The odds of hitting the Powerball jackpot are 292,201,388 to 1. A player who buys a $2 ticket has about a 1 in 11,688,053 chance to match five numbers and win at least $1 million, while the odds are 913,129 to 1 to win a third prize of at least $50,000.

A Powerball ticket sold in New Jersey won $2 million, but just missed the $124 million jackpot, lottery officials say. The ticket matched five winning numbers and the Power Play, but not the Powerball, in the drawing Wednesday, Dec. 25, the national Powerball site said.