The holder or holders of the winning ticket will have a choice of a lump sum payment of roughly $756.6 million before taxes or an annuity with an immediate payment followed by 29 annual payments.
A single ticket sold in California won Wednesday night's gargantuan estimated $1.73 billion Powerball jackpot, lottery officials say.The holder or holders of the winning ticket will have a choice of a lump sum payment of roughly $756.6 million before taxes or an annuity option consisting of an immediate payment followed by 29 annual payments. There hadn't been any Powerball grand prize winners since a single ticket sold in Los Angeles claimed a $1.08 billion pot of gold on July 19.
The biggest jackpot in both Powerball and U.S. lottery history was $2.04 billion, which was won in November 2022 by a man who was also in the Los Angeles area.The odds of winning the jackpot are one in 292.2 million.Powerball tickets are $2 each. They're sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Drawings take place Monday, Wednesday and Saturday at 11 p.m. EDT.
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