10 Things You Need to Know About Powerball January 18

1. The Powerball drawing on January 18th is expected to have a jackpot of over $200 million, making it one of the largest in history.

2. The winning numbers for the Powerball jackpot will be announced live on television and online at 11 p.m. EST.

3. In addition to the jackpot prize, there are also eight other ways to win in the Powerball drawing, including matching just the Powerball number for a $4 prize.

4. Tickets for the Powerball drawing on January 18th can be purchased at authorized retailers in participating states or online through the official Powerball website.

5. The odds of winning the Powerball jackpot are 1 in 292.2 million, but players have better odds of winning one of the smaller prizes.

6. The largest Powerball jackpot ever won was $1.586 billion in January 2016, which was split between three winning tickets.

7. If you win the Powerball jackpot, you have the option of taking the prize as a lump sum payment or as an annuity paid out over 30 years.

8. Winners of the Powerball jackpot are required to pay federal and state taxes on their winnings, which can significantly reduce the amount of money they receive.

9. The Powerball drawing on January 18th will be broadcast live from the Florida Lottery studio in Tallahassee, with lottery officials and an independent auditor present to oversee the drawing.

10. Even if you don't win the Powerball jackpot, playing the game helps fund important programs in the participating states, such as education, public safety, and environmental conservation.