Politics & Government
Jan. 3 Powerball Jackpot $522M: Deadline For Tickets In RI
An estimated $522 million jackpot is up for grabs in Monday's Powerball drawing. What would you do with the winnings?
RHODE ISLAND — The jackpot in Monday night’s Powerball drawing is an estimated $522 million, with an estimated cash payout of $371.5 million. To get in on it, folks in Rhode Island will have to buy the tickets at least one hour before the drawing, which takes place at 10:59 p.m. Eastern Time.
In Rhode Island, tickets for Monday night’s drawing must be purchased by 9:59 p.m.
No one won Saturday’s estimated jackpot of $500 million, making it the 38th in a row without a winner.
Find out what's happening in Cranstonfor free with the latest updates from Patch.
The odds of winning the Powerball jackpot are 1 in 292.2 million, regardless of how many people play the game. To win the jackpot, a player must match all five white balls and the red Powerball number.
Tickets cost $2. There are nine ways to win (except in California, where all payouts are based on sales and the number of winners):
Find out what's happening in Cranstonfor free with the latest updates from Patch.
- The Powerball only: $4 (1 in 38 odds)
- One number plus the Powerball: $4 (1 in 91 odds)
- Two numbers plus the Powerball: $7 (1 in 701 odds)
- Three numbers: $7 (1 in 579 odds)
- Three numbers plus the Powerball: $100 (1 in 14,494 odds)
- Four numbers: $100 (1 in 36,525 odds)
- Four numbers plus the Powerball: $50,000 (1 in 931,129 odds)
- Five numbers: $1 million (1 in 11,688,053 odds)
- Five numbers, plus the Powerball: Jackpot amount (1 in 292,201,338 odds)
Lottery officials have advice for whoever has the winning numbers:
- Sign your winning ticket. Write your full name and signature on the back of the winning ticket. If you lose your ticket, having your name on the ticket means that no one else will be able to cash it in.
- Keep your winning ticket in a safe place. Take steps to protect your winning lottery ticket by putting it somewhere safe where it won't accidentally get thrown out.
- Get legal and financial advice. It might be wise to talk to some experienced professionals such as a lawyer, an accountant, or an investment adviser to help manage your winnings. The winning Powerball numbers are drawn every Monday, Wednesday and Saturday at 10:59 p.m. Eastern time, with Powerball results usually posted within 5 minutes.
Winners in California, Florida and Tennessee split the largest Powerball prize in history, a $1.586 billion jackpot, in January 2016.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.