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LotteryFriday, January 9, 20263 min read

Powerball Hits $124M Saturday After No Wednesday Winner

Nobody hit Wednesday's Powerball, so Saturday's jackpot swells to $124 million. One Delaware player did turn $4 into $2 million with the Power Play.

By Lucky Lucy

Est. 2019
THE RAGING DEGENERATE
Your Daily Dose of Gambling News
Lottery
Powerball Hits $124M Saturday After No Wednesday Winner
Nobody hit Wednesday's Powerball, so Saturday's jackpot swells to $124 million. One Delaware player did turn $4 into $2 million with the Power Play.
By Lucky Lucy
ragingdegenerate.com
#Powerball #lottery #jackpot #Delaware #DegenLife #GamblingNews

The Powerball jackpot keeps climbing. Nobody matched all six numbers Wednesday night, pushing Saturday's drawing to an estimated $124 million with a cash option of $56 million.

Not exactly the billion-dollar jackpot from Christmas, but still life-changing money.

The Quick Hit

  • Saturday jackpot: $124 million (cash value: $56 million)
  • Wednesday's numbers: 15, 28, 57, 58, 63 — Powerball: 23
  • Big winner: One Delaware player won $2 million with Power Play
  • Next drawing: Saturday, January 10, 2026 at 10:59 PM ET

The Delaware Millionaire

While nobody hit the jackpot, one lucky Delaware degen matched the first five numbers but missed the Powerball. That's normally a $1 million prize.

But this player spent the extra $1 for Power Play, which was 2x on Wednesday. So their $1 million became $2 million.

That's a $2 ticket turning into $2 million. Not bad math.

The Power Play multiplier randomly applies 2x, 3x, 4x, 5x, or 10x to non-jackpot prizes. Missing the Powerball but hitting all five main numbers with a 10x multiplier would be $10 million. That's the dream within the dream.

Jackpot Trajectory

Since the Arkansas winner claimed the $1.765 billion jackpot on Christmas Eve, Powerball has been rebuilding:

  • December 26: $20 million
  • December 28: $33 million
  • December 31: $45 million
  • January 4: $64 million
  • January 6: $86 million
  • January 8: $104 million
  • January 10: $124 million

At this rate, we could see another $500M+ jackpot by February if the streak continues. The mathematical reality is that most drawings don't produce winners — the odds are 1 in 292.2 million.

The Mega Millions Alternative

If Powerball isn't your style, Mega Millions draws Friday night. That jackpot is sitting around $200 million after nobody won Tuesday's drawing.

Between the two games, there's over $300 million in lottery jackpots available this weekend. Your odds of winning either are essentially zero, but hope is a hell of a drug.

New Tax Rules Apply

Remember those gambling tax changes that took effect January 1? They apply to lottery winnings too.

The federal tax hit on a $56 million cash prize would be around $13-14 million right off the top (24% withholding). State taxes vary — Delaware actually doesn't have a state lottery tax, making that $2 million winner even luckier.

If you're in a high-tax state, you'll owe more come April. Plan accordingly.

How to Play

Powerball tickets cost $2. Adding Power Play costs an extra $1 per ticket.

Drawings happen Monday, Wednesday, and Saturday at 10:59 PM ET. You can buy tickets up until about an hour before the drawing in most states.

The odds of hitting the jackpot are 1 in 292,201,338. The odds of winning any prize are about 1 in 24.9. You're statistically more likely to get hit by lightning while being attacked by a shark, but someone has to win eventually.

The Bottom Line

Saturday's $124 million Powerball jackpot won't make headlines like the billion-dollar drawings, but it's still generational wealth for whoever hits.

The Delaware player who turned $4 into $2 million with a Power Play ticket is proof that you don't need the jackpot to change your life. Sometimes hitting five numbers and paying for the multiplier is enough.

Tickets available everywhere lottery tickets are sold. Good luck, degenerates.