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Powerball Winning Numbers for July 16, 2016 Drawing: Powerball Jackpot Now $333 Million

Powerball
A powerball Lottery ticket is shown in this photo illustration after being purchased at a gas station in San Diego, California, February 10, 2015. |

UPDATE - July 16, 2016 - 11:00 p.m. ET - Winning numbers for Saturday night are 11, 17, 40, 50, 62 and the powerball is 26. Powerplay is 2x.

Powerball jackpot has reached $333 million, with a cash value of $237 million for today's drawing following the draw on Wednesday, July 13, 2016. Check this page again at 11:00 p.m. ET as we will be posting the winning numbers here real time.

The winning combination for the previous draw was 3-15-29-54-57, Powerball 10 and Powerplay 3x.

No one has claimed the prize for the Match 5 Powerplay option wherein each winner gets to bring home $2 million in cash prize. However, tickets sold in Indiana and another in Michigan won the cash prize of $1 million for the other Match 5 Powerplay option.

Across the United States, there is a total of 1,076,033 winners for the July 13 draw. The total amount of non-jackpot prizes won was $10,751,264.

Mega Millions Jackpot Not Yet Announced

Mega Millions jackpot is yet to be announced after the large jackpot prize of $540 million ($381 million cash) was claimed by a single ticket sold in Indiana on July 8. This has been so far the third largest jackpot in Mega Millions history and the most largest won on a single Mega Millions ticket.

Next drawing will be on 19 July.

How the game is played

Powerball draw occurs every Wednesday and Saturday at 10.59 p.m. Five number balls are drawn from a drum with 69 white balls and one ball will be drawn from a drum with 26 red balls.

The jackpot can be claimed either as a cash lump sum or an annuitized prize paid out over 29 years. The second prize will be won by matching five white balls in any order and this can only be claimed by cash only. There are other, smaller prizes as well. The probability of getting a prize while playing Powerball is 1 in 25.

Tickets are worth $2 each. Ticket sales stop 59 minutes, or earlier (depending on the state) from the day's draw.

Powerplay Option

For an additional $1 on top of the $2 ticket, you can increase the original amount of the prizes, excluding the jackpot. For the Match 5+0, a winner that opted for Power Play will get $2 million instead of $1 million. For smaller prizes, Powerball representatives will draw a multiplier – 2x, 3x, 4x, or 5x.

Payment Options

A Powerball jackpot winner can choose between annuity or one-time pay option. For annuity, the winner will receive an immediate payment, which is then followed by annual payments for the next 29 years. Each payment is 5 percent bigger than the next; made possible through Powerball investments on the remaining winnings.

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