National
The wait is over as Powerball finally has a winner for its jackpot worth over $1 billion
LOS ANGELES (AP) — A winning ticket has been sold in California for the Powerball jackpot worth an estimated $1.08 billion, the sixth largest in U.S. history and the third largest in the history of the game.
The winning numbers for Wednesday night’s drawing were: white balls 7, 10, 11, 13, 24 and red Powerball 24. The California Lottery said on Twitter that the winning ticket was sold in Los Angeles at Las Palmitas Mini Market.
Final ticket sales pushed the jackpot beyond its earlier estimate of $1 billion to $1.08 billion at the time of the drawing, moving it from the seventh largest to the sixth largest U.S lottery jackpot ever won.
The winner can choose either the total jackpot paid out in yearly increments or a $558.1 million, one-time lump sum before taxes.
The game’s abysmal odds of 1 in 292.2 million are designed to build big prizes that draw more players. The largest Powerball jackpot was $2.04 billion Powerball in November.
The last time someone had won the Powerball jackpot was April 19 for a top prize of nearly $253 million. Since then, no one had won the grand prize.
Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Robert A Melbo
July 20, 2023 at 7:54 am
What gives? The prize was $1.08 billion. The winner receives $558.1 million BEFORE taxes. Who gets the missing $529.1 million? The government? Is the $1.08 billion the retail cost of the tickets sold? I think that most people believe that that is the prize.