Ticket in California Wins $1.08 Billion Powerball Jackpot

The Powerball® jackpot has been won! A single ticket sold in California matched all six numbers drawn on Wednesday night, resulting in a $1.08 billion jackpot win. This is the sixth largest lottery jackpot in U.S history and the third largest Powerball jackpot ever. The drawing pushed the jackpot beyond its earlier $1 billion mark, making it worth a final ticket sales value of $1.08 billion. The jackpot has a cash value of $558 million.

The winning numbers for the Powerball drawing on Wednesday, July 19th, were 2X as the multiplier, with 24 red Power Play® balls and 24, 13, 11, 10, and 7 white balls.

“Congratulations to our newest Powerball jackpot winner in California! Over the past 30 years, Powerball has brought people together, fulfilling big dreams and supporting good causes with the billions of dollars raised from the sale of every Powerball ticket. This legacy of community support and furthering programs and services will continue to run, as Powerball continues to be a jackpot powerhouse.”

If the winner selects the annuity option, they will receive an immediate payment followed by a 5% increase in annual payments each year. The lucky ticket holder will have the choice between a lump sum payment of $558.1 million or an annuitized prize of $1.08 billion. Both prize options are subject to taxes.

The combined worth of cash prizes for lower-tier winning players with a million dollars was $85.1. The Powerball drawing produced more than 4.8 million tickets nationwide. Lotteries participating in the event are reminding players to check their tickets for one of the nine ways to win. Even though the jackpot was won by a single ticket, there are still more tickets to be checked.

Maybe you are interested  The 10 Most Ridiculous Lines From R. Kelly's 19-Minute-Long New Song

62 tickets won prizes of $100,000 each, while 195 tickets won prizes of $50,000 each. Moreover, three tickets from FL, PA, and RI won $2 million prizes by opting for the Power Play® option, which costs an additional $1 per play, and successfully matching all five white balls. Additionally, there were 36 tickets (CA-7, CT, FL-4, IL, IN, KY, MA-3, MD-2, MO, NH, NJ-2, NY-5, OH, TX-4, WI, WV) that matched all five white balls and won $1 million prizes. It is important to note that prize payouts in California are determined based on sales and the number of winners, following a pari-mutuel system.

On April 19, 2023, a jackpot of 252.6 million dollars was won in Ohio, and on March 4, 2023, a jackpot of 162.6 million dollars was won in Virginia. Additionally, on January 5, 2023, a jackpot of 754.6 million dollars was won in Washington. This year, the Powerball jackpot was won in other jackpots as well. Finally, after eluding players for three months, the Powerball jackpot was hit on Wednesday night, marking the 39th drawing.

The Powerball ticket sale, which took place in a jurisdiction where the ticket was sold, has helped generate more than $29 billion for good causes supported by lotteries in the United States. This has been the case since the game’s first drawing in 1992, and last year, Powerball celebrated its 30th anniversary. Currently, Powerball holds the record for the world’s largest national lottery jackpot, which stands at $2.04 billion.

The Powerball drawings are also streamed live on Powerball.Com. The Lottery Florida draws the Powerball in a studio in Tallahassee, and the drawings are broadcasted live at 10:59 p.M. ET on Saturday, Wednesday, and Monday. Tickets are sold in 45 states, including the U.S. Virgin Islands, Puerto Rico, and the District of Columbia. Powerball tickets cost $2 per play.

Maybe you are interested  Kibbe: Soft Natural Ultimate Style Guide

The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.

Top 10 Powerball Prizes.

Related Posts

How Did Tom Clancy Get Famous + Net Worth (2023 UPDATED)

Uncover the story of how Tom Clancy became famous. Delve into his total assets, revenue, and profits from his music career sales and other entrepreneurial pursuits. How…

Los 10 museos más famosos de Nueva York (y 10 alternativas)

To make it easier for you, today we are compiling the top 10 most famous museums in New York. We offer you 10 less typical but great…

Ratchet & Clank: Rift Apart is coming to PC—and it will be a technical showstopper

Sony announced in a blog post on Tuesday that the game will be released on the new platform on July 26. Ratchet & Clank: Rift Apart, which…

Satanic Panic Is Back: TikTok Calls To Boycott Coach Over Disney Villains Teddy Bear Collection

Coach is currently being accused of being involved in satanic rituals and promoting child abuse, collaborating with Disney villains. The brand has become the latest target of…

How Many Slices Are In A Costco Pizza? Get The Answer Now

Each pizza has its own unique flavor profile that will tantalize your taste buds. Costco offers a variety of pizzas, including gluten-free cheese pizzas and pesto chicken…

Square Root of 361

In this article, we will also look at different methods for calculating the square root of 361 using a computer or calculator. We’ll answer some common questions…