Powerball Numbers, Results Jan. 13, 2016: $1.5B Jackpot Is Largest in History
UPDATED 11 P.M. EST - Winning numbers for the $1.5 Billion jackpot on Wednesday, Jan. 13, 2016 are 8-27-34-4-19 and the Powerball is 10.
Again, the winning numbers for today are:
8-27-34-4-19 and the Powerball is 10
Wednesday’s Powerball jackpot is currently at $1.5 billion, with a cash value of $930 million. This makes it the largest jackpot in history.
Last Saturday’s winning numbers were 16, 19, 32, 34, 57 and 13. There were regular 18,315,365 winners, and $159,080,965 in non-jackpot money was won.
Buying Frenzy of Lottery Tickets
As NBC News reports, Kelly Cripe, the director of media relations at the Texas Lottery Commission, explained that the jackpot has grown massive due to the buying frenzy of players.
"Jackpot increased because of yesterday's strong sales," Cripe said.
The hope of becoming a Powerball billionaire has spread as far as China. NBC News reports that some U.S-based online retailers are offering Powerball tickets to Chinese citizens for around $3 to $4.
There are nine ways to win at Powerball. There is a 1 in 292,201,338 chance of getting the grand prize, and a 1 in 11,688,053.52 in winning $1,000,000. Playing it safe, a Powerball player has a 1 in 38 chance of simply doubling her money on a $2 ticket.
Typically, there is power in numbers. But, when it comes to pooling resources for a Powerball jackpot, this may not always be the case.
What is the Best Way to Play?
As CNBC reports, the best strategy might be just to buy your own tickets.
Jason Kurland, an attorney who has the distinction of being known as the “Lottery Lawyer,” strongly discouraged office lottery pools.
According to Kurland, the odds of winning the grand prize are so slight that purchasing a few more tickets does not really increase anyone's chances of winning.
"If you're going to take those crazy odds, you're better off doing it on your own so you don't have to split it," Kurland said.
He added that if an office pool actually beats the odds and wins, then the process of claiming and splitting up the money can often get complicated, especially if each participant has his or her own legal adviser.
"The last thing you want is 20 lawyers involved in anything," the attorney said.
If you are intent on joining a lottery pool, you should take precautionary measures to ensure that you do not get sued by fellow office workers who might claim they went in on the pool when they did not.
"Would you treat a $1.5 billion transaction with a handshake and trust?" Kurland asked.
Be sure to check here for stations broadcasting the drawing.
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