The winning numbers for the Powerball drawing held on Saturday, January 31, 2026, have been announced, with an estimated jackpot of $58.6 million, which equates to a cash value of $25.8 million. The winning numbers drawn are 2, 8, 14, 40, and 63, with the Powerball being 23 and the Power Play multiplier at 3x.

Notably, Michigan has seen a massive Powerball jackpot in the past. The largest winning ticket in the state, worth an incredible $842.4 million, was sold at Food Castle in Grand Blanc back in January 2024. As excitement builds, lottery players are eager to find out if anyone won the jackpot this time around.

The next Powerball drawing will take place on Monday, February 2, at 10:59 p.m. Drawings are scheduled for every Monday, Wednesday, and Saturday. In Michigan, players can purchase tickets, whether in-store or online, until 9:45 p.m. on the night of the draw.

Playing Powerball costs $2 per ticket, and for an extra $1, players can opt into the Power Play feature, which allows for non-jackpot prizes to be multiplied by two, three, four, five, or even ten times, depending on the randomly selected multiplier for that drawing.

The odds of winning the Powerball jackpot are quite steep, sitting at 1 in 292.2 million, but the allure of potentially life-changing prizes continues to captivate players. The comprehensive prize structure offers multiple ways to win, ranging from $4 for simply matching the Powerball to $1 million for matching five white balls.

Players looking for more excitement can also participate in the Powerball Double Play option, allowing them to use their numbers in a second drawing with a chance to win additional prizes of up to $10 million. This feature can be added for just $1 extra.

With the upcoming drawing, hopeful ticket holders will once again get a chance to dream big and join the ranks of Powerball winners.

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