"Michigan Ticket Holder Wins Record New Year's Day Powerball Jackpot of $842M"

A Powerball ticket sold in Michigan won an $842.4 million jackpot on New Year’s Day 2024, marking the first time the game has been won on January 1st since its inception in 1992. The jackpot, which had been growing since mid-October, became the fifth-largest in Powerball history and the 10th-largest in U.S. lottery history. The winner can choose between a 30-year annuity or a lump sum of $425.2 million before taxes. Additional prizes were won in other states, with four $1 million prizes and two $2 million prizes with the Power Play option. Powerball is played across multiple U.S. jurisdictions.