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$700 Million Powerball® Jackpot Set for Saturday’s Drawing

2/3/2023
Estimated Powerball® Jackpot $700 Million; $375.7 million cash value for the Saturday drawing
 
Middletown, PA – The Powerball® jackpot is now offering an estimated annuity value of $700 million, or $375.7 million cash, for the next drawing on Saturday, February 4. If a player wins Saturday’s jackpot at $700 million, it will rank as the sixth-largest Powerball® jackpot and tenth-largest U.S. lottery jackpot.
 
“Whether it’s purchasing your Powerball ticket in-store or on our website, it only takes one ticket to win a life-changing jackpot prize,” said Pennsylvania Lottery Executive Director Drew Svitko. “Powerball tickets are just $2 per play and players can feel good about the fact that, in Pennsylvania, proceeds go to help older residents with life-sustaining programs and services. While these are exciting times, we remind players to please play responsibly.”
 
In Pennsylvania, this recent jackpot run has generated more than $60.4 million in sales, creating a profit of more than $24.1 million to benefit older Pennsylvanians. As of Friday afternoon, in Pennsylvania, Powerball® tickets were sold at the rate of an estimated more than $2,700 each minute with more than 1,200 tickets being sold per minute.
 
The Powerball® jackpot was last won on Nov. 19, 2022, by a single ticket in Kansas that won a grand prize worth $92.9 million. The last time a Powerball® jackpot was won in Pennsylvania was on August 3, 2022.
 
If there is no Powerball® winner in Saturday’s drawing, the jackpot for the Monday, February 6 drawing will be an estimated $747 million, or $403.1 million cash.
 
The Pennsylvania Lottery offers the following tips to players:
  • Always check your PA Lottery tickets at the time of purchase. Tickets cannot be canceled, so you should immediately speak to the clerk or manager to resolve any concerns before leaving the store.
  • Always sign the back of your PA Lottery ticket. This will help prevent someone else from trying to cash it in the event your PA Lottery ticket becomes lost or stolen, or if someone tries to scratch out, white out or change your signature.
  • Never post your winning ticket on social media. This will prevent someone else from trying to cash your winning ticket.
Pennsylvania Lottery players have options to purchase their Powerball® tickets online or by visiting a retailer. Players can find lottery-selling locations closest to them by visiting the Find a Retailer section of the Lottery’s website.
 
Additionally, pooling ticket purchases with friends can be a fun way to play responsibly. To help players manage their pooled ticket purchases, Pool Play forms are available at www.palottery.com.
 
Winners are not known until prizes are claimed and tickets are validated. Pennsylvania Lottery Powerball® winners have one year from the drawing date to claim prizes. Winning tickets purchased at a Lottery retailer should immediately be signed on the back. Online winnings automatically appear in a player’s account after the claim has been processed. To initiate an online prize claim, winners should call 1-800-692-7481. Players may visit palottery.com for more information about how to file a claim.

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About Us: The Pennsylvania Lottery remains the only state lottery to direct all proceeds to programs that benefit older residents. Since ticket sales began in 1972, it has contributed more than $33.8 billion to fund property tax and rent rebates, transportation, care services, prescription assistance, and local services including senior centers and meals.

Visit the Winners and Benefits pages at palottery.com to review how much money each county receives in Lottery prizes and funding to benefit older Pennsylvanians.

Players must be 18 or older. Please play responsibly. Call 1-800-GAMBLER (1-800-426-2537) for help with a compulsive gambling problem.

Visit palottery.com for winning numbers, rules, chances of winning, and to join the VIP Players Club to play online or enter for second chances to win. Install our Official App, like us on Facebook and follow us on Instagram and Twitter @PALottery. Use the hashtag #palottery to share your messages with us.
 

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