Powerball winning numbers
Powerball Hopefuls Line Up For The Chance To Win The $425 Million Jackpot REUTERS/Gene Blevins

The jackpot prize for the Jan. 15 Powerball jumped to an estimated $48 million with a cash value of $33.3 million. The Saturday winning numbers were 03, 18, 37, 51 and 59. The Powerball drawn was 13 with a Power Play of 2x.

There are no reported winners of the jackpot and second prize. Meanwhile, 10 winners have won third prize, which is $50,000, while three players with a Power Play purchase won $100,000. They matched four of the white ball numbers and the red Powerball. A lot of smaller prizes have been won, 229 players who matched four white ball numbers, which put their winnings at $100, while 85 people with Power Play won $200.

The next Powerball draw will be on Jan. 17 with an estimated grand prize of $53 million with a cash value of $37.0 million. The jackpot prize will continue to jump higher until no grand prize winner is announced.

To get a chance to win the grand prize, a player must match the six numbers on their ticket to the drawn six-number combination. The five numbers need to be selected from 1 to 69 for the white balls, while the remaining number is selected from 1 to 26 for the red Powerball.

To claim jackpot prizes, the winners will have options, they can either select their prize as an annuity or a lump-sum payment. The annuity guarantees the winner to receive 30 graduated payments over 29 years. The annual payments increase by 5% until the 30th and final payment. The 30 payments added up equal the value of the annuity.

The Powerball costs $2 per play. Powerball is available in 45 states, Washington DC, Puerto Rico and the US Virgin Islands.

Drawings are held on Mondays, Wednesdays and Saturdays at 10:59 pm ET. Meanwhile the sales cut-off times vary depending on the selling jurisdiction, mostly by one to two hours before the drawing schedule.

The Powerball drawing is aired live on TV stations throughout the state; WBKB-TV 11 (CBS), WDIV-TV 4 (NBC), WNEM-TV 5 (CBS), WXSP-TV (MyNetwork TV), WLAJ-TV 53 (ABC), WMKG-TV 38 (IND), WLUC-TV 6 (NBC/FOX) and WGTU-TV 29/WGTQ-TV 8 (ABC).

The Powerball lottery jackpot soared to $441 million after no tickets won the top prize of $416 million in the draw held on Monday, Dec. 27. This is a representational image. Scott Olson/Getty Images

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