NEW BILLIONAIRE: Powerball Player Wins $1.08 Billion Jackpot — The Third Highest Ever

A Powerball player from California emerged as the winner of an astonishing $1.08 billion jackpot on Wednesday night, making it the third-largest prize in the history of the lottery game. The winning numbers that led to this life-changing win were 7, 10, 11, 13, 24, with the Powerball number being 24.

The winning ticket was sold at the Las Palmitas Mini Market, a convenience store located in downtown Los Angeles, as confirmed by the California lottery.

The newly minted billionaire now faces a significant decision – whether to claim the full $1.08 billion jackpot as a payday or opt for a lump sum payment, which is estimated at an impressive $558.1 million.

Additionally, three other lucky ticket holders secured a $2 million prize each by matching all the white balls along with the Power Play. Furthermore, a total of 36 individuals, including 2 in New Jersey and 5 in New York, matched all five white balls, earning them a $1 million prize each.

This massive win follows a prolonged period of 39 drawings without a jackpot winner, dating back to April 19, when a fortunate ticket holder in Ohio scooped up $252.6 million.

The odds of winning the Grand Prize jackpot in Powerball are incredibly slim, standing at a mind-boggling 1 in 292,201,338.

Interestingly, last November, another California man claimed the title for the largest jackpot in Powerball history, an astounding $2.04 billion. Edwin Castro, the winner of that record-setting draw, wisely chose the cash payment option, which amounted to an impressive $997.6 million.

For those who may not have hit the jackpot this time, hope is not lost. The Mega Millions jackpot has now risen to an estimated $720 million, and the next drawing is scheduled for Friday night, offering another chance for players to become millionaires.

{Matzav.com}