CBSN

Powerball winning numbers: 16, 54, 57, 62, 69; Powerball 23

Powerball said Sunday there were no winners, bringing the jackpot up to $620 million. The next drawing will be Wednesday. 

The winning numbers for Powerball's $476.7 million jackpot on Saturday were 16, 54, 57, 62 and 69 and the Powerball was 23. 

There was no winner in the huge Mega Millions $1 billion jackpot on Friday, pushing Tuesday's drawing to a $1.6 billion jackpot.

The jackpot keeps growing because the last Powerball winner was on Aug. 11.   

Powerball winning numbers

  • 16, 54, 57, 62 and 69
  • Powerball: 23  

How late can you play Powerball?

Sales cut off at least 59 minutes before the drawing, according to the Multi-State Lottery Commission. But cut-off times can be earlier depending on the state, so it's best to check your state's lottery commission.

Odds of winning

The odds of winning a jackpot remain abysmal at 1 in 258.9 million for Mega Millions and 1 in 292.2 million for Powerball. You were 25,000 times more likely to hit a hole-in-one than you are of winning Saturday's jackpot.

Who buys lotto tickets?

About two-thirds of Americans gamble. Last year, they spent $72.97 billion on traditional lottery tickets, according to Gallup.

On average, that's $206.69 per person. "Our obsession with lotteries, with gambling, is that unicorn feeling of, like, 'maybe it'll be me,'" CBS News business analyst Jill Schlesinger said. She points out that some people don't necessarily play to win.

"They just want to take a moment out of their day to consider how to dream big," Schlesinger said.

The average American spends about $223 per year on lottery tickets, according to a survey from LENDedu. Massachusetts residents have the biggest taste for playing the odds, spending almost $763 per year on lottery tickets, the study found. North Dakotans are on the opposite end of the spectrum, spending about $44 per year on the lottery, or the lowest average figure among residents of all 50 states.

Aimee Picchi, Justin Carissimo and Caroline Linton contributed to this report.