$747M Powerball Jackpot Approaching, 9th Biggest Lottery Prize in US History

ORLANDO, Florida. – The Powerball jackpot rose to approximately $747 million, making it the fifth largest prize in gaming history and the ninth largest US lottery jackpot.

The winner, who must match the numbers on the five white balls (1-69) and the red Powerball (1-26), also has the opportunity to claim a lump sum of approximately $403.1 million before taxes.

The next draw will take place at 10:59 pm ET on Monday, February 6th.

The Powerball jackpot grows until the winning ticket is sold. Winners can choose to receive their prize as an annuity payable in 30 installments over 29 years, or receive a lump sum payment. Federal and jurisdictional taxes apply to any payment.

The winning numbers for Saturday night’s draw were the white balls 58, 02, 15, 19 and 08. The Powerball number was 10 and the Power Play was 2x.

Although no one won the top prize, four tickets matched all five white balls to win $1 million in Florida, New Jersey, Oregon and Pennsylvania, lottery officials said. The draw also ended with 64 winning tickets worth $50,000 and 17 winning tickets worth $100,000.

Powerball draws are held on Mondays, Wednesdays and Saturdays in 45 states, Washington DC, the US Virgin Islands and Puerto Rico.

The overall odds of winning the Powerball jackpot are only 1 in 292.2 million. To put that into perspective, those odds are slightly worse than flipping a coin and coming up heads 28 times in a row, University of Nebraska-Omaha mathematics professor Andrew Swift told The Associated Press earlier.

For those feeling lucky and willing to spend $2 on a ticket, the overall odds of winning any prize are slightly higher: 1 in 24.9.

This story was reported from Cincinnati.