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Thursday, November 30, 2023

Lottery winner scoops $1bn jackpot – third-biggest prize within the Powerball’s historical past | US Information

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A Powerball participant has scooped a $1.08bn jackpot (£835bn) – with the life-changing quantity the third-biggest prize within the lottery’s historical past.

The profitable ticket for Wednesday evening’s draw was bought in Los Angeles at Las Palmitas Mini Market, Powerball mentioned.

It’s the first time the Powerball jackpot has been gained since April.

Last ticket gross sales pushed the jackpot past its earlier estimate of $1bn (£772bn) to $1.08bn (£835bn).

The ticket-holder – who should be named underneath California legislation – can select both the overall jackpot paid out in yearly increments or a $558.1m (£431m) one-time lump sum earlier than taxes.

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The ticket was bought from Las Palmitas Mini Market in Los Angeles. Pic: Google Avenue View

Up to now, practically all winners have opted for the money lump sum.

The $1.08bn prize is the third largest Powerball win in historical past – and the sixth largest jackpot throughout all lotteries within the US.

The most important lottery wins in US historical past

  • 1) $2.04bn (£1.76bn) – Powerball – November 2022
  • 2) $1.6bn (£1.3bn) – Powerball – January 2016
  • 3) $1.54bn (£1.19bn) – Mega Thousands and thousands – October 2018
  • 4) $1.35bn (£1.04bn) – Mega Thousands and thousands – January 2023
  • 5) $1.335bn (£1.02bn) – Mega Thousands and thousands – July 2022
  • 6) $1.08bn jackpot (£835bn) – Powerball – July 2023

Powerball’s largest jackpot – a whopping $2.04bn (£1.76bn) – was won in November last year, beating the earlier highest complete of $1.6bn (£1.3bn) in 2016.

The third, fourth and fifth largest prizes, throughout $1.5bn (£1.15bn), have been gained on one other lottery, the Mega Thousands and thousands.

By comparability, the biggest UK lottery win was a £195m scoop on the EuroMillions jackpot in July last year.

Powerball is performed in 45 states, in addition to Washington DC, Puerto Rico and the US Virgin Islands.

Its abysmal odds of 1 in 292.2 million are designed to construct huge prizes that pulls extra gamers.

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