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Powerball winning numbers $70M Jan. 8: Powerball jackpot winner will be rich

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Who's got the $70 million Powerball winning jackpot ticket for Wednesday's drawing? The Jan. 8, 2014 Powerball winning numbers are worth a staggering $70 million annuity payout, or a one time cash option of $38.6 million, New Jersey Lottery officials announced on Jan. 6. Sadly, both payout options are before state and federal taxes are deducted.

Wednesday's drawing is the fourth drawing since Missouri lottery winner Kevin Carlson hit the $71.5 million Powerball jackpot on Christmas Day, Dec. 25. The jackpot has been growing ever since. Is tonight the night someone will win the $70 million grand prize? It's anyone's guess, but remember, you can't win if you don't play!

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BREAKING NEWS: The Powerball winning numbers for January 8, 2014 are 10, 28, 39, 47, 58, and the red Powerball number is 22.
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Meanwhile, New Jersey Lottery Executive Director Carole Hedinger announced on Monday, Jan. 6, that although there were no second or third-tier Powerball winners in the last drawing, a total of 16,654 New Jersey players took home an estimated $94,056 in prizes ranging from $4 to $200. The Powerball winning numbers for the Saturday, January 4 drawing were 19, 20, 37, 41, 58, and the red Powerball number was 14.

Carole Hedinger commented,

"Congratulations to these fortunate lottery winners who purchased the winning tickets. These lucky players now join the growing ranks of New Jersey Powerball winners."

What Time is the Powerball Drawing?

According to the Florida Lottery, the next Powerball drawing is scheduled for 10:59 p.m. EST on Wednesday, Jan. 8, 2014. The Powerball game is played in 43 states plus the District of Columbia and the U.S. Virgin Islands. The Powerball winning numbers are drawn live Wednesday and Saturday evenings. Tickets cost $2 each, and another $1 for the Power Play option which could instantly multiply your prize winnings.

What's the probability of winning the Powerball jackpot on Wednesday, Jan. 8? Lottery officials say the overall odds of winning the Powerball jackpot is 1 in 175,223,510, meaning you are 251 times more likely to be hit by lightning! The odds of winning any prize is 1 in 31.85.

The largest Powerball jackpot in lottery history was $590.5 million annuity (cash option of $370.8 million). It was won by one Florida lottery winner on May 18, 2013. See the article Florida Powerball lottery winner Gloria MacKenzie claims massive $590M jackpot for more details.

Latest Mega Millions Results

The most recent Mega Millions winning numbers for Tuesday, Jan. 7, were 13, 34, 56, 62, 64, the Mega Ball number was 6, and the Megaplier was X 5. There were no Mega Millions jackpot winners for this drawing. See the article Mega Millions winning numbers $15M Jan. 7: Tennessee lottery winner hits $61M for more information. Friday's jackpot amount is $20 million annuity, or $10 million cash value. Don't miss it!

Sources: Powerball.com; New Jersey Lottery

Photo Credit: Powerball Lottery Money by Morguefile; imelenchon

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