# Powerball Results Today, January 3rd | Winning numbers and prize draws

After several months without a winner, on January 1, The lucky one guessed all the numbers in the drawing. powerball and won the \$842 million jackpot, the fourth largest jackpot in the history of this lottery.

Only one participant from Michigan took home a tempting prize, since his ticket was the only one with all the numbers matching (12, 21, 42, 44, 49 – 1 PB). According to the lottery statement, the winning ticket was purchased at the Food Castle located at 3035 E. Grand Blanc Road, Grand Blanc, Michigan.

After the victory, The jackpot returned to its original figure of \$20 million. which can be won by a player who matches six numbers in Wednesday’s drawing.

### How is Powerball played?

To play, participants must purchase a ticket from one of the accepted jurisdictions. When purchasing a ticket you must select SIX numbers.five corresponding to the white balls between numbers 1 and 69 and another corresponding to the red Powerball between 1 and 26.

To win the jackpot, players must match all six numbers. which appear in the white balls and the red ball on the day of the draw. However, contestants with fewer correct answers can still win prizes ranging from \$4 million to \$1 million.

### Powerball: Winning Numbers for Today’s Draw, January 3

After a winner was crowned last Monday, this Wednesday’s Powerball jackpot was \$20 million, with a cash value of \$10.1 million. Winning numbers for the January 3rd draw:

30-31-38-48-68 − 8 (red Powerball)

10x PowerPlay

If you don’t match all six numbers, don’t worry because if you match less you can still win money. Check your ticket to see how many correct answers you have and your corresponding prize according to these combinations:

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In case of winning the jackpot, the winner must choose between the annual prize, which consists of an immediate payment followed by 29 payments that increase by 5% each year, or a one-time payment equivalent to cash value.

Both prize options are before taxes. Once the prize is won, 24% will be deducted from the winner. In addition, the winner will be in the highest tax bracket of 37% and will have to pay state taxes if the place where they purchased the tickets taxes the lottery winnings or imposes an income tax.

### When are the Powerball drawings held?

Powerball drawings are held three times a week, each Monday, Wednesday and Saturday at 10:59 pm ET. (9:59 p.m. CT/7:59 p.m. PT) from the Florida Lottery drawing studio in Tallahassee.

Tickets can be purchased in almost every state in the country., excluding Alabama, Nevada, Utah, Hawaii and Alaska. This lottery is also available in Washington, D.C., Virgin Islands and Puerto Rico. The cost of a standard ticket is 2 dollars.

The deadline for purchasing tickets for this lottery is whether in person or online, is within one or two hours before the scheduled drawingbut this varies from one jurisdiction to another.

### When is the next Powerball drawing?

These Dates for the next Powerball drawings: