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Powerball Announces Billion-Dollar Jackpot Winner at Last

by Andrew Wright
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powerball jackpot

A lucky ticket holder in California has finally bagged the enormous Powerball jackpot valued at an estimated $1.08 billion, making it the sixth biggest jackpot in U.S. history and the third biggest in the game’s record.

The winning ticket was drawn on Wednesday night, and the victorious combination included the white balls numbered 7, 10, 11, 13, 24, and the red Powerball 24. According to a post on Twitter by the California Lottery, the triumphant ticket was sold in Los Angeles, at the Las Palmitas Mini Market.

The jackpot’s final value soared past the previous projection of $1 billion, reaching $1.08 billion due to an influx of last-minute ticket sales. This propelled it from the seventh to the sixth largest U.S lottery jackpot ever claimed.

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The fortunate winner has the option to receive the entire jackpot value in yearly installments or opt for a single payment of $558.1 million before taxes.

Powerball’s daunting odds, set at 1 in 292.2 million, serve to generate sizable prizes that lure in more participants. The biggest Powerball jackpot on record was a staggering $2.04 billion in November.

Before this, the Powerball jackpot was last won on April 19, with a hefty prize of nearly $253 million. Since that time, the grand prize had remained unclaimed.

Powerball tickets are sold in 45 states, including Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.

Frequently Asked Questions (FAQs) about powerball jackpot

Q: What is the value of the Powerball jackpot won in California?

A: The Powerball jackpot won in California is estimated to be worth $1.08 billion, making it the sixth largest in U.S. history and the third largest in the history of the game.

Q: Where was the winning ticket sold?

A: The winning ticket was sold at Las Palmitas Mini Market in Los Angeles, California.

Q: Can the winner choose how they receive the jackpot?

A: Yes, the winner has the option to either receive the total jackpot paid out in yearly increments or take a one-time lump sum of $558.1 million before taxes.

Q: How often is the Powerball jackpot won?

A: The last time the Powerball jackpot was won before this instance was on April 19, with a top prize of nearly $253 million. Since then, there had been no grand prize winners until now.

Q: What are the odds of winning the Powerball jackpot?

A: The odds of winning the Powerball jackpot are approximately 1 in 292.2 million, making it a challenging feat.

Q: In which states can Powerball be played?

A: Powerball is played in 45 states across the United States, along with Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.

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