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Powerball Jackpot Climbs To $194 Million

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The winning numbers for the Powerball drawing on January 29th were 11, 23, 28, 32, and 47; the Powerball number was 20. The Power Play number was 2.

There were no winners of the $171 million Powerball jackpot prize. As the winning numbers continue to elude eager participants, the jackpot continues to grow.

Not everyone walked away empty handed, as winnings for the last drawing totaled roughly $8.66 million. There were 592,462 winners in all.

The latest failure to claim the major prize resulted in the lottery jackpot increasing to an impressive $194 million. The cash value of the jackpot for those seeking a lump sum would be $110.7 million before taxes.

If the huge jackpot alone isn’t enough to lure participants, the recent return of the Power Play multiplier might entice individuals to try their luck. The multiplier option is an additional $1, but instead of simply doubling one’s winnings, participants who use the multiplier have the chance to multiply their winnings as much as five times.

The exceptions are of course anyone who wins the jackpot as well as anyone who wins the $1 million for matching five numbers but missing the Power Ball. The second largest prize can only be doubled to $2 million. With rule changes occurring all the time, eventually this may change as well.

At the same time, it’s hard to imagine anyone so disappointed with losing out on the big prize that they would turn down hundreds of thousands of dollars. Not to mention a chance to pocket more than a million in cash. In the end, winning big is relative.

The larger the jackpot becomes, and it is already just shy of $200 million, the more hype surrounds it and the more excited potential winners become. Expect the jackpot to balloon significantly as more and more people participate—That is if we have no winners in the coming weeks.

Meanwhile the Mega Millions jackpot continues to climb. though it hasn’t reached the exciting nine figure stage yet. At present, it’s worth $84 million in annuity payments, with a cash option of $46 million.

Image via ABC News Youtube

Powerball Jackpot Climbs To $194 Million
About Toni Matthews-El
Toni Matthews-El hails from the land of chunked pumpkins and people who come to a complete stop before making any and every turn. When she isn't contributing articles to WebProNews, she spends her time freelance writing, cheering Liverpool FC, and enjoying life as a hair flower connoisseur. Disclaimer: Written opinions do not necessarily reflect that of WebProNews or its affiliates WebProNews Writer
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  • http://tylercox.me Tyler

    If I were to win the lottery I think I would buy/create a few companies. Give back to my hometown where I grew up as well as maybe build something in my new town. Have a 500k house with decent security and basically do my own upgrade/repairs.. I Think I'd also go to where my family is at and buy out the whole entire block/area around the lake. Not to take away from the land owners but to enjoy the peaceful land that is already preexisting. Family and friends would have lodging as long as a few rules were followed. So far we are looking at about 1-2Mil being spent not including company purchases. I would purchase at least a lambo – Always wanted one. Doesn't have to be the newest but definitely must be clean. A ferrari and of course a corvette,and a porsche or I could ignore all those cars and get a SSC Tuatara. As far as going back home to give back. My hometown isn't poor but it isn't a rich fancy hometown and the kids need things to do. So definitely have to dosomething for that.

  • Bill

    I prefer to play Mega-Millions. A ticket costs half the price, and the prizes are big enough where I won't have to work again if I win. No need to double my risk if the smaller risk is sufficient.

  • Joel Clark

    If i hit the lottery first pay off all creditors, people that have lent me money in the past, open up a large foster home for the honeless and unwanted kids, and next door a veterans home for senior citizens, and run a large recycling plant to put homeless people to work and give them shelter.

    • Tyler

      I'm not so sure about your "big heart." WHY put homeless people to work at your recycling center? You certainly won't be working. Why not let them enjoy their lives too? Instead of a large foster home consider a huge aristocratic boarding school. Why not give people the best? Of course make sure it's staffed with loving people etc. to recreate that good old fashioned home environment.

      • Sean

        Really Tyler! Why would you sit there and put down someone else’s idea of helping and giving back. If Joel won, the fact that he even thinks about helping the homeless and unwanted children is awesome! And for you to question the size of his heart is unbelievable!!! Instead of criticizing someone else’s extreme generosity, why don’t you just write what you would do, or don’t say anything which might be your best bet.

  • http://yahoo William P Johns

    You have a big heart Joel. Wish you all the Best . The world needs many more people like you. God Will Bless You……….shine

  • Sean

    Really Tyler! Why would you sit there and put down someone else’s idea of helping and giving back. If Joel won, the fact that he even thinks about helping the homeless and unwanted children is awesome! And for you to question the size of his heart is unbelievable!!! Instead of criticizing someone else’s extreme generosity, why don’t you just write what you would do, or don’t say anything which might be your best bet.

  • Marissa

    Now that I won the lottery it's the greatest feeling ever!! It was divine intervention and now I will donate 40,000.00 to the American Diabetes Association in memory of my Amazing Aunt and my lovely Grandmother. Now I plan to go to cooking school so I can be the Chef of my own restaurant and learn different cooking techniques. I plan to buy a house in Florida area preferably Miami. I also plan to pay off all bills and help some of my family members out. I also plan on getting a car preferably an Audi or a BMW. While at cooking school I will scout locations for my restaurant and it will be ready to go after I complete my courses. My restaurant will be so successful that I will open another in a different location. I am truly blessed! : )