The Powerball winning numbers are in for the Monday, Dec. 23 drawing with a jackpot is back to $103 million ($47 million cash value). The largest winning Powerball jackpot ticket sold in Michigan was worth $842.

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.

The odds of winning the Powerball jackpot are long. Players have a one in 292,201,338 shot at winning the grand prize, a one in 11,688,053.52 shot at winning the $1 million prize and a one in 24.87 chance of winning any prize.