New York Powerball Hopefuls Line Up For A Chance To Win $1.3 Billion Pixabay

The jackpot prize for the Jan. 29 Powerball jumped to an estimated $104 million with a cash value of $72.5 million. The Saturday winning numbers were 02, 15, 38, 54 and 65. The Powerball drawn was 11 with a Power Play of 4x.

There are still no reported lucky winners of the jackpot prize and second prize. Meanwhile, there are 11 lucky winners who have won third prize, which is $50,000, while another five players who purchased Power Play reportedly won $2000,000. The winners matched four of the white ball numbers and the red Powerball. A lot of smaller prizes have been won, 266 players who matched four white ball numbers, which put their winnings at $100, while 83 people with Power Play won $400.

The next Powerball draw will be on Jan. 31 with an estimated grand prize of $113 million with a cash value of $77.8 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).

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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