Wednesday's Powerball Jackbot Winning Numbers Here - Jan. 13, 2016

The winning numbers are: 4 - 8 - 19 - 27 - 34 with a PowerBall of 10

The Powerball jackpot for Wednesday’s drawing is now up to $1.5 billion, the record for the largest lottery payout in U.S. history.

Wednesday’s Powerball lottery drawing time is scheduled for 10:59 p.m. ET.

• Check back here! We’ll update with this post with the winning numbers.
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The cash payout alone is an estimated $930 million.

More at Patch: Saturday’s Powerball Jackpot If Nobody Wins Wednesday

So, what if you only match a few numbers, what do you win? Here’s the deal:

• Match 5 numbers and the Powerball number = Jackpot
• Match 5 numbers, not including the Powerball number = $1 million dollars
• Match 4 numbers and the Powerball number = $50,000
• Match 4 numbers, not including the Powerball number = $100
• Match 3 numbers and the Powerball number = $100
• Match 3 numbers, not including the Powerball number = $7
• Match 2 numbers and the Powerball number = $7
• Match 1 number and the Powerball number = $4
• Match only the Powerball number = $4

The last time a Rhode Islander hit it big was in 2012,when Louise White of Newport won $336.4 millionafter she bought a ticket while on a quick run to Stop and Shop to buy some rainbow sherbet.The jackpot winner will also be giving a boost to state coffers. Rhode Island got nearly $18 million in taxes from the 2012 jackpot win by White.Looking fortips to increase your odds of winning Powerball? Ditch birth dates or other milestones—balls are numbered up to 69 and calendar dates are at the extreme low end of the spectrum. Also, play with friends or co-workers.And remember to sign the back of your ticket! You wouldn’t want someone else walking away with your jackpot if you lose your ticket.

So what should you do if you win the lottery? Alexa von Tobel, CEO of the online financial planning website LearnVest, offered a few tips to Patch from a financial planning standpoint.

Sign the ticket: The most important step ensures you claim the ticket as your own.

Maintain anonymity: In many states, von Tobel says, you have a whole year to claim the prize.

Assemble a financial planning team: “You must decide whether including whether to take a lump sum or an annuity,” she said. “There are many pros and cons to weigh: including estate taxes, how much money you’ll ultimately make, whether you’ll be able to handle it all at once, etc.”

Wait six months before making any major decisions: “It’s all too easy to blow through those millions,” von Tobel said. “In fact, according to a 2015 study by the Camelot Group, 44 percent of winners spend their entire winnings within five years.”

QUICK POWERBALL FACTS

• Current jackpot at $1.5 billion; cash value of $930 million
• Jackpots start at $40 million
• Plays cost $2 each
• Overall odds of winning the jackpot 1:292,201,338
• About 95 percent of Powerball tickets have computer-generated numbers.