Winning Ticket Sold in $1.08 Billion Jackpot - Powerball

One winning US lottery ticket was sold for Wednesday night's Powerball jackpot of $1.08bn (£837m), lottery officials announced.

Winning Ticket Sold in $1.08 Billion Jackpot - Powerball

At the Mini Market in Las Palmitas, Los Angeles, the winner's ticket was bought।

According to Powerball, one has a chance of winning the jackpot of 292.2 million dollars. To win the jackpot ticket with Powerball 24, one must match all six numbers 7, 10, 11, 13 and 24।

Whether the winner of the ticket has claimed the prize is unclear। If no one demands the money, it is returned to the unclaimed prize pot।

According to the claim, they have the option of either taking a smaller cash option as a lump sum or receiving the full $1.08 billion in annuities paid up over three decades।

Ticket Sold in $1.08 Billion Jackpot - Powerball

However, all of those winners choose the cash-advance option, in this case worth $558.1 million before taxes.

Where the winning ticket was sold. Nabor Herrera is the owner of the mini market of Las Palmitas.

He didn't know that the jackpot ticket was bought from his shop, he told local reporters there, when he arrived at work on Thursday morning when he was not greeted by a mob of journalists.

One winning US lottery ticket was sold for Wednesday night's Powerball

$1 million (£778,000) also goes to the retailer selling the winning Powerball tickets. Mr. Herrera, the owner of the mini-market, told reporters that he plans to invest the money back in his business and thanked God for the victory. He will get the money whether anyone comes forward to claim the prize or not.

The store is in Central Los Angeles and only a short walk from the Skid Row neighborhood, where a lot of people are homeless।

According to Powerball, the jackpot increased from a pre-draw estimate of $1 billion to $1.08 billion as a result of ticket sales।

This jackpot has become a historical event; Drew Switko, Pennsylvania Lottery's president and executive director of Powerball products and services, said, "it's only the third time in Powerball's 31-year history that the jackpot has reached the billion-dollar range।"

No one has won Powerball or its competing lottery, Mega Millions since April. In recent weeks both prizes have increased to the highest amounts ever. Mega Millions draw of $720 million is going to take place on Friday.

Prior to this draw, the last time someone won the Powerball jackpot, the top prize of nearly $253 million, was on Wednesday, April 19.

The world record for the largest national lottery jackpot is currently held by Powerball.

$1.08bn (£837m), lottery officials announced.

Guinness World Records has announced that California resident Edwin Castro was the only person to be awarded the $2.05 billion award in November. In May, a fellow Californian filed a lawsuit accusing Mr. Castro of saying his lucky ticket was stolen. The California Lottery said Mr. Castro was the real winner. I believe in this.

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