Powerball jackpot at $394 million for Wednesday night drawing

Photo courtesy: MGN
By  | 

PUEBLO, Colo. (KKTV) - The Powerball jackpot for Wednesday night's drawing was won by a single person in Florida.

The winning numbers for Jan, 29, 2020: 9, 12, 15, 31, 60. Powerball 2. Power Play 2.

The estimated cash value of the Jan. 29 drawing is $274.6 million.

Since June of last year, Colorado has sold $34 million in Powerball tickets, of which nearly $13 million went to Lottery’s proceeds partners. Colorado Lottery retailers received nearly $2.8 million from Powerball sales this fiscal year.

Recently, a Colorado man won $2 million in the Powerball. It took him about a week after the drawing before he realized he had a winning ticket!

Powerball tickets are $2 per play. Players can multiply non-jackpot prizes with the Power Play option for an additional $1 per play.

According to Colorado Lottery, if you're lucky enough to win the jackpot, you'll have two choices: you can choose to receive the prize through 30 payments across 29 years, or you can receive it all in a lump sum (cash value).

"The cash value, in general, is the amount of money required to be in the jackpot prize pool on the day of the drawing to fund the estimated annuity prize. A jackpot winner who selects the annuity will receive one immediate payment followed by 29 annual payments that increase by 5 percent each year," Colorado Lottery said.