January 4 Powerball Winning Numbers, Lottery Results and Winners: Jackpot Jumps to $44M

Filed in Gather News Channel by on January 5, 2012 0 Comments

The Powerball results show there are over 500,000 lottery winners! The Powerball winning numbers for January 4, 2012, are 21, 35, 46, 47, 50, the Powerball number is 2, the Power Play number is 4. Are you one of the many Powerball winners in last night’s drawing?

Photo credit: alvimann from morguefile.com

Good Lottery News and Bad Lottery News

The bad news is there were no Powerball jackpot winners Wednesday night. The good news is the next Powerball jackpot jumped to $44,000,000 annuity, or $27,900,000 cash, so you have another chance at being the first Powerball multimillionaire jackpot winner for the 2012 New Year.

You’ll have to remember to pay your portion of taxes though. Uncle Sam wants to share in your good fortune to the tune of 25 percent federal taxes, and whatever your state taxes are for lottery winnings. This could mean as much as 7.75 percent if you’re the Christmas Eve Maryland Powerball winner, plus the 25 percent in federal taxes!

Powerball Results and Winners January 4, 2012

Wednesday night’s Powerball drawing wasn’t all bad news however. There was one (1) $1,000,000 Powerball Power Play winner who purchased his winning ticket in Colorado. The lottery winner matched five out of six Powerball winning numbers, but not the Powerball number, and spent an extra dollar on the Power Play option. This wise decision made the difference between the standard payout of $200,000 and $1,000,000.

There were also two (2) other Match 5 + 0 winners for $200,000 each. The winners purchased their tickets from the Florida Lottery and the New York Lottery, but did not buy Power Play tickets. Too bad for them. They could have been instant millionaires!

In addition to the high-tier Powerball winning tickets sold, there were twenty-four (24) Match 4 + 1 winners for $10,000 each. Four (4) of the second-tier winners purchased Power Play tickets, and when multiplied by Wednesday’s Power Play number of 4, their lottery winnings automatically increased to $40,000 each. They’ll be happier when they wake up $30,000 richer by spending an extra dollar!

When is the Next Powerball Drawing?

The next Powerball drawing is January 7, 2012 at 10:59pm ET, so buy your tickets now! Saturday’s estimated Powerball jackpot is $44,000,000 annuity paid out in 30 annual payments, or as a one-time lump-sum payment of $27,900,000 before taxes. The multi-state Powerball game is played in 42 States, Washington D.C. and the US Virgin Islands. The Powerball winning numbers are drawn live each Wednesday and Saturday evening. You can catch the live drawing on select TV stations around annuity the country, or by viewing Power Ball Live online, also at 10:59pm.

Please Play Responsibly

Remember, playing the lottery should be fun, but sometimes too much lottery fun can be addictive and could ruin lives. Please play responsibly, and don’t spend more than you’re willing to lose.

See all Donna’s Mega Millions results and Powerball results at Gather.com.

About the Author ()

Leave a Reply