Updated 09:05 PM EDT, Wed, Oct 22, 2014
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Powerball Numbers & Results January 4, 2014: Watch Live Stream of Drawing for $60 Million Jackpot

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Powerball Lottery Ticket
A woman holds her Powerball lottery ticket at the Bluebird Liquor store in Hawtorne, California August 7, 2013. Strong ticket sales have boosted the jackpot for Wednesday's Powerball lottery drawing to an estimated $425 million, the Multi-State Lottery Association said. (Photo : REUTERS/Fred Prouser)

Hoping to start off the new year with an extra $60 million in your pocket?

Then hurry and purchase a ticket for the Jan. 4 Powerball jackpot, which has risen to a whopping $60 million. The drawing will take place Saturday at 11 p.m. EST.

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The odds of winning the jackpot, which equates to a $33.2 million cash value, are approximately 1 in 175.2 million. However, players will have a better chance of winning a smaller prize since the odds are 1 in 32.

It costs just $2 to get in the game, while an additional $1 will allow you to add the Power Play multiplier per play. The $2 tickets allow players to pick five numbers from 1 to 59, and a Powerball number from 1 to 35.

No one won the $50 million Powerball jackpot on Wednesday, Jan. 1. The lucky numbers were 15, 24, 40, 48, 52 and the Powerball number was 23.

The Powerball game is played in 43 states, in addition to the District of Columbia and the U.S. Virgin Islands. Depending on the state you're in, the draw entry will close either one or two hours before the actual drawing, according to the Powerball website. The Powerball winning numbers are drawn live every Wednesday and Saturday night.

You can watch the live streaming of the drawing online here or check the Powerball website for the winning numbers.

Powerball draws can also be seen on hundreds of TV stations across the nation. Check here to see what station will broadcast it in your state. Officials will also post the drawings on YouTube.

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