California Lottery Player Wins $1

Posted By: Vishal Maurya Posted On: Oct 12, 2023
The grand prize had been increasing over the weeks with no jackpot winner. (File Photo)

The grand prize had been increasing over the weeks with no jackpot winner. (File Photo)

A lottery player in California has won the $1.73 billion (a little over Rs 7,500 crore) Powerball jackpot, ending the long stretch. According to CNN, this is the second-largest jackpot in the Powerball and US lottery history. The winning numbers are 22, 24, 40, 52, 64 and the Powerball 10. The winner has the option to either go for an annuity payment of $643.7 million over 30 years, or choose a lump sum prize money, estimated at $756.6 million, both before taxes, the outlet further said.

Gambling winnings in the US are subject to mandatory federal withholding taxes. In some of the US states, there are state taxes too - ranging from 2.5 per cent in Arizona to 10.9 per cent in New York.

The grand prize had been steadily increasing after weeks of drawings with no jackpot winner.

Powerball ticket sales since July have allowed the California Lottery to raise nearly $110 million for public education, the state lottery said in a news release.

Before this, a lucky man had won the record $2.04 billion Powerball jackpot in November 2022 in California.

Wednesday night's drawing was the 36th drawing in this jackpot run. It was the first time in Powerball's history that back-to-back cycles have generated billion-dollar grand prizes, Powerball said in a news release.

Promoted

Powerball is played in 45 states, the District of Columbia, Puerto Rico and the US Virgin Islands. Each ticket costs $2.

The odds of winning a Powerball jackpot are one in 292.2 million.

Source: NDTV
Related Posts:

Comment on Post

Leave a comment

If you have a News HTS user account, your address will be used to display your profile picture.

POPULAR News

icon
Bussiness She moved to the US from India at a tender age of 11. She was just 15 when she launched her technology startup. She now employs 10 people in her firm, valued at a whopping ₹100 crore. This is the life story of Pranjali Awasthi, the 16-year-old Indian protégé who has proved age is merely a number when it comes to entrepreneurship.
icon
Bussiness The Goods and Services Tax (GST) Council has chosen to delegate the taxation of Extra Neutral Alcohol (ENA), which is used for the manufacture of portable alcohol, to the states. Furthermore, it has reduced the levy rates on millet flour and molasses.
icon
Latest News Ed Sheeran noted that he's hosted friends' weddings in the area. Ed Sheeran noted that he's hosted friends' weddings in the area. Ed Sheeran noted that he's hosted friends' weddings in the area. Ed Sheeran noted that he's hosted friends' weddings in the area.
icon
Bussiness Bengaluru: As part of its pre-Series B funding round, elder care platform Age Care Labs has raised $11 million in fresh capital from fintech unicorn Zerodha's investment arm Rainmatter Capital and proptech investment firm Gruhas. Bengaluru: As part of its pre-Series B funding round, elder care platform Age Care Labs has raised $11 million in fresh capital from fintech unicorn Zerodha's investment arm Rainmatter Capital and proptech investment firm Gruhas.
icon
Sports Asian Games, Javelin Throw Highlights: Neeraj Chopra Claims Gold With 88.88m Throw, Kishore Jena Bags Silver
icon
Technology Instagram is not working on a dedicated app for iPad users and they shouldn't expect one anytime soon. That's the message directly from Adam Mosseri, who claims the company has other priorities before launching the app for iPad. Instagram is not working on a dedicated app for iPad users and they shouldn't expect one anytime soon. That's the message directly from Adam Mosseri, who claims the company has other priorities before launching the app for iPad.
icon
Technology Elon Musk-owned social media platform X (formerly known as Twitter) has distributed nearly $20 million in payments to content creators on the app, said Chief Executive Linda Yaccarino in a post on Friday. Elon Musk-owned social media platform X (formerly known as Twitter) has distributed nearly $20 million in payments to content creators on the app, said Chief Executive Linda Yaccarino in a post on Friday.
icon
World Noelia Voigt, hailing from Utah, bagged the title of Miss USA during the 2023 pageant's grand finale at Reno, Nevada's Grand Sierra Resort. The thrilling event unfolded on a Friday night and was televised live on the CW Network. Savannah Gankiewicz, representing Hawaii, secured the position of first-runner-up.
icon
Politics Hitting out at the Telangana government over parivaarwad, corruption and farmers, Prime Minister Narendra Modi on Sunday promised the poll-bound state a National Turmeric Board and a Central Tribal University in Mulugu, as he unveiled projects worth Rs 13,500 crore.
icon
Latest News As excitement brews for Amazon's highly anticipated Prime Big Deal Days, this piece of advice by the company's founder and executive chairman, Jeff Bezos, is something every consumer should keep in mind amid economic uncertainties. In an interview with CNN, Bezos expressed concerns about the current economic landscape, stating, "Things are slowing down. You're seeing layoffs in many sectors of the economy."
icon
World The United States warned against any "escalation" in the Middle East in the wake of Israel's war with Hamas, Defense Secretary Lloyd Austin said Sunday, hours after the Pentagon moved to step up military readiness in the region. The United States warned against any "escalation" in the Middle East in the wake of Israel's war with Hamas, Defense Secretary Lloyd Austin said Sunday, hours after the Pentagon moved to step up military readiness in the region.
icon
Science Pollen grains analysis helps understand how the first humans migrated from Africa across Europe and Asia, research in Science Advances says. Pollen grains analysis helps understand how the first humans migrated from Africa across Europe and Asia, research in Science Advances says.
icon
Latest News
icon
Horoscope A post shared by Mariana Louis (@persephonessister) A post shared by Mariana Louis (@persephonessister) A post shared by Mariana Louis (@persephonessister) A post shared by Mariana Louis (@persephonessister) A post shared by Mariana Louis (@persephonessister)
icon
Technology Google Pixel Launch Event 2023 Live Updates: Can Google Pixel 8 Take On iPhone 15? Updated 9 minutes ago
icon
Technology Dell, the Texas-based technology giant, may be planning fresh investment in its cutting-edge Research and Development (R&D) centre located in Bengaluru. The company already operates a prominent R&D centre in the city. At the global level, Dell operates around 25 manufacturing facilities, with 14 of these dedicated to R&D.
icon
Latest News Vijay Dashmi is a major cultural festival in India. Vijay Dashmi is a major cultural festival in India. Vijay Dashmi is a major cultural festival in India. Vijay Dashmi is a major cultural festival in India. Vijay Dashmi is a major cultural festival in India.
icon
Life Style Discover an array of captivating restaurants and exciting events that beckon you to indulge in unforgettable experiences. From culinary gems offering delectable dishes to cultural exhibitions celebrating artistry and heritage, these venues promise to satisfy your senses. Whether you're a food enthusiast seeking gourmet delights or an art aficionado craving inspiration, there's something for everyone to savor. Embark on a journey of taste, culture, and entertainment at these must-visit destinations.
icon
Latest News The luxurious home has also been featured as the location for other TV projects. The luxurious home has also been featured as the location for other TV projects. The luxurious home has also been featured as the location for other TV projects. The luxurious home has also been featured as the location for other TV projects.
icon
Technology YouTube on Monday said it did not detect materials related to child sexual abuse on its platform despite multiple probes and also has not received evidence of such content on the video streaming platform from regulators. YouTube on Monday said it did not detect materials related to child sexual abuse on its platform despite multiple probes and also has not received evidence of such content on the video streaming platform from regulators.
icon
Latest News A video capturing impatient passengers rushing to enter a train through a narrow opening of the door, each vying for a coveted spot inside, was shared online. The video was posted on Reddit with a caption that reads, “Automatic door in Mumbai trains.” The clip shows how the passengers hurled themselves through the half-open doors.
icon
Technology Grand Theft Auto fans are mercilessly mocking a GTA VI (GTA 6) leaker for their inaccurate predictions of the announcement date. Grand Theft Auto fans are mercilessly mocking a GTA VI (GTA 6) leaker for their inaccurate predictions of the announcement date.
icon
Latest News Pietro, a German Shepherd in the Carmel Police Department, is receiving tons of love on social media. The dog lent a paw to his human partner for a very important mission. He helped round up 30 goats running loose in a street in New York. A video of the dog on duty was also captured and later shared online.
icon
Technology Alphabet Inc.'s Google will begin to make its Chromebook laptops in India through a partnership forged with HP Inc. Alphabet Inc.'s Google will begin to make its Chromebook laptops in India through a partnership forged with HP Inc. Alphabet Inc.'s Google will begin to make its Chromebook laptops in India through a partnership forged with HP Inc.
icon
Latest News Humans of Bombay (HOB) recently filed a case in Delhi High Court against People of India (POI) over protecting their intellectual property. The platform's founder Karishma Mehta has now taken to Instagram to address the controversy around the case and also inform that the court has ‘upheld their contentions'.