California ticketholder wins $1.7bn Powerball jackpot | US News

Lucky Californian Strikes It Rich with $1.7 Billion Powerball Win

Buckle up, folks! A Californian ticketholder is now a bona fide billionaire, and we’re not talking about pocket change. We’re talking about a jaw-dropping $1.7 billion – that’s £1.4 billion for our friends across the pond. It’s the second-largest Powerball jackpot in history. 🌟

The Winning Numbers and the Lucky Seller

So, what are the magical numbers that changed this Californian’s life forever? They are 22, 24, 40, 52, 64, and the Powerball number 10. The winning ticket was sold at Midway Market & Liquor in Frazier Park, California. Yep, that’s where dreams came true.

Cash Now or Over Time?

Now, the big decision. Our lucky winner has a choice – take the full prize in 30 yearly installments or grab a gigantic cash lump sum of around $774.1 million (£628.3 million). It’s a tough call, but hey, it’s a great problem to have!

Exceeding Expectations

The jackpot wasn’t playing around. It went beyond its estimated value of $1.73 billion to a mind-boggling $1.77 billion at the time of the draw. That’s some serious cash!

Second Place in the Jackpot Race

This win is impressive but not quite record-breaking. The title of “biggest Powerball jackpot ever” still belongs to the $2.04 billion won in November last year. Now, that’s a number that’ll make your head spin.

A Long Wait Ends

This Powerball jackpot had been rolling over for 36 consecutive drawings, making everyone sweat it out since the last big win in July. That’s one heck of a streak – just a few draws shy of the record set in 2021 and 2022.

The Odds Are Insane

Feeling lucky? Well, the odds of winning this lottery are super slim – 1 in 292.2 million. It’s less likely than getting struck by lightning in the next year, which is a 1 in 1.22 million chance. Better have an umbrella, just in case!

Top of the Jackpot List

Curious about the biggest lottery wins in the US? Here’s the scoop:

  1. $2.04 billion (£1.76 billion) – Powerball – November 2022
  2. $1.73 billion (£1.4 billion) – Powerball – October 2023
  3. $1.6 billion (£1.3 billion) – Powerball – January 2016
  4. $1.54 billion (£1.19 billion) – Mega Millions – October 2018
  5. $1.35 billion (£1.04 billion) – Mega Millions – January 2023
  6. $1.335 billion (£1.02 billion) – Mega Millions – July 2022
  7. $1.08 billion (£835 million) – Powerball – July 2023

Slim Odds, but Hope Springs Eternal

Jackpot wins like this one are like finding a needle in a haystack. The odds are tiny, but that doesn’t stop people from trying their luck with those $2 (£1.60) tickets. Hope dies last, right?

Powerball Across America

Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the US Virgin Islands. More than half of the ticket proceeds stay right where they were sold.

The Winning Studio

If you’re curious, the Powerball drawings happen in the Florida Lottery draw studio in Tallahassee every Monday, Wednesday, and Saturday.

The Tax Man Cometh

Before you start counting your billions, remember that winnings are subject to federal taxes, and many states also want a piece of the pie. So, enjoy that jackpot wisely!

What a wild ride! Now, who’s feeling lucky for the next Powerball drawing? 💰🎉

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