- Finally, someone has emerged as the victor of the Powerball jackpot.
- After 38 consecutive draws without a jackpot winner, the prize skyrocketed to over a billion dollars.
- According to the California Lottery, the winning ticket was purchased at Las Palmitas Mini Market in Los Angeles.
One fortunate individual in California has just been awarded an estimated $1.08 billion from the Powerball jackpot on Wednesday.
According to a tweet by California Lottery, “One lucky ticket sold at Las Palmitas Mini Market in Los Angeles was the only ticket across the country to match all 6 numbers in the July 19 #Powerball draw, winning the $1 Billion Powerball jackpot.”
The winning numbers for Wednesday night’s drawing were: 7, 10, 11, 13, 24, and Powerball number 24.
The lottery winner now has the choice between a lump-sum payout of $558.1 million or an annuitized prize of $1.08 billion, which includes an immediate payment followed by 29 annual payouts. Both amounts mentioned are before taxes.
Wednesday’s Powerball jackpot is the third-largest in Powerball history and the sixth-largest lottery jackpot ever won in the United States. The jackpot reached over a billion dollars after 38 consecutive draws without a winner.
The largest Powerball jackpot ever won was a $2.04 billion prize claimed by Ed Castro, 31, in California in November.
According to the Powerball website, the odds of winning the jackpot are one in 292.2 million.
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