Powerball jackpot rises to $65 million for February 2 drawing - Here's what the winner could actually pocket

The Powerball jackpot has climbed to an estimated $65 million for the February 2 drawing after no one matched all six numbers on Saturday night. The growing prize has once again sparked interest among lottery players nationwide.

The eventual winner will have two payout options: a 30-year annuity valued at about $65 million, with payments increasing by 5 percent each year, or a lump-sum cash payment of approximately $29.4 million before taxes.

Lottery officials continue to stress that the odds of winning the Powerball jackpot are extremely slim—about 1 in 292.2 million. Despite these long odds, Powerball remains one of the most popular lottery games in the country. It is played in 45 states, along with Washington, DC, Puerto Rico, and the US Virgin Islands.


The current jackpot follows a recent win that reset the prize. On January 21, a single ticket sold in North Carolina matched all five white balls and the red Powerball to claim an estimated $209 million.

Powerball last captured major attention in December 2025, when an Arkansas man won a record-breaking $1.817 billion jackpot on Christmas Eve.

Powerball winning numbers for January 28

The winning numbers for January 31 (Saturday): 02-08-14-40-63 and the Powerball is: 23. The Powerplay was 3X.

When is the next Powerball drawing?

The next drawing will take place on Monday, February 2. Drawings are held three times per week at approximately 10:59 PM ET every Monday, Wednesday, and Saturday.

What is the Powerball payout?

• Match 5 White Balls + Powerball: Jackpot
• Match 5 White Balls: $1 million
• Match 4 White Balls + Powerball: $50,000
• Match 4 White Balls: $100
• Match 3 White Balls + Powerball: $100
• Match 3 White Balls: $7
• Match 2 White Balls + Powerball: $7
• Match 1 White Ball + Powerball: $4
• Match Powerball: $4
• Match 5 White Balls with Power Play: $2 million
• Match 4 White Balls + Powerball with Power Play: $200,000
• Match 4 White Balls with Power Play: $400
• Match 3 White Balls + Powerball with Power Play: $400
• Match 3 White Balls with Power Play: $28
• Match 2 White Balls + Powerball with Power Play: $28
• Match 1 White Ball + Powerball with Power Play: $16
• Match Powerball with Power Play: $16

Deadline to buy Powerball tickets

The Powerball ticket purchase deadline varies by state, so one shouldn’t wait until the last minute. In New Jersey, sales close at 9:59PM on the day of the drawing, while in New York, the cutoff is 10PM.

How to play Powerball?

Powerball tickets cost $2 each, with an optional Power Play for an additional $1, which can multiply non-jackpot prizes by up to 5x (except for the jackpot and Match 5), and up to 10x if the jackpot is under $150 million.

Each player chooses five numbers from 1 to 69 for the white balls and one number from 1 to 26 for the red Powerball. A quick pick option is also available by the lottery machine which randomly generates numbers.

Prizes range from $4 for matching only the Powerball to $1 million for matching all five white balls (except in California), and the jackpot for matching all six numbers.

How many states have Powerball?

Powerball is available in 45 states, along with Washington, DC, Puerto Rico, and the US Virgin Islands, making it one of the most widely played lottery games in the United States.

How to buy Powerball tickets?

Powerball tickets can be bought in person at gas stations, convenience stores, grocery stores, and some airport terminals.

Alternatively, tickets can be purchased online through the Jackpocket app in select states: Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, Washington DC, and West Virginia.

The Jackpocket app lets players choose their game and numbers, place orders, view tickets, and collect winnings directly from their phone or home computer, providing a convenient digital alternative to in-person purchases.