lottery jackpot and third largest Powerball jackpot, only behind the world record $2.04 billion Powerball jackpot won last year, and the $1.586 billion Powerball jackpot won in 2016. The jackpot ranks as the seventh largest U.S.

The jackpot has an estimated cash value of $516.8 million. Virgin Islands.For the third time ever, the Powerball® jackpot has reached the one billion dollar mark! The jackpot is currently estimated at $1 billion for the next drawing on Wednesday, July 19. Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Winnings would be subject to federal taxes, and many states also tax lottery winnings. Winners almost always take the cash option. The $1.73 billion jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Powerball’s odds of 1 in 292.2 million generate large jackpots, with prizes growing to staggering amounts as they roll over from drawing to drawing.

The jackpot was the second-largest ever won, behind only the $2.04 billion Powerball won by a player in California last November. A winner's full name, the name and location of the retailer who sold the winning ticket, the draw date of the win and the amount, including gross and net installment payments, are all considered matters of public record and subject to disclosure. The exceptions are Powerball and Mega Millions jackpots, which have a one-year deadline.Ĭlaiming a prize of more than $600 requires an extensive claim process. Almost all lottery draw games allow for 180 days from the date of the draw to claim a prize. The winning ticket was finally sold after a winless streak that extended back to July 19 when a player in California matched all six numbers and won $1.08 billion. The winning numbers were: 22, 24, 40, 52, 64 and the Powerball 10. The community has a population of about 3,000 people. Their liquor store is about 100 miles north of downtown Los Angeles, just west of the 5 Freeway as it carves through the Tejon Pass in the rugged mountains near the Kern and Los Angeles County border. The Khalils said they will likely use at least some of the money for a vacation. 'Then, I started getting calls and text messages from friends and customers. 'I thought, somebody is joking with me,' he said. I thought, he's joking.'Īndy Khalil was browsing Facebook when he started seeing posts about the winning ticket and where it was sold. 'Her son called me and said, 'We won.' I didn't believe that. Get Southern California news, weather forecasts and entertainment stories to your inbox.

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