A winning ticket cost $1.08 billion to sell. Los Angeles Powerball jackpot.
According to lottery officials, only one winning ticket for Wednesday night’s estimated $1.08 billion Powerball jackpot prize was sold in Los Angeles. Officials announced Thursday morning that the unidentified winner had not come forward to pay in the ticket and had one year to claim the enormous windfall.
Carolyn Becker, a representative for the California Lottery, said during a news conference that winners “have to claim their prize, and then we have to spend time validating the winner to make sure it is the proper individual. We value honesty and openness above everything else, therefore it will probably be months before we find out.
7, 10, 11, 13, and 24 were the winning numbers, while the Powerball number was 24.
According to CBS News Los Angele
The ticket was bought at the Las Palmitas Mini Market in downtown LA. According to Becker, the winner’s name will be made public once they come forward. No one has to reside in California or be a citizen of the United States to be eligible to win, she said.
“We don’t know if that person lives here locally, if it’s a group, or if they were passing by,” added Becker. This individual could practically be anywhere.
A bonus cheque for $1,000,000 was given to the family that owns the business where the winning ticket was sold on Thursday.
What do you do if you win Powerball jackpot?
The winner can choose between receiving a $558.1 million lump sum or a $1.08 billion annuity. Both sums are unadjusted for taxes. The jackpot exceeded the $1 billion prediction thanks to late ticket sales.
Becker encouraged the winner to sign the back of the ticket and store it safely, regardless of who it is.
She said, “You’re going to want to keep it in the most secure place possible if you discover you’re hanging onto a piece of paper like that, a winning ticket, particularly worth this kind of money.” “The key to claiming that prize is the winning Powerball ticket.”
According to experts interviewed by CBS MoneyWatch, those who find themselves suddenly wealthy should take a “cooling-off period” and delay making significant financial decisions.
More than 4.8 million winning tickets were purchased in the Powerball drawing on Wednesday, and lower-level cash prizes totaling $85.1 million were awarded.
According to CBS News Los Angeles, it was the second $1 billion Powerball ticket sold in Los Angeles County in the past eight months. In November, a fortunate guy at Joe’s Service Centre in Altadena correctly predicted the numbers that went along with the record-breaking $2.04 billion Powerball jackpot.
Since April 19, when a ticket purchased in Ohio won a $252.6 million jackpot, the jackpot has been growing. In the previous 38 opportunities to win, nobody had matched the five white balls and the red Powerball, as of Wednesday night’s drawing.
The big prize of $1.08 billion ranks third among all prizes awarded in the game’s history since it began in 1992. The second-largest grand prize for the game in 2016—$1.586 billion—was divided among three winners in California, Florida, and Tennessee.
The game’s sixth greatest jackpot, worth $754.6 million, was won earlier this year on a ticket purchased in Washington State.
The jackpot on Wednesday night was the sixth-largest in American lottery history.
A Powerball jackpot winner has a 1 in 292.2 million chance of doing so.
Due to the fact that no one correctly matched all six numbers in the drawing on Tuesday night, the estimated $720 million Mega Millions jackpot is up for grabs this Friday night. With a Mega Ball of 18, the winning numbers were 19, 22, 31, 37, and 54.
The cash prize, if somebody wins on Friday night, would be almost $369.6 million. One in 302,575,350 have a chance of winning the Mega Millions jackpot.
Some others pooled their funds and purchased tickets in bulk in the expectation of winning the two mega jackpots.
According to CBS News Los Angeles, a woman in Southern California purchased 50 lottery tickets on Tuesday for herself and her coworkers at a 7-Eleven.
The woman told the broadcaster, “I already told them today: If I win tonight, I’m not even coming in, for sure, they know.” “My boss is on board with me on this.”
In 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, $2 Powerball tickets are available for purchase. Every Monday, Wednesday, and Saturday at 10:59 p.m. ET, Powerball drawings take place.
