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Single Ticket In California Wins $2B Powerball

Cash Value Of Ticket Is $997.6 Million

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via CA LotteryOne ticket in California matched all six numbers in Monday’s record-setting $2.04 billion Powerball drawing.

The cash value of the ticket is $997.6 million. Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump sum payment. Both prize options are prior to federal and jurisdictional taxes.

The ticket was sold at Joe’s Service Center on 15 West Woodbury Road in Altadena (Los Angeles County). The business is pictured in this article.

The ticket is the sole winner of the largest jackpot in U.S. Lottery history. The ticket matched the numbers 10-33-41-47-56 and the Powerball number 10. Joe’s Service Center will receive the maximum bonus of $1 million for selling the winning ticket.

Three other Californians won $1 million in the drawing, along with smaller winners elsewhere in the country. To win $1 million, a ticket must match the five numbers and miss the Powerball number.

Million-dollar winners in California came at the following locations:

• Stues Dairy located at 13126 South Western Avenue in Gardena (Los Angeles County)
• Oak Valley 76 located at 1815 Oak Valley Village Circle in Beaumont (Riverside County)
• 1001 Castro Street (Grocery and Liquor Store) located at 1001 Castro Street in San Francisco

California’s schools will receive $156.3 million from the record jackpot and all the rolls leading up to it. This is the highest contribution to education generated from a single rolling sequence in the lottery’s history.

According to Powerball officials, Monday’s Powerball drawing was delayed due to another participating lottery – not California – needing extra time to complete the required security protocols. Powerball has strict security requirements that must be met by all 48 lotteries before a drawing can occur.

The Powerball drawing for the world record $2.04 billion jackpot was performed at 5:57 a.m. PST at the Florida Lottery draw studio in Tallahassee.

Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

The previous jackpot record was a $1.586 billion Powerball jackpot shared by winners in California, Florida and Tennessee.

The record Mega Millions jackpot was a $1.537 billion pot won by a single ticket in South Carolina in 2018.

 
 
Tags: Lottery,   Powerball,   California