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The
ticket holder, whose identity was not disclosed, has the choice
of having the estimated jackpot paid out over 30 years, or
receiving an estimated $774.1 million lump-sum payment,
Powerball said in a statement early Thursday.
Final ticket sales pushed the jackpot beyond its advertised
estimate of $1.73 billion to $1.77 billion at the time of
drawing.
The drawing is the 36th since a Powerball player hit the jackpot
three months ago. In July, a ticket in California matched all
six numbers to win a grand prize worth $1.08 billion.
The long-shot odds of winning are 1 in 292.2 million. For
comparison, the odds of being struck by lightning over the next
year is 1 in 1.22 million, according to the U.S. National
Weather Service.
Wednesday's purse falls just short of the $2.04 billion
Powerball jackpot won by a single-ticket holder in California in
November 2022. That set a world record, according to Powerball.
Powerball tickets, which cost $2 each, are sold in 45 states,
the District of Columbia, Puerto Rico and the U.S. Virgin
Islands. More than half of ticket proceeds remain in the
jurisdiction where the ticket was sold.
Powerball drawings are held in the Florida Lottery draw studio
in Tallahassee every Monday, Wednesday and Saturday.
(Reporting by Brendan O'Brien in Chicago; Reporting by Chandni
Shah and Abinaya Vijayaraghavan in Bengaluru; editing by
Jonathan Oatis and Gerry Doyle)
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