Powerball drawing saw nearly 390,000 lottery players win a $4 prize each, the lowest tier prize from the game. On the other hand, nearly 135,000 lottery players secured a $8 Power Play prize each for guessing only the red Powerball or one white ball along with the red Powerball.

Only two lottery players were lucky enough to hit a seven-digit prize from the latest Powerball drawing. Two lucky players were able to guess correctly all white balls from the recent drawing, securing a $1,000,000 prize each. On the other hand, two players who guessed correctly four white balls along with the red Powerball secured a $100,000 Power Play prize each.

Guessing correctly four white balls along with the red Powerball granted 13 players a $50,000 prize each. Some 247 Powerball players who guessed correctly four white balls secured a $100 prize each, while 84 took home a $200 Power Play prize.

Mega Millions Jackpot Grows Too

Besides the grand prize from Powerball, the jackpot from Mega Millions is also on the rise. Surviving the drawing on Friday, the grand prize from Mega Millions is estimated at $311 million or $147.0 million cash option. The next drawing for the popular lottery game is scheduled for Tuesday, January 30, 2024.

Journalist

Jerome is a welcome new addition to the Gambling News team, bringing years of journalistic experience within the iGaming sector. His interest in the industry begun after he graduated from college where he played in regular local poker tournaments which eventually lead to exposure towards the growing popularity of online poker and casino rooms. Jerome now puts all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.

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