What Is The Powerball Lottery And How Do You Play? Scott Olson/Getty Images

The jackpot prize for the Feb. 5 Powerball jumped to an estimated $137 million with a cash option of $94.4 million. The Saturday winning numbers were 05 , 16 , 27, 39 and 61 . The Powerball drawn was 24 with a Power Play of 2x.

No one reportedly won Saturday's jackpot prize of an estimated $137 million with a cash value of $94.4 million. However, one lucky player won the second prize with a Power Play purchase by matching five white balls numbers, totalling worth $2 million. There are 13 reported winners who have won third prize, which is $50,000, while five who purchased Power Play won $100,000. The winners matched four of the white ball numbers and the red Powerball. A lot of smaller prizes have been won, 320 players who matched four white ball numbers, which put their winnings at $100, while 102 people with Power Play won $200.

The next Powerball draw will be on Feb. 7 with an estimated grand prize of $147 million with a cash value of $100.3 million.

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).


Florida Lottery
The Mega Millions jackpot has risen to a staggering $102 million after no one won the grand prize during the drawing held on Friday, Feb. 25. This is a representational image. Jeffrey Greenberg/Getty Images

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