Monday’s Powerball jackpot is worth an estimated $810 million and there is one lucky winner in Michigan.
The winning numbers for the first Powerball drawing of the new year were: 12, 21, 42, 44, 49 and a Powerball of 1.
The pot was ranked as the fifth-largest Powerball jackpot and 10th-largest U.S. lottery jackpot in history, according to the Multi-State Lottery Association. However, the odds of winning it are just as slim as ever, about 1 in 292.2 million.
Forms to pick numbers for Powerball are on display in a store. (Joe Raedle/Getty Images / Getty Images)
The winner will have the option of taking an annuitized prize worth an estimated $810 million or a lump cash payment estimated at $408.9 million, both of which will have taxes deducted.
With the annuity option, players will get one immediate payment followed by 29 annual payments that increase by 5% each year, lottery officials said.
A customer purchases a Powerball lottery ticket at the Brew Market & Cafe on October 10, 2023 in Austin, Texas. (Brandon Bell/Getty Images / Getty Images)
The last Powerball jackpot was won on Oct. 11 in California. The ticket holder won a $1.765 billion grand prize. Ever since, there have been 34 consecutive drawings without winners.
Here are the top 10 largest Powerball jackpots:
- $2.04 billion: Nov. 7, 2022 – California
- $1.765 billion: Oct. 11, 2023 – California
- $1.586 billion: Jan. 13, 2016 – California, Florida, Tennessee
- $1.08 billion: July 19, 2023 – California
- $810 million (est.) – Jan. 1, 2024
- $768.4 million: March 27, 2019 – Wisconsin
- $758.7 million: Aug. 23, 2017 – Massachusetts
- $754.6 million: Feb. 6, 2023 – Washington
- $731.1 million: Jan. 20, 2021 – Maryland
- $699.8 million: Oct. 4, 2021 – California
Fox News' Daniella Genovese contributed to this report.