New Year's Day Powerball jackpot increases to $500 million

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New Year's Day Powerball jackpot increases to $500 million
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A single winner would take home close to $355.9 million in cash value.

The New Year's Day Powerball jackpot has increased to $500 million, according to the lottery organization. The increase comes after no one came forth to claim the prize from the last Powerball drawing of 2021, which took place on Wednesday.

The next drawing will take place on New Year's Day. Separately, the lottery will hold a $1 million draw that will be broadcast live on"Dick Clark's New Year's Rockin' Eve with Ryan Seacrest 2022" on ABC. A woman buys Mega Millions tickets hours before the draw of the $1.6 billion jackpot, at a liquor store in Downtown Washington DC, on October 23, 2018. Think you want to take that chance? Tickets are $2 per play, and are sold are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

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