The lucky holder of the Powerball ticket can choose between receiving a single payment of $558.1 million or an annualized payment of $1,080 million, before taxes.
The ticket was sold at Las Palmitas Mini Market in downtown Los Angeles, according to the California Lottery.
The record-breaking Powerball jackpot from last year, which was won in California and amounted to $2.040 billion, surpasses both the Powerball jackpot of $1.586 billion won in 2016 and the Powerball jackpot of last year’s $2.040 billion won in California. This makes it the seventh largest jackpot in the history of the US lottery and the third largest Powerball jackpot.
The players who check their tickets just in case won one of the other prizes, although it is recommended that even a single ticket won the jackpot.
According to Powerball’s press release, 36 tickets were sold in 16 states that accurately matched the five white balls and will win prizes of $1 million in most states. California, where seven of those tickets were sold, will award prizes of $448,750 as per the California lottery website. The non-jackpot prizes in California will vary based on the number of winners and ticket sales, thus differing from the fixed prizes listed on the Powerball website.
The chances of winning the jackpot are 1 in 292.2 million, according to Powerball on their website.
Following the Powerball draw on April 19th, where a ticket in Ohio successfully matched all six numbers and won a jackpot worth $252.6 million, there have been 38 consecutive draws without a grand prize winner until the recent victory on Wednesday.
Drew Svitko, head of the Powerball merchandise team and CEO of the Pennsylvania Lottery, expressed his delight, stating, “We extend our heartfelt congratulations to the fortunate individual who has won the Powerball jackpot, as well as the California Lottery!” “For more than three decades, Powerball has united individuals in their pursuit of grand aspirations and substantial victories, while simultaneously generating vast sums of money for charitable initiatives backed by lotteries.”