Winning Powerball Ticket Worth $1.08 Billion Sold at Los Angeles Market

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The winning Powerball ticket worth $1.08 billion — the third largest in the game’s history — was sold in downtown Los Angeles at Las Palmitas Mini Market.

iStock/Getty Images Plus

Ahead of Wednesday night’s drawing, ticket sales pushed the expected $1 billion drawing to $1.08 billion — making it the sixth largest winning in U.S. history, the Associated PressThe winning numbers were white balls 7, 10, 11, 13, 24 and red Powerball 24. The winner has the option to receive the total jackpot paid out annually over 30 years or a lump-sum $558.1 million payment; both of these options are before taxes, CNNWhile $1.

Nabor Herrera, owner of the market that sold the winning ticket, said he hopes the winner was one of his regular customers.Herrera, a father of four, is grinning ear to ear. As the retailer who sold the winning ticket, he will receive almost $1 million, according to Powerball rules in California.Even though there may be just one winner, 36 tickets in 16 states matched all five white balls, making those ticket holders eligible for up to $1 million.

The odds of winning the Powerball are one in 292.2 million, building larger jackpots and enticing more people to buy tickets. Before Wednesday’s drawing, there were 38 consecutive drawings with no winners.Back in November, the largest Powerball jackpot was $2.04 billion with the winning ticket sold at a gas station 16 miles away from the mini market which sold the $1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in BUSİNESS

Business Business Latest News, Business Business Headlines