Michigan man wins massive Powerball payout

The lottery player won hundreds of millions of dollars.

A player in Michigan has won the $842.4 million Powerball jackpot on New Year’s Day, marking the first time the game has been won on this day since it started in 1992. The winning numbers for the jackpot were 12, 21, 42, 44, 49, and the red Powerball number was 1.

Driving the news: The final ticket sales pushed the jackpot beyond its earlier estimate of $810 million to reach $842.4 million at the time of the drawing. This makes it the fifth-largest Powerball jackpot and the 10th-largest lottery jackpot ever won in the United States.

  • The jackpot had been growing since mid-October before being won on New Year’s Day.
  • The odds of winning the Powerball jackpot are approximately 1 in 292.2 million.
  • The winner has the option to choose between an annuitized prize of $842.4 million, payable over 30 years, or a lump sum payment of $425.2 million, before taxes.
  • Additionally, there were four top-winning tickets sold in California, Connecticut, Florida, and Maryland, which matched all five white balls to win $1 million prizes. Two tickets from Florida and Texas matched all five white balls, plus the Power Play option, and won $2 million prizes.
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