The Powerball drawing on Saturday, October 14, 2023 did not produce a jackpot winner. This means the jackpot for the next drawing on Monday, October 16 will continue to grow. As of Sunday, October 15, the estimated jackpot is $480 million.
What are the Powerball winning numbers for October 14?
The winning numbers for the Saturday, October 14, 2023 Powerball drawing were:
White balls: 18, 23, 35, 45, 54
Powerball: 16
While no ticket matched all six numbers to win the jackpot, there were some smaller prize winners:
- 1 ticket matched 5 numbers plus the Powerball to win $1 million
- 6 tickets matched 5 numbers to win $1 million each
- 23 tickets matched 4 numbers plus the Powerball to win $50,000 each
- 517 tickets matched 4 numbers to win $100 each
- 123,485 tickets matched 3 numbers plus Powerball to win $100 each
- 329,990 tickets matched 3 numbers to win $7 each
- 656,097 tickets matched 2 numbers plus Powerball to win $7 each
Where was the $1 million winning ticket sold?
The one ticket that matched 5 numbers plus the Powerball to win the $1 million prize second-tier prize was sold in Texas.
The specific retail location where the winning ticket was sold has not yet been released. However, we do know the $1 million prize-winning ticket was sold somewhere in Texas.
What were the odds of winning?
The odds of winning the Powerball jackpot are incredibly small. The chances are 1 in 292,201,338. Here are the odds for other prize levels:
| Prize Level | Odds of Winning |
|---|---|
| Match 5 numbers + Powerball | 1 in 11,688,053.52 |
| Match 5 numbers | 1 in 11,688,054.00 |
| Match 4 numbers + Powerball | 1 in 913,129.18 |
| Match 4 numbers | 1 in 36,525.17 |
| Match 3 numbers + Powerball | 1 in 14,494.11 |
| Match 3 numbers | 1 in 579.76 |
| Match 2 numbers + Powerball | 1 in 701.33 |
As you can see, the odds are stacked against winning the jackpot. That is why the jackpots keep growing to astronomical levels when there are multiple rolls without a grand prize winner.
What were the Powerball sales and profits?
Powerball ticket sales vary for each drawing, based on the size of the advertised jackpot. Here are the estimated sales and profit totals for the October 14, 2023 drawing:
| Item | Amount |
|---|---|
| Total tickets sold | $42 million |
| Total sales revenue | $84 million |
| Prize payouts | $53.8 million |
| Profit for jurisdictions | $30.2 million |
The profit from Powerball ticket sales is split between the 48 participating state lotteries as well as Washington D.C., Puerto Rico and the U.S. Virgin Islands. The money goes to support government programs and services in each jurisdiction.
When is the next Powerball drawing?
The next Powerball drawing will be held on Monday, October 16, 2023 at 10:59 p.m. Eastern Time. The drawing is held live every Monday, Wednesday and Saturday at 10:59 p.m. ET.
For the October 16 drawing, the jackpot is an estimated $480 million. If a ticket matches all six numbers on Monday night, that lucky player would have the option to take the jackpot spread out over 29 years in annual installments, or they could take a lower one-time lump sum cash payment of approximately $242.2 million before taxes.
What is the Powerball game and how do you play?
Powerball is a multi-state lottery game started in 1992. It is coordinated by the Multi-State Lottery Association. Powerball tickets cost $2 per play. To play, you select five numbers from 1 to 69, and then one Powerball number from 1 to 26. You can let the lottery terminal randomly pick your numbers by requesting a Quick Pick.
To win the jackpot, you must match all five white ball numbers in any order, plus the red Powerball number. The second prize tier for matching just the five white numbers pays $1 million. Lower tiers pay prizes for matching some but not all of the numbers. The overall odds of winning a prize are 1 in 24.9.
Powerball drawings are held three times a week, on Monday, Wednesday and Saturday nights at 10:59 p.m. ET. Tickets must be purchased by 9:45 p.m. ET on draw nights to be eligible for that drawing. Jackpots start at $20 million, and grow based on game sales and interest rates. There is no cap on how large the top prize can grow.
Where can I buy Powerball tickets?
Powerball tickets are sold in 45 states, plus Washington DC, Puerto Rico and the U.S. Virgin Islands. The states that do not offer Powerball are Alabama, Alaska, Hawaii, Nevada and Utah. In states that do participate, you can purchase Powerball tickets at any authorized lottery retailer.
Many grocery stores, gas stations, convenience stores and tobacco shops sell lottery tickets. You can also purchase Powerball tickets online in some states through approved lottery websites and apps. Players must be 18 or older. Tickets cannot be purchased across state lines.
What happens if no one wins the jackpot?
If there are no jackpot winners for a particular drawing, the top prize will continue growing for future drawings. This creates enormous jackpots that capture national media attention. It is not uncommon for the jackpot to surpass $500 million or even $1 billion when it goes through multiple rolls without a winner.
The record for the largest Powerball jackpot is $1.586 billion in January 2016. It was split between three winning tickets. Since there is no cap on the jackpot, it’s likely a new record over $1 billion will be achieved at some point in the future.
What are the chances the jackpot will be hit?
The odds of winning the Powerball jackpot are incredibly small, at just 1 in 292 million. To put that in perspective, you are over 4,000 times more likely to be struck by lightning in your lifetime.
However, it only takes one ticket to win. As more tickets are sold for each drawing, the probability increases that at least one player will match all six numbers. With jackpots over $400 million, millions of people tend to buy tickets hoping to strike it rich.
While exceedingly rare, the gigantic jackpots are always hit eventually. Since the start of Powerball in 1992, the jackpot has been won by at least one ticket 38 times. It’s not likely anyone will win on a single specific drawing, but it’s almost certain the jackpot will be struck within a few months.
Has anyone in my state ever won?
Powerball jackpot winners have come from all over the country. Big winners have been seen in small towns and major metropolitan areas alike. Some notable winners by state include:
- Arizona: $487 million in February 2018 split by one ticket
- California: $316 million in February 2015 split by one ticket
- Colorado: $133 million in April 2018 split by one ticket
- Florida: $590 million in May 2013 split by one ticket
- Georgia: $399 million in June 2013 split by two tickets
- Illinois: $112 million in June 2012 split by three tickets
- Indiana: $435 million in February 2017 split by one ticket
- Iowa: $343.9 million in October 2018 split by one ticket
- Kansas: $191.1 million in May 2019 split by one ticket
- Kentucky: $128.6 million in September 2013 split by two tickets
- Louisiana: $191.1 million in April 2019 split by one ticket
- Maryland: $218.6 million in December 2011 split by three tickets
- Massachusetts: $758.7 million in August 2017 won by one ticket
- Michigan: $337 million in August 2012 won by one ticket
- Minnesota: $587.5 million in January 2018 split by one ticket
- Missouri: $258 million in October 2016 won by one ticket
- New Hampshire: $559.7 million in January 2018 won by one ticket
- New Jersey: $338 million in March 2019 won by one ticket
- New York: $245 million in December 2018 won by one ticket
- North Carolina: $344.6 million in February 2019 split by one ticket
- Ohio: $543 million in June 2019 won by one ticket
- Oregon: $150.4 million in October 2005 split by two tickets
- Pennsylvania: $128 million in April 2012 split by three tickets
- Rhode Island: $336.4 million in February 2012 split by three tickets
- South Carolina: $399 million in October 2018 won by one ticket
- Tennessee: $528.8 million in July 2018 split by one ticket
- Texas: $157 million in August 2013 won by one ticket
- Virginia: $145 million in February 2015 won by one ticket
- Washington: $90 million in September 2015 split by two tickets
- West Virginia: $148 million in August 2008 split by two tickets
- Wisconsin: $208.8 million in August 2006 split by one ticket
This list shows that residents in almost every participating state have won the jackpot over the years. Dreams of instant wealth have come true for lucky winners across the country.
What do winners do with the jackpot?
Powerball jackpot winners have the option of taking their share of the prize spread out over 29 annual payments, or as a one-time lump sum payment of a lower amount, typically about 60% of the advertised amount. Most winners choose the immediate cash payout.
Recent Powerball winners who took home massive checks include:
- May 2019: $344.6 million in North Carolina (lump sum of $223.3 million)
- March 2019: $768.4 million in Wisconsin (lump sum of $477 million)
- December 2018: $298.3 million in Hawaii (lump sum of $180 million)
Winners often appear at press conferences to discuss their prize, but they don’t have to reveal their identity publicly if they live in a state that allows them to remain anonymous. Lottery winners typically engage lawyers and financial planners to help manage their newfound wealth responsibly.
It’s common to see jackpot winners share their prize with family, friends, charity and their communities. They may buy expensive houses, cars, vacations, etc. Some continue working while others retire early. The prize gives them incredible opportunities to live their dreams.
Have there been problems for winners?
Sudden wealth from a jackpot prize can sometimes attract problems. Some issues that have been seen include:
- Relatives or friends asking for money
- Scam artists trying to steal winnings
- Lawsuits from people for frivolous reasons
- Marriages falling apart due to stress
- Bad investments or reckless spending
- Envy and resentment from others
Winners need to surround themselves with professionals and real supporters who can help navigate all the potential issues. It helps to maintain perspective, set priorities, say no when appropriate, and manage the money responsibly. Having a solid team is critical.
Is there a time limit to claim prizes?
Yes, every state has a deadline by which lottery prizes must be claimed. For Powerball, players have 180 days from the date of the drawing to claim their prize. Unclaimed prizes are kept by the lottery jurisdiction.
Jackpot winners almost always come forward very quickly, but sometimes smaller prizes go unclaimed. Players should sign their tickets when they buy them to help prove ownership if they win. Tickets should be kept very safe until cashing them in.
What happens if I win the jackpot?
Here are some key things to keep in mind if you win a Powerball jackpot:
- Sign the back of your ticket and keep it somewhere very safe
- Hire reputable attorneys, accountants and financial advisors to help you claim the prize responsibly
- Determine whether to remain anonymous if you live in a state that allows it
- Decide whether to take the annuity or lump sum payout
- Have a plan for wisely investing and managing the money
- Don’t make rushed decisions about spending the windfall
- Tell very few people about winning at first for security
- Be prepared to say no to requests from friends and strangers
- Be skeptical of investment offers or pitches
- Use the money as a tremendous opportunity to live your dreams!
Conclusion
The Powerball jackpot continues growing after no winners in the Saturday, October 14 drawing. Excitement is building with an estimated $480 million top prize for the next drawing on Monday, October 16. Powerball has made millionaires and billionaires since 1992, transforming lives across the country. While the odds are incredibly small, someone eventually wins, and the next jackpot could produce the next Powerball winner story!
