That jackpot was won in November by a player from the Los Angeles area. The largest Powerball jackpot was $2.04bn. The game’s abysmal odds of 1 in 292.2m are designed to build big prizes that draw more players. Lottery winners typically choose the one-time lump sum.
The winner can choose either the total jackpot paid out in yearly increments or a $558.1m, one-time lump sum before taxes. Final ticket sales pushed the jackpot beyond its earlier estimate of $1bn to $1.08bn at the time of the drawing, moving it from the seventh largest to the sixth largest US lottery jackpot ever won.
