Jul 29, 2014
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Powerball Winning Numbers

Watch the Powerball drawing live and check out the winning numbers.

Some lucky person might be half a billion dollars richer.

The winning numbers are 5, 23, 16, 22, 29, 6.

The Powerball  lottery drawing took place  Wednesday night at 9:59 p.m. CST.

Ticket sales closed in Illinois at 9 p.m.

Watch the drawing took place live on Powerball's YouTube channel and TV stations that featured the live drawing.

Each Powerball ticket cost $2. Players choose five numbers plus a sixth Powerball number. Players matching all six numbers can select an annuitized amount paid out over 29 years or a lump sum payment. 

ABC News reports lottery officials expect to sell more than 105,000 tickets every minute before the drawing. Despite the long odds for the big jackpot, the overall odds of winning a prize are considerably better at 1 in 55.

Tickets were selling at a rate of 130,000 a minute nationwide, according to CBS News. 

Since the last drawing on Nov. 24, the Powerball jackpot has grown by over $100 million to a record  $550 million. The estimated cash payout is $360.2 million. The last set of winning numbers was drawn on Oct. 16.

Read more about Lake Forest residents and the lottery. 

What would you do with $550 million? Let us know in the comments.

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