There was one winning ticket sold for the highly anticipated Wednesday night’s Powerball jackpot, estimated at a staggering $1.08 billion, making it the third-largest grand prize in the game’s history. The lucky ticket was purchased at the Las Palmitas Mini Market in downtown Los Angeles.
Details of the Winning Ticket
- Winning Numbers: 7, 10, 11, 13, and 24
- Powerball Number: 24
- Purchase Location: Las Palmitas Mini Market, Los Angeles
- Grand Prize Options: The ticket holder(s) have the choice of either a lump sum payment of $558.1 million or an annuity for the full $1.08 billion, both figures are before taxes.
Previous Wins in Los Angeles County
This marks the second time in eight months that a $1 billion Powerball ticket was sold in Los Angeles County. Previously, a lucky individual at Joe’s Service Center in Altadena correctly guessed the numbers for the world-record Powerball jackpot of $2.04 billion.
Overall Winnings and Cash Prizes
- Number of Winning Tickets: More than 4.8 million
- Lower-tier Cash Prizes: Worth $85.1 million
Jackpot History and Odds of Winning
- Jackpot Swelling: The jackpot had been growing since April 19, with no winners in the past 38 chances to win.
- Third Largest Jackpot: The $1.08 billion grand prize is the third largest in Powerball’s history since its inception in 1992.
- Odds of Winning Powerball Jackpot: The odds of winning the Powerball jackpot are 1 in 292.2 million.
Mega Millions Jackpot
In addition to the Powerball excitement, the Mega Millions jackpot is also enticing lottery players. The estimated jackpot for the upcoming Friday night’s drawing is a massive $720 million. If won, the cash option will be approximately $369.6 million. The odds of winning the Mega Millions jackpot are 1 in 302,575,350.
Impact and Ticket Sales
The two jumbo-sized jackpots have spurred many people to pool their money and buy tickets in bulk, hoping to secure a life-changing win. For example, a woman in Southern California purchased 50 lottery tickets at a 7-Eleven for herself and her co-workers, eagerly anticipating the draw results.
Conclusion
With the massive jackpot win in Los Angeles and the ongoing Mega Millions excitement, the world of lottery enthusiasts is buzzing with anticipation and hopes for life-changing riches. As the Powerball and Mega Millions drawings continue to captivate millions, dreams of striking it rich remain alive for countless participants across the United States.
Powerball tickets, priced at $2 each, are available for purchase in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The Powerball drawings are held every Monday, Wednesday, and Saturday at 10:59 p.m. ET.