Powerball Jackpot Reaches $303 Million

The Powerball jackpot has reached $303 million for the upcoming drawing on Wednesday, January 15, after no one won the prize in the previous drawing. A winner can choose between a $303 million annuity or a one-time cash payment of $132.8 million. Despite the lack of a jackpot winner, over 14,000 tickets were sold in North Carolina during the last drawing, and one ticket in Virginia won $1 million. The Powerball has gone 16 consecutive drawings without a jackpot winner, with the last major win occurring on December 7, when a $256 million jackpot was claimed in New York. Players can purchase tickets at various retail locations or online, with odds of winning the jackpot at 1 in 292 million. The next drawing is scheduled for 11 p.m. EST on Wednesday night.