It's been two months and no winner has been announced for the record-breaking $2.04 billion Powerball lottery in California yet.
Becker didn't confirm Tuesday morning if a winner has come forward or not but said the winner won't be announced until they've been properly verified.Becker said it goes like this:The winner can claim the prize at one of the agency's nine California offices or put the ticket in the mail and claim the prize package.And there are questions the agency asks potential winners who come to claim the prize, she said, including where they bought the ticket and what day.
"The vetting process is designed to make sure the winner is legitimate and not somebody trying to claim a prize that's not rightfully theirs," she said. Once the winner is vetted and publicly confirmed, it could be weeks or months before the winner gets the cash depending on the circumstances.Understanding the Powerball prize isn't as simple as some may think.
When the winner comes forward, they have a choice: annual payments that add up to the $2.04 billion prize or the cash value of nearly $1 billion. "That was almost a billion dollars worth of ticket sales for that night's drawing," Becker said."That's the money that's actually sitting in a pot waiting to be claimed. There is no $2 billion out there. That's the prize if someone takes the annual payments and we invest the cash on-hand over 30 years on their behalf.
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