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Powerball Lottery Jackpot Worth $699.8 Million Won In California

2 years ago

A single Powerball ticket sold in California won the seventh-largest prize in the history of U.S. lotteries on Monday night.

The winning numbers or as we may say lucky numbers for the $699.8 million jackpot were 12, 22, 54, 66, and 69, with Powerball number 15 and Power Play multiplier 2. The lump-sum payout of the single Powerball winning ticket is a grand $496 million. The ticket was sold at the Albertsons grocery store at 730 Quintana Road in Morro Bay.

This Powerball win is the seventh-largest in the history of U.S. lotteries and the fifth-largest Powerball jackpot. The cash value of the jackpots is the fifth largest in history.

The jackpot winner will now have the choice to have $699.8 million paid in 30 graduated payments over 29 years or a $496 million lump-sum payment all at once. The annuity payments do increase by 5% each year. All the prize amounts are subject to federal and state tax deductions. The winners in California cannot claim their lottery prizes either anonymously or through a trust. The winner has 365 days to claim their jackpot.

Also, 6 lucky players matched the first 5 numbers for a $1,000,000 prize, hailing from Arizona, Florida, Massachusetts, Tennessee, and Virginia.

The Powerball jackpot was rolling since June after a ticket sold in Florida won the $285.6 million jackpot. The drawing on October 4, was the 41st rollover after the last win, making it the longest jackpot rollout in the Powerball history.

The Powerball jackpot has now reset to its starting point of $20 million for Wednesday's draw! There's obviously a new chance to bag the jackpot by marking the winning numbers you can select through The Lottery Lab Tools!


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