Powerball jackpot goes up to $522 million for January 3, 2022 drawing

There was no winner in the $500 million Powerball jackpot on New Year's Day, pushing the jackpot up to an estimated $522 million for Monday's drawing. The winning numbers on Saturday's drawing were 6, 12, 39, 48 and 50 with the Powerball of 7.

There was a $2 million winner in Maryland and three $1 million winners, one in Arizona, one in California and one in Florida, according to Powerball's website.

Tickets are $2.00 per play and are sold in 45 different states as well as the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Winners of the Powerball jackpot can choose to receive their prize as either a lump sum payment or in 30 graduated payments over 29 years. For Monday's big prize, there is a lump sum cash option of an estimated $371.5 million. The estimated jackpot could go up depending on how many tickets are sold.

Powerball tickets await players at Cumberland Farms convenience store May 10, 2004, in Washington Crossing, Pennsylvania. Getty

But the odds of winning Powerball are extremely slim: just 1 in 292.2 million. You were 25,000 times more likely to hit a hole-in-one than you are of winning Saturday's jackpot.

Tori Powell contributed to this report.

Caroline Linton

Caroline Linton is a senior editor on the political team for CBSNews.com. She has previously written for The Daily Beast, Newsweek and amNewYork. She is currently based out of Austin, Texas, and writes and edits about local, state and national politics.